Enphase to Collaborate With PG&E on Testing Integrated Distributed Energy Resources

PETALUMA, CA -- (Marketwired) -- 07/11/16 -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today a pilot program with Pacific Gas & Electric (PG&E) in California to integrate and optimize smart microinverters used in distributed energy generation.

The program will support PG&E to demonstrate and implement its Distributed Energy Resource Management System (DERMS) for real-time data integration and control of distributed energy resources. PG&E will evaluate how smart microinverters from Enphase used with customer-sited solar can be controlled and coordinated with grid management and voltage optimization technology. The program goals are to support increased penetration of distributed energy resources and to increase overall operational efficiencies of the entire system.

The joint program will focus on targeted circuits in the San Jose and Fresno service areas. Eligible PG&E customers on those circuits can participate in the voluntary program and receive advanced equipment from Enphase as well as program participation incentives. Enphase is providing Enphase S-Series microinverters, Envoy-S gateways and its cloud-based Grid Optimization Services.

"Enphase has already been working with a number of utilities to integrate smart inverters and help transform distributed energy resources into grid assets that will help modernize the grid," said Raghu Belur, Enphase vice president of products and strategic initiatives. "Working with PG&E is an exciting next step. Our smart microinverters will provide real-time intelligence from those assets as well as allow coordinated control to increase grid reliability and ultimately deliver better service to PG&E customers."

The program is funded in part by the Electric Program Investment Charge (EPIC) Program, which enables PG&E to work with the California Energy Commission to develop smart grid technology demonstration and deployment programs. EPIC was created by the California Public Utilities Commission in December 2011 to support investments in clean energy technologies that provide benefits to the electricity ratepayers of PG&E and other investor-owned utilities in California.

About Enphase Energy

Enphase Energy, a global energy technology company, is leading the charge to bring smart, connected solar energy to every home, business and community. The company delivers simple, innovative and reliable energy management solutions that advance the worldwide potential of renewable energy. Enphase has shipped approximately 11 million microinverters, and over 460,000 Enphase residential and commercial systems have been deployed in more than 100 countries. For more information, visit www.enphase.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, release dates for new products, 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.

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

Danny Miller
Global Corporate Communications
Email contact

415-407-6491

Source: Enphase Energy, Inc.

News Provided by Acquire Media