The agreement paves the way for Enphase to enter the electric vehicle charging market and offer two-way or vehicle-to-home and vehicle-to-grid charging applications.
Enphase Energy has agreed to acquire California-based ClipperCreek, which provides electric vehicle (EV) charging solutions for residential and commercial customers in the United States. This decision should allow Enphase to enter the electric vehicle charging market.
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be completed by December 31, 2021.
Enphase said the acquisition:
- Provide its distributors and installers with EV charging solutions for sale alongside existing solar and battery systems
- Facilitate Enphase’s entry into the electric vehicle sector through a legacy brand with existing product offerings
- Accelerate the company’s plan to enable two-way charging capability for vehicle-to-home and vehicle-to-grid applications
- Establish a nationally manufactured footprint for Enphase.
ClipperCreek’s has sold over 110,000 Level 2 AC charging stations since its inception in 2006.
Not only is the electric vehicle charging market expected to grow significantly, with Enphase expecting sales growth of 40% over the next five years, but the market for two-way charging capability for vehicle-to-home applications and vehicle-network is becoming more and more attractive.
In August, Sunverge entered into a strategic partnership with Simply Energy, Nissan Australia and home electric vehicle charging installer Wallbox, to combine Sunverge’s smart energy management platform, two-way vehicle charging stations Home Electric (VE) Wallbox Quasar and Nissan EV’s compact platform LEAF.
As part of the partnership, Sunverge’s real-time distributed energy resource (DER) platform would be extended to monitor both EV charging and EV batteries as energy assets, enabling utilities public to operate the vehicle fleet at home to improve the control of distributed energy resources and -Flexible and dynamic load management over time.
Sunverge, Nissan and Wallbox said they will use the pilot to jointly study V2G’s capabilities, such as frequency regulation and response. For now, the platform is only offered in Australia, but the pilot could pave the way for expansion to other countries.
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