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Enphase Energy and Erus Energy Celebrate Ten Years of Solar Collaboration

Globe Newswire 4-Mar-2019 8:01 AM

FREMONT, Calif., March 04, 2019 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced that it is celebrating ten years of collaboration and business with Erus Energy in 2019. Erus Energy, a premium residential solar installation company serving Arizona, Florida, New Mexico, South Carolina, and Texas, is one of the earliest customers of Enphase Energy microinverters.

"We started using Enphase microinverters in 2009 during the early days of solar, back when we were installing just 25 homes per month, not 350, and our peer companies laughed at us for using new and unproven technology," said Dave Brady, CEO of Erus Energy. "As the Solar Review website indicated in January, we are no longer the only ones who know that Enphase IQ microinverters are top-of-the-line when it comes to quality, performance, features, warranty, and reliability. We expect the Enphase IQ Microinverter System to continue to be a central part of our success formula in the future."

The Enphase IQ Microinverter System dramatically simplifies solar installations and provides a complete AC solution that uses no high voltage DC, providing a safe solar solution for homeowners. Enphase IQ microinverters meet or exceed regulatory requirements set by the National Electrical Code (NEC) and individual states. Unlike string inverters, rapid shutdown capability is built-in, with no additional equipment necessary. The Enphase Home Energy Solution with IQ™ allows energy monitoring and insights from the Enphase Enlighten™ software platform's easy-to-use interface.

"Erus Energy is one of the solar installation companies that push the envelope and can boast about more than a decade of operations, and we appreciate their long-term relationship with Enphase," said Raghu Belur, co-founder and chief products officer at Enphase Energy. "Dave has always been among the first to sign up for beta tests of our new products, including being one of the first to install and test the Enphase AC Battery™, as well as two generations of IQ microinverters. I also commend Dave for his successful strategy of entering geographic markets that other installation companies ignored. I speak for the whole Enphase team when I thank Dave and the Erus team for being such outstanding partners as we enter the tenth year of collaboration."

For more information, please visit Erus Energy online at https://www.erusenergy.com.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage, and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world's only truly integrated solar plus storage solution. Enphase has shipped more than 19 million microinverters, and over 855,000 Enphase systems have been deployed in more than 125 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.

About Erus Energy

Erus Energy was founded in 2005 as a licensed, general contracting business that specialized in high-end custom home builds. In 2009, Erus entered the solar energy business and began to focus exclusively on residential and commercial solar. Today, Erus is fully integrated, offering financing, installation, ongoing maintenance, and service to both residential and commercial customers in New Mexico, Arizona, South Carolina, and Florida.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, market demand and expected availability dates for its products, expected performance and advantages of its technology, and market trends. These forward-looking statements are based on Enphase's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties including those risks described in more detail in Enphase's most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC's website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

Images Available: http://go.enphase.com/enphase-media-room

Contact: Christian Zdebel, pr@enphase.com, 484-788-2384

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