Company: Enphase Energy
Source: CNN Money
Enphase is the first company to integrate proven computer intelligence into solar energy systems, propelling an industry shift to a new high technology model
Based on its recent analysis of the solar inverter market, Frost & Sullivan recognizes Enphase Energy, Inc. (NASDAQ:ENPH) with the 2014 Global Frost & Sullivan Award for Technology Leadership. Enphase is making considerable progress toward achieving its vision of providing clean, reliable and affordable solar energy to both the mainstream commercial and residential sectors. Its innovative microinverters offer quantifiable benefits to society and the environment, offsetting over 1.8 million tons of carbon emissions. This cutting-edge technology has catapulted the company to the position of the technology leader in the solar inverter market.
Enphase’s solution is based on connecting individual microinverters on each solar panel, performing maximum power-point tracking (MPPT), which, in turn, leads to a significant boost in energy harvest. Due to its relentless innovation, the company’s fourth generation microinverters (M215 and M250) have emerged as the world’s leading inverter technology.
“In 2014, Enphase developed a ground-breaking Energy Management System, including a fifth-generation, smart-grid ready microinverter, plug-and-play storage, advanced control capabilities, and load management,” said Frost & Sullivan Senior Industry Analyst Gautham Gnanajothi. “This novel system will help address relevant solar energy challenges, as it integrates the required critical technologies of smart grid intelligence, communications, big data analytics, and storage.”
“We are proud to be recognized by Frost & Sullivan with the 2014 Global Award for Technology Leadership,” said Paul Nahi, president and CEO of Enphase. “Over the past several years, we have worked diligently to deliver advanced technology that has changed the landscape of solar energy, and this award is a testament to our strong commitment to technology innovation.”
The most striking aspect of the Energy Management System is that it benefits all stakeholders (system owners, installers and distributors, and utilities) across the supply chain. Enphase expects that with this technology, solar energy will become a standard home feature. The intelligent technology will enable the remote monitoring and maintenance of millions of systems, thus aiding solar scalability.
In September 2014, the company announced a comprehensive, concept-to-completion solution for commercial installations, which combines the advantages of its intelligent microinverter technology with a complete set of services and partnerships to assist the end user and installer. Additionally, in October 2014, it announced a modular, plug-and-play solution (AC battery) that is fully integrated into the Enphase Energy Management System. This modular battery will allow system owners to store solar energy for night use or future use, optimizing solar power consumption and granting higher energy independence.