Enphase Energy and Urban Solar Partner on 719 kW Multifamily Solar Site in Florida

FREMONT, Calif., March 08, 2021 (GLOBE NEWSWIRE) —

Enphase Energy, Inc.

(NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that Urban Solar has deployed a large-scale commercial solar system at the Praxis of Deerfield Beach senior living community in Deerfield Beach, Florida. Spanning nine buildings, the system is expected to produce 1,040,900 kWh of electricity in its first year of operation.

The Praxis of Deerfield Beach senior living community is owned by MRK Partners and offers apartment-style living designed for low- and fixed-income seniors. The 224-unit complex was originally built in a master meter configuration, for which the local utility required the use of a single-phase solar system. The Praxis solar array consists of 1,798 Enphase IQ 7+™ microinverters managed by nine Enphase Envoy™ communications gateway devices. The Envoy communications gateways connect Enphase Solar systems to the Enphase Enlighten™ software monitoring platform and help make per-panel energy monitoring and insights for operations and maintenance easy.

“This is the second master meter property in the MRK Partners portfolio that Urban Solar has helped bring into the future with solar energy, and Enphase Solar technology has once again proven to be the right technology for the upgrade,” said Michael Vergona, president at Urban Solar. “These master meter buildings were built in the 1980s and provide a vital source of housing for seniors with constrained budgets. A large-scale upgrade to an individually metered electrical system would have been complicated and expensive, so we were very happy to offer a solar energy alternative that helped to solve the problem.”

Enphase microinverters are subjected to a rigorous reliability and quality testing regimen with over one million cumulative hours of test cycles in heat, high humidity, salty air, and extreme cold. To further help ensure quality and durability, Enphase IQ 7+ microinverters are designed to be long-lived energy assets and do not contain complicated moving parts or easily breakable components, such as fans, and are backed by a 25-year warranty.

“The Urban Solar team has taken on some extraordinarily challenging solar projects, and I am proud that Enphase products were utilized to add value for multi-unit properties like the Praxis of Deerfield Beach,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “At Enphase, we are dedicated to delivering a combination of high-quality products and an outstanding customer experience, and installation companies like Urban Solar help deliver on these commitments.”

For more information about Urban Solar and commercial solar solutions based on Enphase Energy technology, please visit the Urban Solar website at

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About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 32 million microinverters, and approximately 1.4 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit

www.enphase.com

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Enphase Energy, Enphase, the E logo, IQ 7+, Envoy, Enlighten, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.


Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including monitoring capabilities, quality and reliability, and energy production; and our customer service and the quality of service provided by our installation partners. These forward-looking statements are based on Enphase’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 certain risks and uncertainties, including those risks described in more detail in Enphase’s most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC’s website at www.sec.gov. 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, except as required by law.


Contact

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Christian Zdebel


[email protected]


484-788-2384

A photo accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/7eeefd99-8c2f-4ee4-a59c-a12b1d7987da



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