Enphase Energy Teams With NextEnergy To Maximize Solar Savings In The Netherlands

Enphase Energy, Inc. ENPH, a microinverter-based solar and battery system supplier, has partnered with NextEnergy in the Netherlands.

This collaboration allows NextEnergy customers using Enphase solar and battery systems to engage in the Netherlands’ grid imbalance energy market, boosting their return on investment and shortening the system payback period.

Enphase launched its IQ Battery 5P and Energy Management software in the Netherlands, allowing homeowners to optimize energy savings. The new partnership lets IQ Battery owners join NextEnergy’s dynamic tariff program and virtual power plant to help manage grid imbalances and earn compensation.

Enphase solar and battery systems, in partnership with NextEnergy’s advanced programs, use AI optimization to maximize financial returns by directing electricity to homes or the grid.

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“Our innovative solar and battery systems paired with NextEnergy’s revolutionary approach to providing energy offer a win for homeowners, the grid, and all ratepayers across the Netherlands,” commented  Sabbas Daniel, senior vice president of sales at Enphase Energy.

Price Action: ENPH shares traded higher by 4.26% at $74.61 at the last check Monday.

Photo via Shutterstock.