The Solar Product Registry Set to Boost Solar Deployment

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced that San Diego Gas & Electric (SDG&E) has approved the IQ Meter Collar for behind-the-meter installations in its service territory. This milestone approval enables installers to deliver more streamlined home backup systems, with quicker installation, to customers in the SDG&E service territory.

The IQ Meter Collar is a key component of the recently launched 4th-generation Enphase battery system, featuring the IQ Battery 10C, IQ Meter Collar, and IQ Combiner 6C. Together, these products reduce complexity and components, and enable faster, more cost-effective solar and battery installations. The IQ Meter Collar delivers microgrid interconnection device (MID) functionality and energy consumption metering in a single enclosure, allowing for whole-home backup without rewiring loads to a backup sub-panel.

SDG&E is now one of dozens of utilities across the United States that have approved the IQ Meter Collar. Pilots are also underway with Pacific Gas and Electric (PG&E) and Southern California Edison (SCE) – California’s two other largest utilities – and full approval is expected soon. Enphase anticipates many additional utility approvals across the United States in the coming months. To review a complete list of utilities that have approved the use of the IQ Meter Collar, please visit the Enphase website.

“The IQ Meter Collar is a big step forward for simplifying energy storage installations,” said Kent Harle, CEO of Stellar Solar, an installer of Enphase products in San Diego. “It eliminates extra components and wiring, which helps us move faster and keeps jobs more cost-effective.”

“We’re excited to now offer the IQ Meter Collar to homeowners in the SDG&E territory,” said Ramon Brizo, technical and sales specialist at Sunlight Solar Inc., an installer of Enphase products in San Diego. “Not needing to rewire circuits into a backup sub-panel saves us time and lets us serve more customers more efficiently.”

"The IQ Meter Collar simplifies the design and installation of Enphase systems, while providing the customer with significant cost savings and out-of-the box backup capabilities,” said Erik Sattler, CEO of Sattler Solar, an installer of Enphase products in San Diego. “There’s no longer a need to decide if backup is worth it or what loads to backup. That kind of flexibility makes a real difference in the field.”

"The new IQ Meter Collar allows for seamless battery integration with whole home backup, while at the same time reducing the amount of equipment and conduit required during install,” Joshua Craig, solar operations manager at Sungenia Solar Solutions. “When you couple that with Enphase's reputation as a leader in our industry, it's clear to see that this is a big win for both the homeowner and installer."

“With approval from SDG&E, we’re enabling faster, simpler, and more cost-effective battery installations for California homeowners,” said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. “The IQ Meter Collar is a key part of what makes our 4th-generation battery system so streamlined, and we’re working closely with utilities across the country to bring those benefits to more markets.”

The 4th-generation Enphase battery system, including the IQ Battery 10C, IQ Meter Collar, and IQ Combiner 6C, is now backed by a 15-year Enphase limited warranty. Shipments for this 4th-generation system began last month and orders can be placed through Enphase distribution partners.

Enphase Energy | https://enphase.com/

A new analysis by The Brattle Group found that Sunrun’s (Nasdaq: RUN) fleet of home batteries across California was the largest contributor to a historic distributed power plant dispatch event that delivered an average of 535 megawatts to the grid—enough to power more than half of the city of San Francisco.

Multiple distributed power plant aggregators, of which Sunrun is the largest, discharged home batteries in coordination with the California Energy Commission, the California Independent System Operator, and local utilities during a scheduled test event between 7 and 9 p.m. on Tuesday, July 29. The goal of the event was to prepare for anticipated need-based dispatches during heat waves in August and September.

The Brattle Group found that the output from more than 100,000 residential batteries resulted in “a visible reduction in net load” across the statewide grid when output typically is most valuable to the system.

“Performance was consistent across the event, without major fluctuations or any attrition,” said Ryan Hledik, Principal at The Brattle Group. “Events like these demonstrate to system operators that residential batteries provide dependable, planning-grade performance at scale.”

“Residential batteries—and other sources of distributed flexibility—can serve CAISO’s net peak, reduce the need to invest in new generation capacity, and relieve strain on the system associated with the evening load ramp,” Hledik said.

