Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology
company and the world’s leading supplier of solar microinverters,
and Q CELLS, a renowned total energy solutions provider in solar
cell and module, energy storage, downstream project business and
energy retail, today announced a strategic partnership to develop
Enphase Energized™ Q CELLS AC Modules (ACMs) based on
seventh-generation Enphase IQ™ microinverters. The first Enphase
and Q CELLS-developed ACMs will be available from major
distributors in the U.S. starting July 15th.
The Q.PEAK DUO BLK-G6+/AC 340-345 ACM features the Enphase IQ
7+™ microinverter and is the first Enphase Energized ACM from Q
CELLS to come to market. The Q.PEAK DUO BLK-G6+/AC produces
outstanding yields thanks to power classes of up to 345 Wp and
efficiencies of up to 19.5%. These performance values are possible
through Q CELLS’ unrivalled Q.ANTUM DUO monocrystalline half-cell
technology, combined with state-of-the-art circuitry and 6-busbar
cell design. The Q.PEAK DUO BLK-G6+/AC also offers long-term
reliability with a 25-year product warranty and one of the lowest
degradation rates in the industry, which guarantees 85% initial
performance in the 25th year. The Q.PEAK DUO BLK-G6+/AC Enphase
Energized ACM allows installers to be more competitive through
improved capital management, reduced labor costs, improved SKU
management with accelerated design, and faster installation times.
The Q.PEAK DUO BLK-G6+/AC modules are assembled in the USA at Q
CELLS’ manufacturing facility in Dalton, GA.
“Enphase was the right partner for Q CELLS to develop an AC
module for the high-volume residential solar market because both
companies are aligned in providing customers with the highest
quality and most reliable solar technology,” said Hee Cheul
(Charles) Kim, chief executive officer of Q CELLS. “Our shared
customers will benefit from faster installations and reduced
operating costs enabled by the AC modules, and we look forward to a
long and successful collaboration with Enphase.”
The seventh-generation Enphase IQ microinverter system
dramatically simplifies solar installations and provides a complete
AC solution that produces no high-voltage DC, providing a safe
solar solution for homeowners. Enphase Energized AC modules from Q
CELLS work seamlessly with the full suite of Enphase IQ accessory
products: the lighter two-wire Enphase Q Cable™, the Enphase IQ™
Combiner 3 with pre-installed Enphase IQ Envoy™ gateway, as well as
the Enphase Encharge™ energy storage system. Solar installers who
select the Q.PEAK DUO BLK-G6+/AC can monitor their solar fleets
remotely using the powerful cloud-based Enphase Enlighten™
monitoring system, provide their customers the peace-of-mind of a
25-year module warranty, and rely on the Enphase support team to
deliver an outstanding customer experience.
“I have great confidence in the quality and reliability of the
products from both Q CELLS and Enphase, so this new ACM is certain
to be a rock-solid combination,” said Dewaine Dennis Sr., founder
and co-owner at Quantum Solar Designs. “This new Q CELLS AC Module
fills an important gap in the mid-market and represents a great way
to deliver value to both installers and homeowners. We are excited
about offering Q CELLS AC modules to our customers.”
“Q CELLS is a global PV technology leader known for its
high-quality photovoltaic solar cells and modules, and this AC
module partnership is yet another validation of the ACM concept and
Enphase’s microinverter technology,” said Badri Kothandaraman,
chief executive officer at Enphase Energy. “This ACM partnership
harnesses the strengths of both companies to offer a high quality,
easy-to-use solution for the high-volume residential market.”
Q CELLS AC Modules based on Enphase IQ™ microinverters meet all
necessary regulatory requirements set by individual states and the
National Electrical Code (NEC) and are certified compliant with NEC
2014 and 2017 rapid shutdown requirements. Unlike string inverters,
Enphase IQ microinverters have rapid shutdown built in, with no
additional equipment necessary. Enphase IQ microinverters also
comply with requirements for distributed solar on utility networks
included in Rule 21 in California and Hawaiian Electric Company
Rule 14H, such as power factor, voltage and frequency ride-through
requirements.
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 27 million microinverters, and over
1.1 million Enphase systems have been deployed in more than 130
countries. For more information, visit www.enphase.com and follow
the company on Facebook, LinkedIn and Twitter.
Enphase Energy®, the Enphase logo, Enphase Energized, IQ, 7+, Q
Cable, Combiner 3, Envoy, Encharge, 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.
About Q CELLS
Q CELLS is a renowned total energy solutions provider in solar
cell and module, energy storage, downstream project business and
energy retail. It is headquartered in Seoul, South Korea (Global
Executive HQ) and Thalheim, Germany (Technology & Innovation
HQ) with its diverse international manufacturing facilities in the
U.S., Malaysia, China, and South Korea. Through its growing global
business network spanning Europe, North America, Asia, South
America, Africa and the Middle East, Q CELLS provides excellent
services and long-term partnerships to its customers in the
utility, commercial, governmental and residential markets. For more
information, visit: www.q-cells.com.
Forward-Looking Statements
This press release may contain forward-looking statements,
including statements related to Enphase Energy's availability
dates for its products, the expected performance and advantages of
its technology and products, including quality, safety, reliability
and the simplicity of installation; the capabilities of its
customer service teams; anticipated product adoption; and the
capabilities and performance of its partners’ products and
services. 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.
Media Contacts
for Enphase: Christian Zdebel, pr@enphase.com, 484-788-2384
for Q CELLS: Q CELLS America, media@us.q-cells.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cee8c52c-1039-4792-8951-2c104e1b1c15
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