Petaluma solar company Enphase Energy has been recognized as a 2013 Technology Pioneer by the World Economic Forum and will be honored at the forum’s annual meeting in China next month.
Enphase, known for its solar inverter technology that makes solar panels more efficient, is one of 23 tech companies being recognized by the forum for innovation and leadership in the areas of information technology, telecommunications, life sciences and health, and energy and environment.
“We’ve seen the rapid adoption of our microinverter technology since we began shipments over four years ago, and it is used in over 44,000 solar energy systems across the globe,” said Paul Nahi, CEO of Enphase Energy, in a prepared statement.
“Every system using Enphase generates more clean energy and therefore greater environmental benefits for anyone looking to take control of their energy costs and footprint. We are truly honored to be recognized for our accomplishments by the World Economic Forum and to join the prestigious ranks of the Technology Pioneers.”
Each year, the World Economic Forum chooses 23-35 new Technology Pioneers from hundreds of applicants. A selection committee, comprised of top technology and innovation experts, academics and venture capitalists, reviews all applications before making its recommendation to the World Economic Forum. Technology Pioneers are chosen based on their innovation, potential impact, growth and sustainability, proof of concept and leadership.
The Microinverter System brings a new approach to managing solar power that makes solar systems smarter and more efficient. Each microinverter integrates with advanced networking technology and Enlighten, Enphase’s web-based monitoring software, to allow system owners to visualize their solar array’s clean energy production via the Internet.
To date, the Enlighten community has generated over 440 GW hours of solar energy, offsetting over 300,000 tons of CO2. This is equivalent to powering over 41,775 U.S. households and saving 26,354 acres of forest.