Enphase Energy completes EV charging company ClipperCreek

Enphase Energy

Enphase Energy, a leading company in supplying micro inverter-based solar and battery systems, announced this Tuesday it completed the acquisition of ClipperCreek. This company is a California-based electric vehicle charging stations supplier and a true pioneer in its field.

Firstly, the company announced the acquisition previously; however, the completion came just about this Tuesday. It intends to provide Enphase’s distributors and installers globally with EV charging solutions that they could sell alongside solar and battery systems.

Moreover, it would also launch Enphase into the rapidly growing EV sector with a respected brand and industry-leading products. It would also accelerate the Enphase roadmap to enable the bi-directional charging capability for vehicle-to-home; and vehicle-to-grid applications.

Furthermore, it would establish a domestic manufacturing footprint for Enphase; which would be a broader driver for the growth of the US market. Badri Kothandaraman, CEO, said about the matter. “We are pleased to close the acquisition of Clipper Creek and welcome their customers and employees to Enphase.”

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Enphase completed the acquisition of 365 Pronto Inc.

He also remarked. “EV adoption is quickly gaining momentum with sales expected to grow more than 40% annually in the U.S. over the next five years. We look forward to working with the talented team from ClipperCreek to develop smart EV charging solutions and integrating them into our home energy systems.”

On the other hand, the acquisition of ClipperCreek comes just after the acquisition of 365 Pronto Inc; an Arizona-based technology company that is reinventing cleantech services through its trademark software.

In fact, Enphase completed the acquisition in December 2021. The transaction will provide Enphase’s installers the opportunity to serve their own operations and maintenance contracts via the 365 Pronto software platform. It will also allow Enphase’s installers access to a nationwide qualified supplemental labor pool that can perform service calls at a time of severe labor shortages within the industry.

Finally, it will increase the service level for current 365 Pronto customers; with the addition of the highly skilled network of Enphase installers. Finally, homeowners buying and owning solar, battery storage, and EV charging stations will have a better experience in their services; reduced wait times for maintenance services and overall efficiency in this matter would be the main benefit.

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