Enphase Energy Inc.
) announced the utilization of its Enphase M215 Microinverter
systems in a 2.3MW (2MW AC) solar venture at Vine Fresh Produce,
Ltd., in Ontario, Canada. Sentinel Solar worked on the
installation of more than 9,000 Enphase inverters and
JinkoSolar Holding Co., Ltd.
) solar modules on the three-phase rooftop solar photovoltaic
Straddled on Vine Fresh Produce's existing greenhouse complex,
the solar rooftop project, Enphase Energy's largest to date, is a
part of the region's Feed-in-Tariff (FIT) program. The solar
array replaces a part of the roof structure of the greenhouse
facility exposing the underside of each solar module which offers
easy accessibility and maintenance.
Enphase Energy's cutting edge microinverter system provides
high-quality installation, operation and maintenance solutions to
solar energy systems. Combined with its Envoy Communications
Gateway and Enlighten web-based software platform, Enphase
Energy's products deliver increased energy yield and unmatched
solar intelligence services.
The streamlined features of Enphase Energy's microinverters
along with the safety of an all-AC system will enable Vine Fresh
Produce's owners to install and maintain their own solar
Enphase Energy's products have successfully managed to hold
its presence in the markets of Europe and Asia as well as the
emerging solar market of Australia. In Jun 2013, the company
announced a major commercial solar initiative in Europe, which
involves superior commercial solution, resources and training for
the use of Enphase Energy's microinverters in solar projects. It
would also support installers in the growth of their
Although microinverters have steadily gained traction in the
North American market, the modern high-tech features associated
with these inverters make it costly compared to its cheaper
counterpart, string inverters. Despite the effort to bring more
parity in costs of these two types of inverters, the estimated
15% to 20% decrease in three-phase string inverter prices in 2013
will likely be a damper for the company.
Enphase Energy currently holds a Zacks Rank #4 (Sell). Other
solar product manufacturers worth considering at the moment are
Zacks Ranked #1 (Strong Buy)
) and Zacks Ranked #2 (Buy)
Yingli Green Energy Holding Company Limited
ENPHASE ENERGY (ENPH): Free Stock Analysis
JINKOSOLAR HLDG (JKS): Free Stock Analysis
SUNPOWER CORP-A (SPWR): Free Stock Analysis
YINGLI GREEN EN (YGE): Free Stock Analysis
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