Younergy has chosen to work with Enphase® Microinverter technology.
Lyon, France – 4 April 2017 – Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, and Younergy, a Swiss photovoltaic solar systems installer, announced today a partnership that enables Younergy to use Enphase Microinverter Systems for over 90% of its installations.
Younergy aims to play a key role in the helvetic energy transition with a goal of 100% renewable power sources. One of the Company’s key innovations is the creation of a solar subscription that allows homeowners to install a photovoltaic solar system without any additional financing; thus allowing its customers to only pay for energy produced by its system via a quarterly invoice.
"Enphase’s microinverter technology ensures we are able to guarantee the quality of our solar product offering to our customers,” said Pedro Miranda, founder of Younergy. "Enphase’s unrivaled product quality and 20 year warranty offering ensure that Younergy offers our customers the best cost of ownership while optimizing energy productivity and performance.”
Younergy’s priority was to find a partner whose products are able to optimize each solar panel’s performance. Enphase’s products offer considerable advantages for ease of installation, space savings and productivity optimization, all important factors for Younergy customers. Younergy uses its own monitoring software, “My Younergy” based on the proven Enphase Enlighten® Software. System owners can view their live energy production and monitor the status of their solar system via a simple and user friendly interface.
“Working with Younergy has helped Enphase’s expansion in the Swiss solar installation market,” said Gérald Semenjuk, regional director, Enphase Energy. “Switzerland is an important residential solar market and we are happy to work with partners such as Younergy to address and provide energy solutions.”
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 13 million microinverters, and more than 580,000 Enphase systems have been deployed in more than 100 countries. Visit www.enphase.com
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Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.
Younergy is a Swiss energy provider engaged in the design, development, installation, sale, ownership and maintenance of solar + storage systems. The Company is helping end users go solar by taking friction (capital cost, risk, effort) out of the purchasing and installation process, in a scalable, automated way. Younergy is the fastest growing residential solar company in Switzerland and has been awarded multiples prizes for the innovation it markets as “Abonnement Solaire™” or “SolarAbo”. Currently ramping up its home operations, the Company is preparing an international roll-out in 2018.
Enphase Energy Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, credit availability, need for financing, market demands for its products, and advantages of its technology and market trends. These forward-looking statements are based on the company'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 these risks and uncertainties and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest Securities and Exchange Commission filings and reports. 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.
Jean-Marie Amoros, Axicom
+33 6 85 12 15 00
Joanne POCHET, Enphase Energy
+33 6 70 03 05 06
Maëva Morais, Axicom
+33 6 30 02 31 31
Pedro Miranda, Younergy
+41 79 539 95 32