Sunrun’s home batteries supplied more than two-thirds of the total energy dispatched during the event—averaging more than 360 megawatts over the two hours—and have the capability to deliver this critical energy every day. Sunrun’s batteries acted in the same way as a traditional power plant and decisively knocked down the state’s evening peak demand for electricity.

“This customer-led solution is a win-win for households and the grid,” said Sunrun CEO Mary Powell. “Distributed home batteries are a powerful and flexible resource that reliably delivers power to the grid at a moment's notice, benefiting all households by preventing blackouts, alleviating peak demand, and reducing extreme price spikes."

This is the second time this summer that Sunrun’s fleet of home batteries helped reduce California’s peak energy demand. On June 24, Sunrun’s statewide distributed power plant dispatched 325 megawatts of peak power from 7 to 9 p.m. Participating Sunrun customers are compensated up to $150 per battery per dispatching season, and Sunrun is paid for dispatching the batteries.

See The Brattle Group’s full analysis here.

Sunrun I www.sunrun.com

Affordable Wire Management (AWM), a leading provider of utility-scale solar Cable Management Systems (CMS) and wire management solutions for Battery Energy Storage Systems (BESS), announced the company’s involvement in two projects developed by EDP Renewables North America (EDPR NA)– Ragsdale Solar Park and Wolf Run Solar Park.

AWM supplied the CMS for both the 100-Megawatt (MW) Ragsdale Solar Park in Mississippi and the 140 MW Wolf Run Solar site in Illinois. In addition to its CMS, AWM’s Bonsai Module Cable Hanger and SUMAC Rail were also installed at both projects. Engineered for durability, simplified installation, and long-term reliability, AWM’s industry leading solutions ensure site safety and optimal energy yield. To further enhance project efficiency, AWM’s proprietary Ampacity Optimization Analysis was leveraged to improve site design, accelerate construction, and reduce costs. 

“We are pleased to see the value that our CMS brings to partners like EDP Renewables North America and their customers,” said Scott Rand, CEO and Co-Founder of AWM. “Our innovative solutions play an important role in supporting projects that not only deliver environmental and economic benefits to communities, but also advance the adoption of clean energy at scale. AWM is proud to be a trusted partner on these important projects.” 

Affordable Wire Management | https://affordablewm.com/

EDPR NA | https://www.edp.com/en/north-america/na

Media Contact:                                                 

Ellen Backus for AWM PR                          

[email protected] 
Phone +1 (612) 616-2991                          

Arevon Energy, Inc., a leading American energy developer, owner, and operator, commemorated construction proceedings at a milestone celebration event for its Nighthawk Energy Storage Project in Poway, California. The 300 megawatt (MW)/1,200 megawatt-hour project will be able to power up to 385,000 homes during the peak electricity demand periods for four hours each day.

Arevon developed and will own and operate the $600 million Nighthawk Energy Storage Project. Over the life of the project, Nighthawk is expected to disburse more than $30 million in local government payments to the county and surrounding area, which can support infrastructure improvements, schools, and public services. The city of Poway will receive an estimated $12 million of this total. California-headquartered Rosendin is building the project on behalf of Arevon, which is anticipated to employ more than 130 workers during the height of construction and will result in an increase in economic activity in the area, especially at local stores, restaurants, and hotels.

In 2021, Arevon signed a long-term contract under which Nighthawk will provide energy and resource adequacy to Pacific Gas and Electric Company (PG&E). The project will connect to the grid at the Sycamore Canyon Substation located on the Marine Corps Air Station (MCAS) Miramar, which distributes energy to the greater San Diego area. 

Utility-scale battery systems allow electricity to be stored during low demand periods and then efficiently discharged onto the grid — responding quickly at high demand and vital periods, with projects strategically located on the transmission system to reduce the risk of brownouts and blackouts. Nighthawk Energy Storage will feature modern lithium iron phosphate batteries which are the safest technology on the market. Arevon’s number one priority is the safety of those who live and work in its project areas, and the company is proud to have safely operated its energy storage facilities in U.S. communities since 2021.

