Enphase Energy, a global energy technology company and the world’s leading supplier of solar microinverters, announced yesterday the opening of its first R&D center in Bangalore, India to establish a best-in-class technology development center.
India is powering the growth of solar with its ambitious targets for clean energy and is expected to be ranked as the world’s third largest solar market in 2017. Enphase plans to support this rapid growth with the opening of its Bangalore R&D center, where it will also offer employment opportunities for engineering, operations, marketing, sales, and customer support personnel to meet the needs of its customers worldwide.
Badri Kothandaraman, president and CEO of Enphase Energy said:
“I am pleased to announce our first R&D center in India, which is an important part of our overall global strategy. The abundant engineering and technology talent in India not only fits well with Enphase’s core of product innovation, but also helps us in operational excellence to achieve our 30-20-10 financial operating model. We are bullish about the region’s growth potential due to its ever-increasing demand for clean energy, and look forward to working with our customers, partners and module manufacturers to deliver innovative solutions.”
Sunil Thamaran, vice president and managing director of Enphase India said:
“This strategic expansion in India is very exciting for Enphase. We are pleased to be developing a highly skilled team that will span Enphase’s end-to-end operations, supporting both the growing local and worldwide demand for our products, services and customer support.”
India has a mature R&D ecosystem that includes many renewable energy companies with more than 20 years of business in the region. Enphase Microinverters, as promoted through the Company’s Made for India campaign, are designed and proven to operate for decades in harsh climates such as India’s.
Source: Press Release by Enphase Energy. Image Credit: Enphase Energy.