We like the microinverter for residential solar panel systems and we respect Enphase’s market leadership. Just as the elevator was synonymous with the lift and Xerox was synonymous with photocopiers, Enphase has become synonymous with microinverters. Most of the residential installations of solar panels we see are with microinverters. As Enphase has extended its warranty, the microinverter has become an integral part of home solar panel systems. All of that is well and good, but we are wondering if Enphase is innovating into obsolescence by treating its microinverters as electronics, fundamentally changing its product every few months. We like the Enphase microinverter, but wish that they would spend less time on innovation and more time on improving its current products.
Posts Tagged ‘Enphase microinverter’
Enphase Energy just released its next generation microinverter. Let’s face it: Enphase is synonymous with microinverters. By continuing to release new solar inverters, Enphase is staying ahead of the competition—which is not insignificant. We have heard of at least twenty, that’s right, twenty other firms that are trying to home in on the microinverter market. They are of course correct, because the first-to-market advantage does not always last. At least today, Enphase seems to be doing everything right, generating over $60 million in sales last year and on target to ship their one millionth product in the coming months. Yesterday the announcement came that Enphase is seeking to raise a cool $100 million in an initial public offering. Money is flowing easily into the microinverter market as Enecsys, probably Enphase’s closest competitor, also raised $41 million in a series B round of financing. Enecsys likes to call its products micro inverters and sometimes micro-inverters. What’s there not to love about a product that converts the electrifying DC to AC right at the panel level (actually plenty according to the big central solar inverter companies, but that is another story). Enphase just released its new generation Enphase M215 microinverter, which we are already carrying at SolarTown. This latest microinverter product from Enphase will change how solar panels will be installed in your home solar system or commercial solar energy system.