ENPHASE ENERGY, INC. FREMONT, Calif., Sept. 25, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced it hosted a Made in Mexico event yesterday at the Flex manufacturing facility in Guadalajara, Mexico. The Company was honored to welcome Christopher Landau, the U.S. Ambassador to Mexico, to the event as he received a facility tour and overview of Enphase’s investment in Mexico.
In September 2018, Enphase announced the expansion of the Company’s manufacturing partnership with Flex Mexico to better serve its customers while maintaining its core competency in product quality. Starting in July 2019, Enphase began shipping its IQ 7™ microinverters from Mexico into the U.S. markets, helping the Company to improve customer delivery times, increase global capacity and mitigate tariffs.
As a result of its commitment to manufacture in Mexico, Enphase has invested in equipment and manufacturing capacity, which has enabled Flex Mexico to hire more than 650 direct employees. At the Made in Mexico event, Enphase showcased its manufacturing line at Flex Mexico, and reiterated its expectation to produce more than one million Enphase microinverters by the fourth quarter of 2020.
"U.S. companies like Enphase are a testament to the great benefits that arise when our two nations work together," said Christopher Landau, U.S. Ambassador to Mexico. While at the event, Ambassador Landau expressed that U.S. manufacturing operations in Mexico have benefits on both sides of the border, and cited Guadalajara as an example of a city in Mexico that has solid growth potential in the technology sector.
Enphase entered Mexico’s solar market in 2010. In May 2020, the Company started shipping its products manufactured in Mexico to customers in Mexico, who are benefitting from Enphase’s best-in-class technology and reduced shipping times.
"To ensure our customers have had access to high quality clean energy for more than 25 years, we only partner with proven and highly vetted manufacturers,” said Jonah Greenberger, CEO of Bright in Mexico. “Enphase has been a critical part of our strategy since 2014, and thousands of installed systems later, we continue to be very pleased with Enphase products.”
“Enphase has been a key supplier of Solares since 2010, when we decided to buy its superior technology products,” said Arsenio Fernandez, CEO of Solares in Mexico. ”We have purchased more than six generations of Enphase products, and we believe it is one of the most trustworthy companies doing business in Mexico.”
“We are pleased that Ambassador Landau took time out of his busy schedule to visit the Flex Mexico facility, and we appreciate his support of U.S. companies investing in Mexico,” said Badri Kothandaraman, president and CEO of Enphase Energy. “We would also like to thank Flex for being such a strong partner as we expect to continue to increase our manufacturing capacity in Mexico and support our customers in the region.”
For more information about Enphase in Mexico, please visit the website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 28 million microinverters, and over 1.2 million Enphase systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.
Enphase, IQ 7, the Enphase logo, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.
Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, manufacturing operations, and the quality of products and services provided by its partners. These forward-looking statements are based on Enphase's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties, including those risks described in more detail in Enphase's most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC's website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
Enphase Contact:
Santiago Desentis
Director, Latin America
sdesentis@enphaseenergy.com
Telephone: +521 55.5100.1255
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f3a047f3-6156-4874-a9ef-d05fa19e0ca9
Christopher Landau, U.S. Ambassador to Mexico and Santiago Desentis, Director of Latin America for Enphase Energy