“What sets the Nighthawk Energy Storage Project apart is Arevon’s years of experience and proven track record in successfully developing safe, reliable renewable energy and battery storage projects in California and throughout the United States as well as the project’s design, which includes added safety measures and will comprise the safest and most advanced batteries on the market today. In addition, Arevon has partnered with the Poway Fire Department, who is committed to protecting the community, first responders, and the facility in the unlikely event an incident occurs,” said Kevin Smith, Chief Executive Officer at Arevon. “Battery storage is the way of the future, and Arevon is pleased to bring this essential energy solution to Poway, where we are committed to being a great community partner through the project’s multi-decade life.”

As the long-term owner of the Nighthawk Energy Storage Project, Arevon is committed to supporting the local community and its worthy initiatives and has engaged with the following organizations: 

·       City of Poway, establishment of a $2 million community fund which will be utilized by the City for its choice of public or community project(s)

·       Scripps Ranch Civic Association, going toward the community advocacy organization’s public safety programs, community events, and their bid for 501(c)(3) status

·       Rancho Family YMCA, support of programs focused on youth development, healthy living, and social responsibility

·       Deputy Sheriffs’ Association of San Diego County, sponsor of the Police Softball Western Regional Championship Benefit Event and the annual Softball World Series Game

·       Poway Chamber of Commerce, member of the organization and backer of the 2024 Poway Fall Festival and 2025 Business Star Awards

·       North County Special Needs Foundation, sponsor of the 10th annual Heroes Softball Game with Poway firefighters and Special Olympic softball players in support of individuals with special needs

·       Climate Action Campaign, sponsor of the 2024 Nexus Climate Summit 

• Cleantech San Diego, member of the business association, a nonprofit that supports the cleantech economy

Arevon is a nationwide renewable energy developer and a leader in California with more than 3.2 gigawatts in operation and more than 800 MW under construction in the state. The company recently issued other announcements celebrating achievements at several of its California projects, including the start of operations at its Peregrine Energy Storage Project, its Eland 1 Solar-plus-Storage Project, its Vikings Solar-plus-Storage Project, and its Condor Energy Storage Project. Arevon also announced offtake agreements for its Cormorant Energy Storage Project and its Avocet Energy Storage Project and closed financing on its Eland 2 Solar-plus-Storage Project. Condor Energy Storage in Grand Terrace received the North America Storage Deal of the Year Award, and Vikings Solar-plus-Storage in Imperial County was the recipient of IJGlobal’s Renewables Deal of the Year – Energy Storage Award.

Arevon | arevonenergy.com

Wright Energy Storage Technologies (WEST) announced a strategic partnership with Hystream Yachts, a luxury marine company redefining ocean cruising through clean innovation. Hystream Yachts has integrated WEST’s non-chemical, supercapacitor-based energy storage modules into its next-generation electric yachts, ushering in a new chapter of cleaner, quieter, and safer sea travel. 

Hystream Yachts offers seamless electric propulsion, onboard hydrogen generation, and zero-emissions for long-distance cruising. By integrating WEST’s energy storage solution  into its onboard electric systems, Hystream Yachts is eliminating reliance on hazardous lithium-ion batteries, introducing a safer and smarter solution to its marine customers. The partnership expands the possibilities of sustainable yachting through reliable, fast-charging energy storage built for the demands of open water. 

“We are extremely excited to be providing energy storage solutions in the marine space in partnership with Hystream Yachts. WEST’s energy storage products are well-suited to the stringent requirements of an industry that is especially sensitive to safety requirements.” Chip Seibert, CEO, WEST

Unlike conventional electrochemical batteries that carry a fire risk and degrade in harsh marine environments, WEST’s electrostatic modules offer unmatched durability and safety. With reliable performance even in extreme temperatures and requiring virtually no maintenance, WEST’s technology is ideally suited for marine propulsion and onboard energy systems. 

