North America is the main market of Enphase Energy, a manufacturer and designer of solar micro-inverters. The business is known as the first company and the market leader to successfully sell micro-inverter on a wide scale.
It was Martin Fornage together with Raghu Belur who formed the business in 2006 as a result of Fornage’s observation of the low performance of the string inverter for the solar array on his ranch. The M175 is their first marketed product that was the result of their $100 million private equity. Their product converts direct current power from the solar panel directly into the grid-compatible alternating current. Though their products have changed in appearance through years of innovation, it has the same internal system minus the difference in the maximum amount of power.
The products of Enphase include a simplified means of installation and design, a platform for intelligent energy management and reduced fire safety risk. These products also increase energy production in the solar industry.