Enphase Says Australia Power-Storage Demand Twice Its Forecast

  • Company gets 24,000 commitments this year in Australia, NZ
  • High costs seen as obstacle for emerging battery technology

Enphase Energy Inc. said its partners in Australia and New Zealand, the first markets for its power-storage products, have committed to selling twice as many of its batteries as expected in the face of increasing competition from companies including Tesla Motors Inc.

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