“At Hystream Yachts, we’re proud to partner with WEST to integrate their advanced supercapacitor energy storage systems into our hydrogen-electric catamarans. Seamlessly integrated with our advanced energy management systems, WEST’s technology raises the bar for safety, efficiency, and sustainable luxury for our customers.” Chris Crane, CEO & Co-Founder, Hystream Yachts

These benefits are backed by an industry-leading product warranty, ensuring long-term performance and reliability - voyage after voyage.

WEST | https://wrightenergystorage.com/

Hystream | https://www.hystreamyachts.com/

nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, announced strong financial results for the second quarter of 2025 and provided guidance for the third quarter and full-year 2025. The second quarter performance included strong double-digit growth in orders and sales, more than a four-fold increase in backlog, growth in all key geographic regions and strong contribution from new products year-over-year.

“Our portfolio transformation to become a more focused, higher growth electrical connection and protection leader is delivering results and accelerating our growth. We had an outstanding quarter, and I am very proud of the many accomplishments by our team,” said nVent Chair and Chief Executive Officer Beth Wozniak.

“The Trachte and Electrical Products Group acquisitions performed better than expected, further strengthening our position in the high growth infrastructure vertical, including power utilities, data centers and renewables. Our teams are doing outstanding work executing on our integration playbook and accelerating our growth synergies. We are raising our full-year sales and updating our EPS guidance to reflect our terrific second quarter performance and our increasing momentum in data centers and power utilities.”

Reported sales in the second quarter totaled $963 million. This performance represents an increase of 30 percent. Organically, sales grew 9 percent, which excludes the impact from acquisitions and currency fluctuations.

Second quarter 2025 earnings per diluted share (“EPS”) from continuing operations were $0.65, up 18 percent, while on an adjusted basis, the company had EPS from continuing operations of $0.86, up 28 percent. Adjusted EPS, adjusted operating income, adjusted net income and free cash flow are non-GAAP financial measures described in the attached Non-GAAP Financial Measures section of this press release.

Second quarter 2025 operating income was $157 million, up 8 percent, compared to $145 million in the second quarter of 2024. Adjusted operating income was $200 million, up 18 percent, compared to $169 million in the second quarter of 2024.

nVent had net cash provided by operating activities of continuing operations of $91 million in the second quarter compared to $117 million in the second quarter of 2024. Free cash flow generated was $74 million in the second quarter compared to $101 million in the second quarter of 2024.

GUIDANCE FOR FULL-YEAR AND THIRD QUARTER 2025

The company now estimates reported sales growth for full-year 2025 of 24 to 26 percent versus prior guidance of 19 to 21 percent. This new guidance range represents 8 to 10 percent organic sales growth versus prior guidance of 5 to 7 percent. The company now expects full-year 2025 EPS of $2.48 to $2.56 on a GAAP basis and adjusted EPS of $3.22 to $3.30, versus prior guidance of $2.48 to $2.58 on a GAAP basis and adjusted EPS of $3.03 to $3.13.

The company estimates third quarter 2025 reported sales growth of 27 to 29 percent and organic sales growth of 11 to 13 percent. The company estimates third quarter 2025 EPS on a GAAP basis of $0.67 to $0.69 and adjusted EPS of $0.86 to $0.88.

DIVIDENDS

nVent previously announced on May 16, 2025 that its Board of Directors approved a regular cash dividend of $0.20 per share, payable during the third quarter on August 1, 2025.

EARNINGS CONFERENCE CALL

nVent’s management team will discuss the company’s second quarter performance on a conference call with analysts and investors at 9:00 a.m. ET today. A live audio webcast of the conference call and materials will be available through the “Investor Relations” section of the company’s website (http://investors.nvent.com). To participate, please dial 1-833-630-1071 or 1-412-317-1832 approximately ten minutes before the 9:00 a.m. ET start.

