Enphase Energy Expands Battery Storage in Colorado
Retrieved on:
Thursday, January 13, 2022
FREMONT, Calif., Jan. 13, 2022 (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, today announced that Enphase installers in Colorado have seen increased deployments of the Enphase Energy System, powered by IQ Microinverters and IQ Batteries, across the state.
Key Points:
- FREMONT, Calif., Jan. 13, 2022 (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, today announced that Enphase installers in Colorado have seen increased deployments of the Enphase Energy System, powered by IQ Microinverters and IQ Batteries, across the state.
- Colorado is rapidly expanding its residential battery storage capacity, with deployments expected to double in 2022 and to grow 12-fold over the next six years, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie.
- The Enphase IQ Battery features Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and safer operation through excellent thermal stability.
- With an average of more than 300 sunny days per year, Colorado has tremendous solar potential, said Dave Ranhoff, chief commercial officer at Enphase Energy.