Enphase Energy Selected By Vision Solar As Preferred Inverter Supplier

August 26, 2015 at 9:00 AM EDT

News Highlights:

  • Vision Solar taps Enphase as preferred module-level power electronics partner, looks forward to offering Enphase Energy Management System to its customers, including AC Battery
  • Simplicity of design and installation along with equipment quality and reliability are reasons Vision Solar selected Enphase solar energy solutions
  • Long-time Enphase and Vision Solar partner, Gexpro, provides distribution support

PETALUMA, Calif.--(BUSINESS WIRE)-- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company, has been selected as the preferred inverter supplier and module-level power electronics (MLPE) partner for Vision Solar via its distribution arrangement with electrical distributor, Gexpro. Fueled by 400% year-on-year growth, Vision Solar is one of the nation's fastest growing, full-service residential solar installers, with operations in California, Nevada, Utah, Texas, New Jersey, and South Carolina.

Vision Solar cited Enphase's simplicity of design and installation, quality and reliability of its equipment, 25-year warranty, and comprehensive services as some of the compelling reasons behind the installer's decision to replace its existing MLPE supplier.

"The Enphase solution surpasses any other competing inverter offering on the market," said Matt Rasmussen, CEO of Vision Solar. "Our sales and installations have quadrupled over the past 12 months, and we are excited about Enphase's technology roadmap and its vision for the future of energy. We look forward to offering our customers Enphase's energy management solutions, including the AC Battery."

The strong channel relationship between Enphase, Vision Solar, and Gexpro helped Vision Solar in its decision to switch to Enphase.

"Enphase products are an integral part of our solar solutions offering," said Robert Logan, Pacific Division vice president at Gexpro. "Enphase is not only a distribution-friendly manufacturer, but is also a strong partner that seeks our input regarding its product development efforts."

"As one of our fastest-growing customers, Vision Solar counts on Gexpro to perform. We work hard to provide a consistent and repeatable service model wherever they operate. Our goal is to provide top-tier service to Vision Solar and work as a partner to support their expansion," added Logan.

"Since its entry into the residential space in 2013, Vision Solar has exceeded the megawatt-per-month mark and has become a sales and installation leader in the geographies it serves," said Carol Giles Neslund, vice president, Americas, at Enphase Energy. "Vision Solar chose Enphase because we offer the smartest, most scalable and cost-effective solar solution, both for Vision's design and installation teams, as well as for its customers leasing or buying the systems."

Enphase Energy will be showcasing its suite of solar and energy management technologies at Solar Power International 2015, from September 15-17 at the Anaheim (CA) Convention Center.

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 9 million microinverters, and over 340,000 Enphase residential and commercial systems have been deployed in more than 95 countries. Join Enphase on LinkedIn and Twitter and visit www.enphase.com for more information.

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

About Vision Solar

Vision Solar is one of the nation's fastest growing, full-service residential solar installers. Their ability to work with homes of any size and homeowners across multiple states, from California to New Jersey, fuels growth that is far outpacing industry standards. In just a few short years, Vision Solar has become a fixture atop industry leader lists. As a full-service solar company, Vision Solar owns the entire process from customer acquisition to custom system design, installation, and continued service and maintenance. Learn more at www.visionsolar.com

About Gexpro

Gexpro, a part of Rexel, one of the world's largest electrical distributors, operates in over 80 branches in the United States. We combine productivity tools, large local inventories, and dedicated product and solutions specialists to get customers the electrical supplies they need, when and where they need them. Gexpro supports customers acorss the country to create value, lower their total cost of ownership, and run their businesses better. To learn more about Gexpro, visit http://www.gexpro.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, market demands for its products, 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
Michelle Taylor, 707-763-4784
pr@enphaseenergy.com
or
Impress Labs (for Enphase)
Jason Isberg, 415-269-9784
jason@impresslabs.com
or
Vision Solar
Travis Thornton, 888-781-7074
media@visionsolar.com

Source: Enphase Energy, Inc.

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