Date: 01/19/2011
Company: Enphase Energy
Source: Reuters
NEW YORK Jan 19 (Reuters) – Enphase Energy will triple the production capacity of its solar equipment this year and expects to move into the renewable energy markets in Europe, the company said on Wednesday.
Enphase, which sells microinverters that turn the direct current from solar panels into alternating current that can be fed into household power systems, said it expected to increase its production capacity to support between 300 to 500 megawatts of solar capacity.