Enphase Energy Completes Acquisition of the Solar Design Services Business of DIN Engineering Services. Read More

Solar Design Services of DIN Engineering Services acquired by Enphase Energy.



Management


Mr. Naresh Chander Gupta

Director

Mr. Naresh Chander Gupta is the Founding Director and Chairman of the Board of Directors of DIN Engineering Services. He has over 35 years of experience in setting up and managing successful businesses in the domains of Financial Services & IT enabled services. A Post Graduate in Sciences from Delhi University, he has been amongst the earliest adopters of IT & Technology in businesses in India. He currently looks after the entire financial management of the various group companies. He has a very strong background in operations and process management and has helped deploy very strong business practices across the organization.


Mr. Pankaj Gupta

Director

Mr. Pankaj Gupta is one of the founding Directors of DIN Engineering Services. He is an IT professional with over 10 years of experience in establishing and managing businesses in the domain of IT & Telecom. He holds a business degree in Finance from the University of Delhi. Pankaj is involved in DIN Engineering Services at the strategic levels in planning and implementing new ventures and projects for the company.

Pankaj has been instrumental in setting up various multimillion dollar Internet ventures for clients and partners in the US and Europe over the last few years. Pankaj currently heads the group's telecom venture in India - Arkadin ConferIndia which is a JV with Arkadin SAS, A global telecom services company with revenues of over $100 million. He also oversees the web application design and development business for the group under Dimension Interactive label which supports all our group companies in their web & IT needs.

Pankaj has been instrumental in identifying and developing right business opportunities into successful businesses for the group. He also works extensively in hiring, developing managers for the organization who have over the years become key to the growth of the group into a diverse yet professionally managed organization.


Mr. Anuj Gupta

Director

Mr. Anuj Gupta is the CEO & Director at DIN Engineering Services and has been associated with the company since its start. He is an IT professional with over 10 years of experience. He holds a honors degree in commerce from Delhi University and has completed Masters in Computer Applications from IMT, Ghaziabad.

He has a keen sense for opportunities and has over the years established new business verticals within the company. He has traveled globally and his expertise lies in customer acquisition and operations management. He possesses strong management skills that promotes creativity, openness and superior culture in the company. By acquiring new customers, streamlining operations and ensuring that each business vertical is one of the best in its class, Anuj continues to drive the business growth at DIN LLP.


 

Solar Design Services of DIN Engineering Services acquired by Enphase Energy Click here

 

Enphase Energy Completes Acquisition of the Solar Design Services Business of DIN Engineering Services. Read More

 

FREMONT, Calif., April 1, 2021 — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that it has completed the previously announced acquisition of the Solar Design Services business of DIN Engineering Services LLP. Based in Noida, India, the business is a leading provider of outsourced proposal drawings and permit plan sets for residential solar installers in North America. Key benefits and highlights of the acquisition include:

“We are excited about the opportunity to add significant capabilities to our digital platform through this acquisition,” said Badri Kothandaraman, president and CEO of Enphase Energy. “By offering high quality services to installers, we aim to simplify the sales and installation process, while helping to reduce soft costs and providing an enhanced buying experience for homeowners.”

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 32 million microinverters, and approximately 1.4 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

Enphase Energy, Enphase, the E logo, Enlighten, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

About DIN Engineering Services LLP

DIN Engineering Services LLP, based in Noida, India, is a leader in solar engineering design services. The company offers world-class, multi-discipline, and multi-platform engineering design and drawing services covering end-to-end in BIM, CAD, GIS, and staff augmentation to its global clientele. The Solar Design Services business provides outsourced proposal drawings and permit packages for residential installers with a rapid turnaround time and around the clock operations. For more information, visit https://www.dinllp.com and follow the company on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements (such as statements in the future tense and statements including “anticipate,” “believe,” “enhance,” “expect,” and similar terms and concepts), including statements related to the expected benefits of the transaction, the expected capabilities and performance of Enphase Energy’s and the Solar Design Services business’s technology and products, including operational and costs improvements for solar installers; our business strategy, including expansion and the market adoption of our products; and the anticipated homeowner and installer experiences in the quoting, sales and installation process. These forward-looking statements are based on Enphase's current expectations and inherently involve significant risks and uncertainties, including, but not limited to, the risk that the transactions are terminated prior to closing or the related transactions do not otherwise close (or close on terms different than what has been agreed as of the date hereof), and the parties' failure or inability to perform their respective obligations under the related transaction agreements. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties, including those risks described in more detail in Enphase's most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC's website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

 

Enphase Contact:

Adam Hinckley
Enphase Energy, Inc.
Investor Relations
ir@enphaseenergy.com
+1-707-763-4784, x. 7354