FREMONT, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in North Carolina have seen growing deployments of Enphase Energy Systems™ powered by IQ8™ Microinverters, as local policy encourages lower energy costs, energy independence, and a lower environmental footprint.

According to the most recent U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in North Carolina have been increasing year over year and are forecasted to grow more than 130% over the next five years. Additionally, deployments of residential battery capacity in North Carolina are expected to grow over three-fold by the end of 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie.

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