Enphase Energy and MyLight Systems Form Strategic Partnership Focused on Advanced Energy Management
Enphase Energy, Inc. (NASDAQ:ENPH) , today announced a strategic partnership agreement with MyLight Systems, a pioneering company in the solar self-consumption space based in the Rhone-Alpes Region of France. Under the terms of the deal, the Enphase Envoy, the intelligent networking hub of the Enphase System, will be integrated into the MyLight monitoring system and will become the exclusive monitoring technology for the photovoltaic (PV) arrays embedded with MyLight’s advanced energy management solution.
“MyLight Systems has developed a groundbreaking load management solution that optimizes users’ energy production and consumption of solar power,” said Olivier Jacques, managing director, EMEA, Enphase Energy. “Using Enphase technology, the MyLight system provides an efficient renewable energy solution that installers embrace because of its ease of installation and superior performance.”
Solar PV arrays equipped with the Enphase system provide reliable solar energy production data that when coupled to the MyLight System enable smart energy monitoring capabilities that optimizes energy consumption. Through the use of a central control unit and smartplugs (energy management adaptors) installed inside a structure, MyLight’s patented algorithms analyze a user’s electricity consumption patterns and optimizes their energy usage to match their solar energy production profile.
“Enphase Energy has really made solar simpler and smarter, and PV arrays more accessible, opening up new ways for generating electricity locally,” said Ondine Suavet, managing director of MyLight Systems. “On the utilization side, directly consuming the energy produced by one’s own solar solution is the most natural choice for someone producing their own energy. Coupled with the Enphase Microinverter system, MyLight can deliver up to 70-80% autonomy for small businesses, and up to 50% for private individuals. This is an unparalleled value proposition for installers when estimating the financial and environmental benefits of a renewable energy system for their customers.”
Based on a networked cloud-based platform, the Enphase/MyLight system will bring installers a new level of energy management integration for residential and commercial buildings. The turnkey plug-and-play solution is easy to design and install and simplifies operations. Installers can also take advantage of the MyLight ProSizer, a mobile application available on the iPhone and Android platform for rightsizing installations under a self-consumption scheme. The optimized Enphase/MyLight solution will be available to installers through MyLight Systems’ specialized distribution network.
Domuneo, an experienced installer in the renewables sector and pioneer in the energy self-consumption space, sees the value of these joint efforts and promotes the solution as a preferred choice for its customers. The combination allows residential and business system owners to enjoy the cost savings and environmental benefits of solar power while offering unmatched management and control over their energy consumption.
“We’ve been very successful with our consultative sales approach, which emphasizes customer education on energy transition and high-quality products for optimized self-consumption,” said Jacques-Antoine Ferent, co-founder and managing director of Domuneo. “We spend time with our customers to help them understand that the combination of Enphase and MyLight lets them achieve greater energy autonomy and quality, while enhancing a fast return on their solar investment.”
In 2014 Enphase saw robust demand for its market-leading microinverter technology with current and new partners like MyLight Systems reaching the #3 position in residential microinverter marketshare in France according to internal estimates, and shipped 575MW (AC) or 2.6 million microinverters worldwide.
Visit MyLight Systems at EnR (Booth 4J42)
MyLight Systems will be showcasing its smart energy management at EnR – Energies Renouvelables (Booth 4J42) in Lyon, on March 4-6, 2015. Booth visitors will be able to get a first-hand look at the Enphase/MyLight solution and learn its holistic approach to optimized self-consumption and energy self-sufficiency.
About Enphase Energy, Inc.
Enphase Energy delivers microinverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high technology approach to solar energy generation. Connect with Enphase on Facebook and follow us on Twitter. www.enphase.com
About MyLight Systems
MyLight Systems delivers smart energy management solutions to control consumption of electricity and to favor solar self-consumption over grid power. MyLight Systems solution complements traditional solar self-consumption installations and increases its performance to reach up to 50% grid autonomy for residential and 70% for commercial buildings. Connect with MyLight Systems on Facebook and follow us on Twitter.
For more info: http://www.mylight-systems.com/
Enphase Energy(R), the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.
This press release may contain forward-looking statements, including statements related to Enphase Energy’s financial performance, market demands for its products, advantages of its technology and market trends. These forward-looking statements are based on the company’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 these risks and uncertainties and other risks detailed in the “Risk Factors” and elsewhere in Enphase Energy’s latest Securities and Exchange Commission filings and reports. 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.
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