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Enphase Energy - ENPH STOCK NEWS

Welcome to our dedicated page for Enphase Energy news (Ticker: ENPH), a resource for investors and traders seeking the latest updates and insights on Enphase Energy stock.

Enphase Energy, Inc. (NASDAQ: ENPH) is a leading global energy technology company based in Fremont, CA, specializing in microinverter-based solar and battery systems. The company’s primary focus is on delivering integrated solutions that manage solar power generation, storage, and communication on a single platform.

Enphase’s core technology is its microinverter, designed to maximize energy production and ensure reliable, safe solar power systems. The latest IQ8™ Microinverters, including the powerful IQ8P, support high-powered solar modules, enabling increased energy harvesting by up to 25%. These microinverters enhance energy efficiency by converting DC power to AC at the panel level, thereby increasing the overall energy harvest.

Enphase has revolutionized the solar industry with its innovative approach, shipping over 73 million microinverters and deploying approximately 4 million systems globally. The company’s all-in-one solar, battery, and software solutions offer homeowners and businesses a user-friendly way to harness, manage, and optimize solar energy. Enphase’s IQ Battery 5P, for instance, provides modular energy storage options that range from 5 to 80 kWh, offering a high-performance, reliable solution for backup and self-consumption.

The company’s Enphase® Energy System™ integrates with the IQ® Gateway, enabling over-the-air updates and connectivity to the Enphase® App monitoring platform. This allows users to monitor performance and intelligently manage their energy systems, ensuring optimal efficiency and reliability.

Enphase Energy has established numerous strategic partnerships, including collaborations with major players like Octopus Energy, to enhance the value and accessibility of solar technology. These partnerships facilitate dynamic energy management and virtual power plants, providing customers with smart tariffs and reduced energy costs.

Expanding its global footprint, Enphase’s products and solutions are available in over 150 countries, with significant market presence in the United States, Southeast Asia, Europe, and more. The company continues to innovate with upcoming software upgrades designed to support grid-tied batteries and optimize solar systems under new regulatory frameworks like California’s NEM 3.0.

Enphase is committed to driving the future of clean, resilient energy through continuous innovation, industry-leading safety standards, and exceptional customer support. For more information, visit the Enphase website and explore how Enphase Energy is making solar power smarter and more accessible for everyone.

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Enphase Energy (NASDAQ: ENPH) has launched an expanded version of its IQ Battery 5P solution for new home projects in California, supporting both single-phase 120/208V and split-phase 120/240V configurations. The battery system is fully compliant with California Title 24 requirements and helps builders meet NEM 3.0 standards.

The modular system starts at 5 kWh capacity and delivers up to 3.84 kW of continuous power. The grid-tied single-phase solution eliminates the need for an IQ System Controller, reducing costs and components. For split-phase systems, backup functionality can be added via an IQ System Controller.

The product comes with a 15-year warranty and is now being manufactured in the United States, potentially qualifying for the Domestic Content Bonus Credit. This domestic production strengthens the renewable energy supply chain and supports American manufacturing jobs.

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Enphase Energy (NASDAQ: ENPH) announced the expansion of its grid services programs (virtual power plants) across North America, powered by the IQ® Battery 5P. The expansion includes three key regions: Puerto Rico, Colorado, and Nova Scotia.

The programs offer various incentives to homeowners:

  • LUMA Energy Puerto Rico: Approximately $1,000 per year for participants with three IQ Battery 5Ps
  • Xcel Colorado: Up to $5,000 upfront ($350/kW) plus $100 annual payment over five years
  • Efficiency Nova Scotia: $500 upfront plus up to $1,500 per year in performance incentives

These grid services programs allow utilities to utilize stored energy from home batteries during peak demand periods, reducing reliance on traditional power plants while providing financial benefits to participating homeowners.

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Enphase Energy (ENPH) reported Q4 2024 financial results with revenue of $382.7 million, up slightly from $380.9 million in Q3 2024. The company achieved a non-GAAP gross margin of 53.2% with IRA benefits, and shipped 2.01 million microinverters and 152.4 megawatt hours of IQ Batteries.

U.S. revenue increased 6% quarter-over-quarter due to higher microinverter sales, while European revenue declined 25%. The company generated $159.2 million in free cash flow and ended the quarter with $1.72 billion in cash and equivalents. During Q4, ENPH repurchased 2.88 million shares for approximately $199.7 million.

For Q1 2025, Enphase forecasts revenue between $340.0-$380.0 million, including 150-170 megawatt hours of IQ Battery shipments and approximately $50.0 million in safe harbor revenue.

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Enphase Energy (NASDAQ: ENPH) has announced its expansion into Southeast Asia's solar markets, specifically entering Vietnam and Malaysia. The company is now shipping its IQ8P™ Microinverters, featuring 480W peak output AC power, for residential and commercial applications in these markets.

The IQ8P Microinverters, which are Enphase's most powerful microinverters to date, can manage a continuous DC current of 14 amperes and are compatible with solar modules up to 640W DC. These microinverters come with a 25-year warranty and are already being shipped in Thailand and the Philippines.

The expansion is particularly significant in Vietnam, where recent legislation (Decree 135/2024/ND-CP) is expected to boost solar market growth, supporting the country's 2050 net-zero carbon goal. The microinverters feature built-in rapid shutdown capabilities for safety and use low-voltage AC power instead of high-voltage DC power used in traditional systems.

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Enphase Energy (NASDAQ: ENPH) has announced the integration of its Energy System into Octopus Energy's smart tariffs, including 'Intelligent Octopus Flux' (IO Flux) in the United Kingdom. This integration follows their strategic partnership announced last year for deploying IQ8™ Microinverters and IQ® Battery 5P™.

