Enphase Energy

Enphase Energy offers a micro-inverter system that delivers solar energy to homes and businesses. Enphase Energy brings a system-based, high-tech approach to solar energy, leveraging expertise in semiconductor integration, power electronics, and networking technologies to continually advance the performance, intelligence, and reliability of solar energy systems. Enphase's vision is to make solar simple and energy smart so everyone is empowered to create a zero-energy footprint for themselves, their home, and their business. Their mission is to build the world's finest networked energy system and revolutionize power generation on a global scale - one solar panel, a one-kilowatt hour at a time. Enphase Energy products make solar power systems productive, reliable, smart, and safe, increasing the energy harvest of solar panels by up to 25 percent.

2008: With approximately $6 million in private equity by 2008, Enphase released its first product, the M175, to moderate success.

2010: Enphase quickly grew to 13% marketshare for residential systems by mid-2010, aiming for 20% by year-end.

2011: They shipped their 500,000th inverter in early 2011, and their one millionth in September of the same year.

2012: As of 2012, their inverters captured 53.5% market share for residential installations in the US, which represents 72% of the entire world micro-inverter market.

2013: A 4th generation, the M250, was released in 2013. As of 2013, approximately 20% of their sales is outside North America.

2019: However, in 2019, Enphase remains the leading supplier of solar microinverters globally.

According to Enphase Energy, the company mission is:"to build the world's finest networked energy system and revolutionize power generation on a global scale - one solar panel, a one-kilowatt hour at a time".

As stated in company website, Enphase Energy vision is: “to enable people to make, use, save, sell, and own their power".