SA Power Networks to Trial Distributed Residential Energy Storage System with the Enphase Home Energy Solution
By Business Wire News
By Business Wire News
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today that South Australian electricity distribution network, SA Power Networks, will work with the company to conduct distributed residential energy storage trials for the Enphase Storage System that includes the Enphase® AC Battery™, a scalable, modular energy storage system that seamlessly integrates with the Enphase® Home Energy Solution.
SA Power Networks is the sole operator and manager of South Australia’s distribution network, which has a high residential solar penetration of about 25 percent, making it the perfect testing ground for the Enphase Storage System.
“Enphase is delighted to be working with SA Power Networks for our inaugural trial with a large-scale utility provider in Australia,” said Greg Wolfson, storage product line director at Enphase. “As we prepare for the launch of the Enphase Home Energy Solution in Australia, these trials will help us gain insights into how energy storage can help utility providers improve their load management and develop business models for residential energy storage.”
“Ensuring grid stability is one of the most significant issues to address with solar power increasing its penetration into the electricity grid in Australia,” said Nathan Dunn, managing director for Enphase Energy Asia-Pacific. “The introduction of energy storage on the grid will provide greater stability, which is a win for both service providers and residential customers.”
Enphase Home Energy Solution, an integrated solution combining solar generation, energy control, and energy storage, offers homeowners a plug-and-play AC Battery solution to store energy generated from their solar photovoltaic (PV) system. Through the installation of a smart-grid ready Enphase Envoy-S Metered™ gateway, users can securely monitor and manage their home energy consumption via web-enabled devices. Envoy-S Metered also enables homeowners to rightsize their energy storage system to maximize the value of the energy from the owner’s solar system.
To learn more about the Enphase Home Energy Solution, visit Enphase Energy at the All Energy Exhibition and Conference in Melbourne (Booths 1510, 1914, 2500, 2504 & 2910) from October 7-8, 2015.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, is leading the charge to bring smart, connected solar energy to every home, business and community. The company delivers simple, innovative and reliable energy management solutions that advance the worldwide potential of renewable energy. Enphase has shipped approximately 9 million microinverters, and over 340,000 Enphase residential and commercial systems have been deployed in more than 95 countries. Join Enphase on LinkedIn and Twitter and visit www.enphase.com for more information.
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This press release may contain forward-looking statements, including statements related to Enphase Energy’s financial performance, market demands for its products, and advantages of its technology and market trends. These forward-looking statements are based on the company’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 these risks and uncertainties and other risks detailed in the “Risk Factors” and elsewhere in Enphase Energy’s latest Securities and Exchange Commission filings and reports. 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.