Enphase Powers Up Greece's Solar Market
- Enphase Energy Inc enables Greece to meet its 2 GW solar PV capacity goal with its IQ8 microinverters and batteries, offering subsidies of up to 65% for solar plant installation and 90% for batteries. Take part in the net-metering programme to help balance the grid.
Enphase Energy Inc has entered the Greek photovoltaic (PV) market with its IQ8 microinverters and batteries. This move comes as the country seeks to increase solar-plus-storage capacity, with a government programme offering subsidies for such projects. Enphase's microinverters allow pairing with a range of solar modules up to 560 W DC, while the company is also offering batteries of the IQ series. The government's subsidy scheme covers up to 65% of the solar plant costs and roughly 90% of the costs for the batteries, with installed facilities taking part in a net-metering programme to help balance the grid. Greece has set a goal of deploying 2 GW of residential solar PV capacity by the end of the decade. Enphase aims to meet this demand and help boost the country's power grid.
What Opportunities Does Enphase Offer in Greece's Growing Solar-Plus-Storage Market?
Opportunities Offered by Enphase Energy Inc in Greece's Growing Solar-Plus-Storage Market:
- IQ8 microinverters and batteries to meet the country’s solar-plus-storage capacity needs
- Pairing with solar modules up to 560 W DC
- IQ Series batteries offered
- Subsidy scheme covering up to 65% of solar plant costs, 90% of battery costs
- Net-metering programme to help balance the grid
- Goal to deploy 2 GW of residential solar PV capacity by the end of the decade