Enphase Energy Begins Microinverter Shipments from South Carolina with Flex

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced initial shipments of Enphase IQ® Microinverters produced in Columbia, South Carolina by global diversified manufacturer Flex (NASDAQ: FLEX). This marks the first production from one of Enphase Energy’s three contract manufacturing partnerships in the United States, helping to meet the strong global demand for Enphase’s products. The Inflation Reduction Act (IRA) has enabled Enphase Energy to begin manufacturing in the United States, creating new jobs and advancing the country’s clean energy economy.

Enphase Energy and Flex will be hosting a kickoff event on July 6, 2023, at Flex’s manufacturing facility in Columbia, South Carolina. Attendees will include Joe Biden, president of the United States, Revathi Advaithi, CEO of Flex, Badri Kothandaraman, president and CEO of Enphase Energy, national and state government officials, and additional leadership from both Flex and Enphase Energy.

“Enphase shares our commitment to accelerating the world’s transition to clean energy through advanced technology and strategic regional manufacturing,” said Revathi Advaithi, CEO of Flex. “We thank Enphase for their 15-year partnership to deliver their IQ Microinverters to market faster and at scale globally with reliable, sustainable business practices. We also thank President Biden and the U.S. Congress for the Inflation Reduction Act, which has increased interest and demand for clean technology and American manufacturing, as evidenced by today’s announcement with Enphase.”

“We are pleased that President Biden is able to visit our manufacturing operations at Flex’s factory in South Carolina today, and we appreciate his support of U.S. companies investing in domestic manufacturing,” said Badri Kothandaraman, president and CEO of Enphase Energy. “Enphase is proud to be a leader in expanding the domestic manufacturing of clean energy products while bringing high-technology jobs and further economic development to the United States. We thank Flex for its commitment as a valuable partner globally over the past 15 years, and we are pleased to expand our partnership in the United States to better service our customers with local manufacturing."

IQ Microinverters leverage Enphase Energy’s unique software-defined architecture and semiconductor integration for excellent reliability and economies of scale. Enphase Energy’s microinverters are subjected to a rigorous reliability and quality testing regimen with more than one million cumulative hours of power-on testing to ensure exceptional performance under heat, high humidity, salty air, extreme cold, and harsh climate conditions, and come with a 25-year limited warranty in the United States.

Enphase Energy | https://www.enphase.com