Enphase energy expands its support for virtual power plants across the united states

Fremont, calif., dec. 13, 2023 (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 it is expanding its support for virtual power plants (vpps) through grid services programs across the united states powered by the new iq® battery 5p. grid services help utility companies avoid using electricity from expensive, polluting power plants when electricity demand is high. in return, homeowners can receive hundreds to thousands of dollars from the utilities towards their purchase of an enphase® energy system™ with iq battery 5p or as annual incentive payments.
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