Enphase Energy Expands Deployments of NEM 3.0 Product Solution with Installers in California
FREMONT, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today expanded deployments of its NEM 3.0 product solution with the Enphase® Energy System™, powered by IQ8™ Microinverters , IQ® Batteries , and advanced software, with installers across California.
- FREMONT, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today expanded deployments of its NEM 3.0 product solution with the Enphase® Energy System™, powered by IQ8™ Microinverters , IQ® Batteries , and advanced software, with installers across California.
- Under NEM 3.0, the rates for buying and selling energy vary depending on the time of day and month.
- Enphase also offers a new battery system configuration that enables energy self-consumption and saving modes of operation without backup capabilities.
- “Enphase’s NEM 3.0 product solution is a game-changer for homeowners looking to save under California’s new, dynamic energy landscape,” said Joel McClure, chief information officer at Southwest Sun Solar .