SolarWorld and Enphase sign agreement
SolarWorld AG and Enphase Energy have announced that they have signed a global strategic partnership agreement. Enphase is the world's largest provider of microinverters, devices that convert direct electrical current to alternating current to enable most applications of solar electric power.
SolarWorld has formalized Enphase as its supplier of microinverter systems for SolarWorld's custom-engineered system solutions in the U.S. market as well as expanded this partnership across both companies' worldwide distribution networks "“ in Europe, starting in the United Kingdom. The two companies also have agreed to engage in close collaboration in developing new solar technologies and products.
"SolarWorld and Enphase are known for outstanding quality, performance and long lasting products," said Dr.-Ing. E. h. Frank Asbeck, chief executive officer of SolarWorld AG. "This is a collaboration between industry leaders."
"Enphase has worked closely with SolarWorld for several years, and the companies have built a strong, growing business together in collaboration with SolarWorld's extensive U.S. channels," said Jeff Loebbaka, senior vice president of global sales, marketing and support. "This new agreement promises to open new regional market and product opportunities around the world for both companies."
