Enphase Energy Inc.
) has announced that Arizona based Cambio Energy has completed a
solar installation at the Tempe Plaza Solar project using its
cutting-edge Enphase Microinverter System. The 302 Kilowatt solar
project includes 1,211 microinverters supplying solar electricity
to retail and office outlets.
Enphase Energy's next generation microinverter system offers
innovative solutions related to operation, maintenance and
installation of solar energy systems. The product's safety, easy
installation process and optimum harvest potential are the
essential features that make it superior to the conventional
The company's Enphase Microinverters, Envoy Communications
Gateway and Enlighten web-based monitoring and analysis software
work in tandem to provide greater energy yield and unmatched
solar system intelligence.
The microinverters cut off high-voltage DC, help to reduce
costs and are time saving in nature. Along with this, the
real-time monitoring capabilities will allow precise forecasting
of total energy production and repair the array for the lifetime
of the system.
As of now, Enphase Energy has exported about 2.6 million
microinverters and has spread its operations in Europe,
Asia-Pacific as well as North America. Recently, the company
entered the Australian renewable market joining forces with RFI
Solar for the distribution of Enphase Microinverter System.
Besides the tie-up with Cambio Energy, Enphase earned another
microinverter buyer - Certain Teed - for the new Solstice AC
Solar Roofing System. This includes installing the M215
microinverter directly to a SolarWorld 250-watt photovoltaic
("PV") module which will be tracked by Enphase Energy's Enlighten
Although Enphase is bound to benefit from the increasing
popularity of solar energy leading the renewable bandwagon in the
U.S., we believe centralized inverter technologies will continue
to provide stiff competition. Conventional electronic component
General Electric Company
) are gradually penetrating the U.S. market offering better
prospects. Moreover, natural gas is another energy source which
is currently leading the race in power generation and is likely
to impede the renewables growth trajectory.
Presently, Enphase Energy carries a Zacks Rank #4 (Sell). We
however prefer the Zacks Rank #1 (Strong Buy) stock
Yingli Green Energy Holding Company Limited
Based in Petaluma, CA, Enphase Energy, Inc. along with its
subsidiaries engages in the design, development, and sale of
microinverter systems for the solar photovoltaic industry.
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