FREMONT, Calif., April 4, 2022— Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that it has expanded its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth and demand for residential solar due to rising energy prices and the increased adoption of electric vehicles (EV) and heat pump technology.
The new manufacturing site in Romania enables Enphase Energy to increase global capacity and improve delivery times to its customers in Europe. More clean energy technology like solar and batteries across the continent will provide greater energy security for consumers as the dependence on fossil fuels continues to decline.
“This is a transformational moment for clean energy in Europe and across the globe,” said Badri Kothandaraman, president and CEO of Enphase Energy. “Policymakers are setting ambitious new targets to help accelerate the transition to a more electrified future, and we expect to help meet the growing demand with our leading solar, battery, and EV charging solutions. I want to thank Flex for being such a strong partner in our global manufacturing strategy and supporting our efforts to better serve our customers while maintaining our product quality.”
“Our expanded manufacturing agreement with Enphase is a testament to our mutual commitment to provide high-quality and reliable microinverter-based systems to address Europe’s solar industry needs,” said Revathi Advaithi, CEO at Flex. “We appreciate the trust Enphase has placed in Flex through our nearly 15-year partnership and look forward to quickly ramping in-region advanced manufacturing with sustainable practices.”
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase Energy has shipped more than 42 million microinverters, and approximately 1.9 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.
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