APAC remains Enphase Energy’s hotspot, makes Indian market entry

Share

While facing difficulties in achieving profitability on a global level, the Asia-Pacific region continues to be an area of growth for microinverter supplier Enphase. The company has struggled for competitiveness in recent years, and has faced strong competition on its home turf, particularly from rival SolarEdge in the U.S. residential market.

However, Australia and now India is providing opportunities for the company, with Enphase pointing to its technology being well suited to markets driven by Power Purchase Agreements (PPAs).

“We are seeing a solid uptake of Enphase technology in India,” said Nathan Dunn, managing director of Enphase Asia-Pacific. “Enphase thrives in PPA-driven markets due to our unmatched reliability, as well as leading intelligence and control capabilities for commercial and industrial asset managers.”

Enphase also points to advantages in supplying challenging C&I or residential rooftops.

The 1 MW Indian project was developed by RenXSol Ecotech and will supply the food processing facility’s cold storage, packaging, backing and pickling facilities.

“The Enphase Microinverter System’s resilience to shading and panel mismatch, its robust design, reliability, and remote diagnostic capabilities makes it perfect for this complex rooftop, and perfect for India in general,” said Srinivas Kumar, founder and CEO at RenXSol Ecotech.

Enphase will be exhibiting at Intersolar India this week alongside module producer Waaree Energies. Enphase has also opened an R&D facility in Bangalore.

One of Enphase Energy’s founders and long-time CEO Paul Nahi stepped down in August.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.