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SolarWorld AG and Enphase Energy Entered Strategic Partnership

published: 2014-11-26 13:39

SolarWorld AG and Enphase Energy signed a global strategic partnership agreement last week. The agreement suggests that Enphase Energy will supply microinverter systems for SolarWorld’s custom-engineered system solutions in the U.S. market as well as expand their partnership to Europe.

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, on the other hand, is one of the largest U.S. solar producer. The strategic partnership formalized Enphase as SolarWorld’s supplier of microinverter systems, the partnership will also expand 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.

“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.”

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