Enphase Brings IQ Battery to India, Offering Energy Independence Amid Outages
September 24 2024 - 8:00AM
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology
company and the world's leading supplier of microinverter-based
solar and battery systems, announced today the launch of its most
powerful Enphase® Energy System™ to-date, featuring the new IQ®
Battery 5P™ and IQ8™ Microinverters, for customers in India.
India’s power grid is among the most challenging
in the world, with frequent outages disrupting daily life for many
households. The new Enphase Energy System transforms this situation
by enabling uninterrupted, reliable backup power. Key components of
the system include:
- IQ Battery 5P:
Enphase’s most powerful home battery yet, designed for modularity.
Starting at 5 kWh, it can scale up to 40 kWh to meet varying home
energy needs. With 3.84 kW continuous power and 7.68 kW peak power
for short bursts, it enables homeowners to run even the most
power-hungry appliances during outages. Built with advanced lithium
iron phosphate (LFP) chemistry, the battery offers enhanced safety
and significantly less maintenance compared to the widely used
lead-acid batteries in India.
-
IQ® System
Controller: The controller (or backup switch) isolates the
home from the grid during outages, allowing seamless power supply
from Enphase’s solar and IQ Battery 5P systems. The transition is
instant, so most homeowners won’t even know there was an
outage.
-
IQ®
Microinverters: Homeowners can choose between IQ7
or IQ8 Microinverters. The IQ8HC™ and IQ8P™ Microinverters,
launched in India last year, deliver peak AC output power of 384 W
and 480 W, respectively, and seamlessly pair with solar panels up
to 670 W DC. IQ8 Microinverters are grid-forming and feature
Enphase’s Sunlight Jump Start™, allowing the system to restart
using sunlight after a prolonged grid outage that drains the
battery.
“The launch of the IQ Battery 5P marks a
significant milestone for India,” said Harsha Kuntur, managing
director at Ecosoch Solar. “These are some of the most advanced
batteries, with built-in smart inverters that integrate seamlessly
into Enphase’s ecosystem, providing complete control over both
critical and non-critical loads. Homeowners can optimize energy use
and ensure resilience, even under high demand. Scalable and
future-ready, they allow power export to the grid during non-solar
hours. With a long warranty and a durable design that eliminates
any single point of failure, these batteries set a new standard in
energy solutions for Indian homes.”
“Our customers are increasingly looking for
energy independence, and the Enphase Energy System, powered by the
new IQ Battery 5P, delivers just that,” said Rakshith Talanki,
director at SunPV Energy Pvt. Ltd. “The system’s flexibility and
advanced technology, including the IQ8 Microinverters, enable us to
provide solutions that are not only reliable but also scalable for
future growth. This gives homeowners the confidence to power
through outages and reduce their reliance on the grid.”
Homeowners can use the Enphase® App to monitor
performance and intelligently manage their battery systems,
including the self-consumption feature to minimize grid electricity
use. The App also offers homeowners the ability to disconnect from
the grid entirely and reconnect with ease, all with just a few taps
when desired. Enphase provides 24/7 customer support and
industry-leading warranties, including a 15-year limited
warranty—extendable up to 25 years—on IQ8 Microinverters and a
15-year limited warranty on IQ Batteries activated in India. Both
limited warranties require the installation of an IQ® Relay device.
The IQ Relay is integrated into the IQ System Controller for
systems with IQ Batteries.
“Homeowners prioritize reliability and safety
when selecting a home energy system,” said Thejas Babu, director at
Thapas Energy. “The Enphase Energy System with the IQ Battery 5P is
designed to provide exceptional reliability, safety, and
performance, enabling homeowners to effectively harness solar power
for their daily energy needs.”
“At Enphase, we strive to provide world-class
technology for homeowners and businesses to support their energy
needs,” said Mehran Sedigh, senior vice president of sales at
Enphase Energy. “As India aims to increase its clean energy
generation, we’re proud to work with our installer network across
the country to equip homeowners with smart, safe, and powerful
solar and battery products.”
Distributors and installers in India can now
place pre-orders for the IQ Battery 5P, with shipments to
installers expected to begin in December. For more information
about the IQ Battery 5P in India, please visit the Enphase
website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology
company based in Fremont, CA, is the world's leading supplier of
microinverter-based solar and battery systems that enable people to
harness the sun to make, use, save, and sell their own power—and
control it all with a smart mobile app. The company revolutionized
the solar industry with its microinverter-based technology and
builds all-in-one solar, battery, and software solutions. Enphase
has shipped approximately 76.3 million microinverters, and over 4.3
million Enphase-based systems have been deployed in more than 150
countries. For more information, visit https://enphase.com/.
©2024 Enphase Energy, Inc. All rights reserved.
Enphase Energy, Enphase, the “e” logo, IQ, IQ8, Solargraf, and
certain other marks listed at
https://enphase.com/trademark-usage-guidelines are trademarks or
service marks of Enphase Energy, Inc. Other names are for
informational purposes and may be trademarks of their respective
owners.
Forward-Looking Statements
This press release may contain forward-looking
statements, including statements related to the expected
capabilities and performance of Enphase Energy’s technology and
products in India, including safety, quality and reliability; and
the availability and market adoption of Enphase products in India.
These forward-looking statements are based on Enphase Energy’s
current expectations and inherently involve significant risks and
uncertainties. Actual results and the timing of events could differ
materially from those contemplated by these forward-looking
statements as a result of such risks and uncertainties including
those risks described in more detail in Enphase Energy’s most
recently filed Quarterly Report on Form 10-Q, Annual Report on Form
10-K, and other documents filed by Enphase Energy from time to time
with the SEC. 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.
Contact:
Enphase Energypress@enphaseenergy.com
This press release was published by a CLEAR® Verified
individual.
Enphase Energy (NASDAQ:ENPH)
Historical Stock Chart
From Nov 2024 to Dec 2024
Enphase Energy (NASDAQ:ENPH)
Historical Stock Chart
From Dec 2023 to Dec 2024