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PUBLISHED BY MarketWatch.com : POST DATE 02/02/2014 | Comments
PETALUMA, Calif., Jan 15, 2014 (GLOBE NEWSWIRE via COMTEX) -- Enphase Energy, Inc. ENPH -1.86% , today announced a company milestone of 1GW (AC) of Enphase Microinverters shipped worldwide to date. In 2008, the company launched its first-generation microinverter system in North America. In five years the company has brought to market three succeeding technology generations while also expanding internationally.
During the fourth quarter of 2013, Enphase shipped 107MW (AC) of microinverter systems. This is an increase of 14 percent compared to the third quarter of 2013 and an increase of 30 percent year-over-year.
"We continued to see very strong business momentum during the fourth quarter, mainly driven by a healthy residential solar market in the U.S.," said Paul Nahi, CEO of Enphase. "During the fourth quarter, shipments exceeded 100MW of microinverter systems for the first time, marking another record quarter."
Enphase previously announced on November 5, 2013, that it expected revenue during the fourth quarter of 2013 to be within a range of $62 million to $65 million. As a result of the strong business momentum, Enphase currently expects revenue for the fourth quarter of 2013 to be within a range of $66 million to $67 million.
The company will release financial results for the fourth quarter of 2013 and full year 2013 in late February 2014.
 
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PUBLISHED BY Carlos : POST DATE 09/03/2014 | Comments
 

News spread through San Francisco early Tuesday morning as Enphase Energy kicked off Intersolar North America with an announcement from Enphase CEO Paul Nahi introducing its Fourth Generation Enphase System.

The public announcement of the new M250 and Enlighten software platform has been a long awaited milestone within the Enphase team, and is now a celebrated milestone we are proud to share with all.

In just over five short years, we have introduced and commercialized the Microinverter System, making it easier to design, install and monitor solar arrays. To-date, we have shipped over 3.3 million units in eleven countries across North America, Europe and Asia Pacific.

Revolutionizing solar power generation, Enphase has been named the number one residential PV inverter supplier in the Americas, according to industry data published by IHS Research in its PV Inverter World Market Report – 2013.

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