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Enphase products in Europe in high demand as energy crisis drives desire for self-consumption

September 21, 2022
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Enphase products in Europe in high demand as energy crisis drives desire for self-consumption
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Demand for residential photo voltaic in Europe is hovering amid the continent’s power disaster, which has pushed up costs considerably. Picture: Enphase

Microinverter provider Enphase Power is witnessing hovering demand for its merchandise in Europe for self-consumption because the continent’s power disaster is growing inflicting individuals to look to residential photo voltaic PV, paired with battery storage in lots of instances.

Enphase, which is ramping up its efforts to supply holistic residence power options and administration methods, advised this web site that demand for its merchandise in Europe has all the time been sturdy however that the present power disaster has seen this go as much as one other degree.

The corporate doubled its Q2 2022 income year-on-year and its income in Europe was up 89% on the identical quarter final 12 months and 69% on Q1 2022.

In an effort to higher service this mounting demand, Enphase has expanded its world manufacturing capability by partnering with producer Flex in Timisoara, Romania for its European base.

Talking with PV Tech on the RE+ trade occasion in Anaheim, California, Andy Newbold, Enphase’s senior director of communications, mentioned the corporate was actively exploring the concept of bringing manufacturing to the US following the passing of the Inflation Discount Act (IRA) and the manufacturing incentives it carry, particularly for microinverters which has its personal subcategory.

Extra particulars on that must be launched quickly however there may be nonetheless some uncertainty as to how the authorized language included within the IRA might be translated to precise coverage assist, Newbold mentioned.

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In the meantime, the corporate is working to develop a complete residence power resolution system that can present prospects with sensible power choices because it strives to supply larger residence power administration.

Enphase just lately bolstered its residence power administration providing with an settlement to accumulate German software program supplier GreenCom Networks and a tie-up with House Join, a digital platform that enables residence home equipment to be managed with an app.

Newbold mentioned the acquisition of GreenCom, which gives sensible residence power options in its residence market of Germany, will enable it to supply higher providers to its different prospects by drawing on GreenCom’s information of the sector and classes from different markets.

PV Tech might be following up on this dialog with Enphase in additional depth quickly. Keep tuned…

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Tags: CrisisdemanddesiredrivesEnergyEnphaseeuropehighproductsselfconsumption
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