A replay of the conference call will be made accessible once it becomes available and will remain accessible through August 15, 2025 by dialing 1-877-344-7529 or 1-412-317-0088, along with the access code 1818589.

nVent Electric | https://www.nvent.com/en-us/

Peak Energy, a U.S.-based company developing low-cost, giga-scale energy storage technology for the grid, announced the launch and shipment of its sodium-ion battery energy storage system (ESS) that delivers a patent-pending passive cooling design to dramatically reduce lifetime energy costs. With this milestone, Peak Energy removes the components implicated in the vast majority of battery storage system fires analyzed by independent third party reports. Cost-competitive with state of the industry products while offering dramatically lower operating and maintenance costs, Peak Energy's product is the first ever fully passive megawatt-hour scale battery storage system, the largest sodium-ion phosphate pyrophosphate (NFPP) battery system in the world, and the first grid-scale sodium-ion storage solution ever deployed to the U.S. electric grid. Deploying the system in a shared pilot with nine leading utility and independent power producer (IPP) customers this summer, Peak Energy is fast-tracking its promise to onshore battery manufacturing.

With a design that eliminates all moving parts, including active cooling and ventilation components, Peak Energy's NFPP grid storage battery architecture completely eliminates the most common failure modes in typical battery storage systems, dramatically increasing reliability and reducing operating and maintenance costs. Peak Energy's NFPP grid storage system marks a landmark shift in America's burgeoning energy storage business by capitalizing on the advantages of sodium-ion batteries to build a more reliable and lower-cost solution. Sodium-ion is poised to win the storage market as its chemistry allows operations at a wide range of hot and cold temperatures without requiring auxiliary cooling systems. This innovation is a first-of-its-kind development in grid-scale energy storage as incumbent lithium-ion technologies require active cooling and ventilation systems to preserve cell life and prevent fires. Passive cooling allows Peak Energy to offer massive lifetime cost-savings compared to current market-leading systems by eliminating several of the most-likely-to-break components in today's grid storage products.

Peak's grid-scale battery storage solution arrives at a decisive moment for the evolution of the American energy industry. Recent changes to federal policies have elevated the urgency to develop domestic energy supply chains and manufacturing capabilities. These policy forces, coupled with skyrocketing energy demand in the U.S., are proving battery storage to be essential for improving grid resilience and reducing energy costs. Incumbent solutions are complex, pose significant fire risks, and are more costly to build, operate, and maintain for grid applications. In addition to its performance benefits, sodium-ion presents the United States' best opportunity to lead in battery chemistries due to the country's natural advantage in raw materials. The United States holds the world's largest reserves of soda ash, the mineral precursor to sodium-ion, and the full raw material supply chain for sodium-ion can be sourced domestically or from allied nations.

"We see energy storage not only as an economic imperative, but also as a national security priority. Time is of the essence if the U.S. wants to take ownership and maintain control of its energy future," said Landon Mossburg, CEO and Co-Founder at Peak Energy. "We are committed to onshoring the manufacturing of this critical industry, and this launch proves our ability to execute quickly on our vision to establish the U.S. as a global leader in battery manufacturing."

Peak Energy has conducted extensive performance testing of its ESS, where the results indicate record-level cost-savings and reliability for the industry. This includes:

• At least $1 million in annual operational cost savings per gigawatt hour installed, representing up to 90% reduction in auxiliary power use
• Approximately 20% in lifetime cost savings vs. LFP in an average deployment
• 33% reduction in battery degradation over a 20-year project lifespan

"This isn't just another product launch – it's a breakthrough in energy storage," said Paul Durkee, VP of Engineering at Peak Energy. "We've taken a very stable chemistry and invested its benefits back into our passive cooling architecture. The system is dead-simple with no moving parts, no planned maintenance and negligible aux loads. It's the lowest total-cost grid storage technology to be deployed anywhere in the world. I'm incredibly proud of the creativity and grit our team has shown in bringing our vision to life."

Peak Energy's pilot marks a significant first step in commercializing sodium-ion battery storage in the United States and unlocks nearly 1GWh of future commercial contracts currently under negotiation. Following the pilot, Peak Energy will deploy several hundred megawatt hours of commercial-scale storage products to serve multiple IPP and hyperscaler partners over the next two years, with further announcements anticipated this fall. Peak Energy is on track to fulfill its commitment to develop grid scale battery supply chains, with its first U.S. cell factory under development and planned to start production in 2026. This news comes just one year after Peak raised its $55M Series A and less than two years since launching from stealth in 2023.

Peak Energy | www.peakenergy.com