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.



Partners


DIN Engineering Services looks to forge alliance with partners who can contribute towards attainment of our goal of delivering reliable and timely solutions to clients. Our partnership with premiere and reliable companies are one of the vital factors that have contributed towards the success of DIN LLP. We are in partnership with renowned names that are trusted for quality service.



RCMC Share Registry (P) Ltd.

RCMC Share Registry (P) Ltd. was established in the year 1984 as a Registrar and Share Transfer Agent. We are registered with SEBI vide Registration No. INR000000429, as a “Registrar to an Issue and Share Transfer Agent”, in Category I.


Arkadin - Global Conferencing

Started in 2001 as a conferencing specialist, Arkadin helps people build better relationships in a globalised world. Ten years later, we have taken conferencing to the next stage with full remote collaboration through new cloud-based platform and a complete range of products and services.


XOP Networks

XOP is a group of telecom hardened engineers that are determined to build the best Value Added Service Node platform possible. Each one of XOP's team members brings valuable experience gained at companies such as Alcatel, Lucent, DSC Communications, MCI, Ameritec, and several startups. The 'XOP' in the company's name signifies "Everything Over Packets".


WTH

WTH is the market leader in floor and wall heating and cooling systems for both new construction and renovation. For over 40 years WTH has developed, produced and sold quality systems that contribute to low energy consumption and comfort.


LiveOnTheNet

LiveOnTheNet focuses on using Internet technologies to meet consumers' and businesses' exploding demand for digital services and media..


 

 

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