ASE Americas to introduce the 300 W SunSine panel. Design of, what would today be recognized as a "true" microinverter, traces its history to late 1980s work by Werner Kleinkauf at the ISET (Institut für Solare Energieversorgungstechnik), now Fraunhofer Institute for Wind Energy and Energy System Technology. These designs were based on modern high-frequency switching power supply technology, which is much more efficient. His work on "module integrated converters" was highly influential, especially in Europe. In 1993 Mastervolt introduced their first grid-tie inverter, the Sunmaster 130S, based on a collaborative effort between Shell Solar, Ecofys and ECN. The 130 was designed to mount directly to the back of the panel, connecting both AC and DC lines with compression fittings. In 2000, the 130 was replaced by the Soladin 120, a microinverter in the form of an AC adapter that allows panels to be connected simply by plugging them into any wall socket. In 1995, OKE-Services designed a new high-frequency version with improved efficiency, which was introduced commercially as the OK4-100 in 1995 by NKF Kabel, and re-branded for US sales as the Trace Microsine. A new version, the OK4All, improved efficiency and had wider operating ranges. In spite of this promising start, by 2003 most of these projects had ended. Ascension Technology was purchased by Applied Power Corporation, a large integrator. APC was in turn purchased by Schott in 2002, and SunSine production was canceled in favor of Schott's existing designs. NKF ended production of the OK4 series in 2003 when a subsidy program ended. Mastervolt has moved on to a line of "mini-inverters" combining the ease-of-use of the 120 in a system designed to support up to 600 W of panels. Enphase In the aftermath of the 2001 Telecoms crash, Martin Fornage of Cerent Corporation was looking for new projects. When he saw the low performance of the string inverter for the solar array on his ranch, he found the project he was looking for. In 2006 he formed Enphase Energy with another Cerent engineer, Raghu Belur, and they spent the next year applying their telecommunications design expertise to the inverter problem. Released in 2008, the Enphase M175 model was the first commercially successful microinverter. A successor, the M190, was introduced in 2009, and the latest model, the M215, in 2011. Backed by $100 million in private equity, Enphase quickly grew to 13% marketshare by mid-2010, aiming for 20%