MILTON KEYNES, England--(BUSINESS WIRE)--Enphase Energy, Inc. (NASDAQ:ENPH), a leading global energy technology company, has been selected by Pretty Green Energy (PGE), a Wakefield-based company that installs solar PV systems, solar thermal, and other renewable energy solutions, to be its sole supplier for solar energy systems in the residential and commercial solar photovoltaic market.
“Enphase is the ideal partner for us,” stated Marc Jones, CEO of Pretty Green Energy. “The 20-year U.K. warranty on Enphase® microinverters, along with the 24-hour support the company provides, enables us to deliver the highest level of product performance and assistance to our customers.”
“The U.K. market is shifting away from cheap, low-quality installers who have average life expectancy of only 18 months,” said Jones citing reporting from the HM Revenue and Customs Service (HMRC). “We are seeing an increasing number of customers who have had bad experiences with their installations and are now demanding value and quality over cost,” added Jones. “We’re refitting existing systems away from cheap inverter systems to the high-performance Enphase systems that we trust.”
Enphase Energy U.K. Sales Director Simon Baggaley stated, “The U.K. solar market is reaching a pivotal stage of growth where it runs the risk of low-price, low-quality solar systems potentially damaging the industry’s reputation. Partnerships such as the one between Pretty Green Energy and Enphase are critical to ensuring both consumers and enterprise customers continue to have access to the unsurpassed quality that our firms bring to the market.”
According to PGE their 2014 sales pipeline was incredibly successful, and they expect that momentum to carry over into 2015. “Our business model is to incorporate more commercial projects into our 2015 plans while progressively tweaking our core residential business down from 90 percent to 80 percent as we strengthen our position in the commercial rooftop space,” said Jones. “In 2015 our commercial focus will primarily be agricultural sites with a plan to increase our operations in this space from 10 percent to 20 percent.” PGE strongly believes that Enphase products, thanks to their superior performance, ease of design and installation, and intelligent monitoring and management platform will perform as well in this segment as they do in the residential market.
“Pretty Green Energy joins the growing list of installers that recognise the merits of Enphase systems over other competitive solutions,” said Baggaley. “We’re very pleased to be strengthening our partnership with a growing company like PGE that shares our ethos of delivering outstanding products and services.”
Enphase recently received the 2014 Global Frost & Sullivan Award in recognition of the company's Technology Leadership. It cited Enphase as having made considerable progress in achieving the company's vision of providing clean, reliable, and affordable solar energy to both the mainstream commercial and residential sectors through its innovative microinverters. Enphase has shipped over seven million microinverters—representing over 1.4 GW (DC)—into eleven countries worldwide.
About Enphase Energy
Enphase Energy delivers energy management technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high technology approach to solar energy generation. Connect with Enphase on Facebook and follow us on Twitter. http://enphase.com/uk/
About Pretty Green Energy
The company provides a range of solar services including Solar PV installation and management, and Biomass Boilers for commercial and residential properties.
For more information: https://www.prettygreenenergy.uk.com
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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, 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.