Enphase Energy is buying GreenCom Networks AG, an Web of Issues (IoT) software program supplier based mostly in Primarily based in Munich, Germany. The acquisition is topic to customary closing circumstances and regulatory approvals and is predicted to shut within the fourth quarter of 2022.
“The technical capabilities of the event workforce at GreenCom Networks will assist speed up our house vitality administration options globally,” stated Mehran Sedigh, Vice President, Storage Enterprise Unit at Enphase Vitality. “We’re excited to introduce the corporate’s options to our clients, starting in Germany. We look ahead to constructing upon the corporate’s present providing, and integrating it into the Enphase platform.”
GreenCom connects and manages a variety of distributed vitality units throughout the house. The corporate’s know-how facilitates a convergence of sectors comparable to mobility, heating, and renewable vitality, sometimes called sector convergence or sector coupling, to assist obtain full house electrification.
For Enphase, the acquisition is predicted to:
- Add an area engineering workforce to service the accelerating clear vitality transition in Europe
- Present installers with an entire house vitality administration system integrating Enphase microinverters and batteries with third-party EV chargers and warmth pumps
- Allow owners to watch and management the units from the Enphase App
- Facilitate house vitality administration options comparable to inexperienced EV charging, inexperienced heating with warmth pumps, and time-of-use optimization
GreenCom Networks has in depth expertise integrating a various set of units comparable to photo voltaic inverters, battery methods, EV chargers, and warmth pumps. These units are sometimes made by totally different suppliers and should be orchestrated intelligently to optimize vitality consumption. GreenCom’s software program options lead to a wealthy and seamless expertise for the home-owner and might help optimize the quantity of self-generated vitality that’s consumed or saved by the home-owner.
“The vitality disaster shouldn’t be confined to Europe – it’s a world concern that must be solved,” stated Christian Feisst and Peter Mueller-Bruehl, co-CEOs of GreenCom Networks. “By pairing Enphase photo voltaic and battery methods with GreenCom’s IoT platform, we consider we will make significant progress in bettering sustainability, decarbonization, and lowering the reliance on fossil fuels for our clients. Our workforce has been pushed by objective and we’re excited to speed up the impression of our house vitality administration options by becoming a member of Enphase.”