Through Octopus Energy's Kraken platform, customers can now optimize their Enphase solar and battery systems to access low-cost energy rates. The IO Flux tariff optimizes charging and discharging, with over 40% of customers reportedly profiting from their energy bills through optimal energy export timing.

Octopus Energy, the UK's largest energy provider serving over nine million households, operates in 27 countries. The Enphase Energy System offers enhanced features including more power, resilient communication, and improved commissioning, backed by comprehensive warranties: 25 years for IQ8 Microinverters and 15 years for IQ Batteries in the UK.

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Enphase Energy (NASDAQ: ENPH) announced that its IQ8™ Microinverters for residential and commercial applications have achieved compliance with the Build America, Buy America (BABA) Act. This certification enables Enphase's U.S.-manufactured microinverters to be utilized in federal infrastructure projects, including the EPA's $7 billion Solar for All initiative.

The BABA Act mandates federal investments to prioritize American-made products to strengthen domestic manufacturing and create jobs. The Solar for All program aims to expand solar access to low-income and disadvantaged communities through grants to states, territories, tribal governments, municipalities, and eligible nonprofits.

Multiple solar installers, including ReVision Energy, Ideal Energy Solar, and A&R Solar, have praised this development, highlighting its benefits for low-income customers and federal infrastructure projects requiring U.S.-made components.

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Enphase Energy (NASDAQ: ENPH), a global leader in microinverter-based solar and battery systems, announced a conference call and webcast to discuss its fourth quarter and full year 2024 financial results. The event will take place on Tuesday, Feb. 4, 2025 at 4:30 p.m. Eastern Time. Investors can access the live webcast via the Enphase Energy Investor Relations website at investor.enphase.com. A recorded version of the call will be available approximately one hour after the call. The live call can be accessed in the United States at 833.634.5018 or internationally at +1.412.902.4214. Replays will be available at 877.344.7529 (US), +1.412.317.0088 (International), and 855.669.9658 (Canada) with replay access code 3831590.

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Enphase Energy (NASDAQ: ENPH) announced the production shipment of its IQ Battery 5P with FlexPhase for Germany, Austria, and Switzerland. This new battery is an all-in-one AC-coupled system offering backup power and support for both single-phase and three-phase applications. Starting at 5 kWh and configurable up to 70 kWh, it delivers 3.84 kW in single-phase and 1.28 kW per phase in three-phase configuration. The IQ Battery 5P can discharge up to twice its maximum continuous power for three seconds, making it suitable for high-power devices during grid outages when paired with the IQ System Controller 3 INT. It comes with a 15-year warranty in the mentioned regions.

Key features include:

  • Flexibility for diverse home energy needs
  • Support for high-demand appliances during outages
  • Industry-leading 15-year warranty

Enphase's European partners, including Timm & Flo Deine Sonnenprofis in Germany, Salzburg PV in Austria, and Yavuz Energy GmbH in Switzerland, praised the battery's reliability and flexibility. Aaron Gordon, Senior VP at Enphase, highlighted the company's focus on innovation, efficiency, and safety in home energy solutions.

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Enphase Energy (NASDAQ: ENPH) announced the expansion of its operations in Latin America with the launch of IQ8P™ Microinverters in Colombia, Panama, and Costa Rica. The new microinverters, featuring a peak output AC power of 480W, are designed for both residential and commercial applications.

The IQ8P Microinverters, the most powerful in Enphase's lineup, can manage a continuous DC current of 14 amperes and are compatible with solar modules up to 670W DC. The company offers a 20-year warranty for all IQ8P Microinverters activated in these countries.

This expansion follows recent launches in the Caribbean and builds upon existing operations in Brazil, Puerto Rico, and Mexico. The initiative aims to support the growing demand for clean and resilient energy solutions in the region while maximizing energy production efficiency.

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Enphase Energy announced that its IQ8 Microinverters were selected for a 2.2 MW solar project at the Belgoprocess radioactive waste facility in Dessel, Belgium. The project, led by Earth, a leading installer based in Belgium, includes 4,000 IQ8HC Microinverters and will span four rooftops of the facility. There are plans to expand capacity from 2.2 MW to 6 to 8 MW in the coming years. Enphase's microinverters were chosen for their safer AC-based system architecture, cybersecurity, and superior reliability and performance.

The Belgoprocess facility manages radioactive waste from various sources, and the project is expected to be the largest Enphase project worldwide once completed in 2026. The use of Enphase microinverters allows for independent operation of each panel, enhancing system efficiency and safety by converting DC to AC at the source. This distributed architecture also provides sophisticated panel-level monitoring.

Enphase recently launched its IQ Battery 5P and IQ Energy Management Software in Belgium, further showcasing its commitment to innovation in energy technology.

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FAQ

What is the current stock price of Enphase Energy (ENPH)?

The current stock price of Enphase Energy (ENPH) is $64.85 as of February 21, 2025.

What is the market cap of Enphase Energy (ENPH)?

The market cap of Enphase Energy (ENPH) is approximately 8.8B.

What does Enphase Energy do?

Enphase Energy specializes in microinverter-based solar and battery systems, providing integrated solutions for solar power generation, storage, and monitoring.

What are IQ8 Microinverters?

IQ8 Microinverters are Enphase's latest microinverters designed to maximize energy production, supporting higher-powered solar modules and providing increased energy harvesting.

Where is Enphase Energy based?

Enphase Energy is headquartered in Fremont, California, USA.

How many microinverters has Enphase shipped?

Enphase has shipped over 73 million microinverters and has deployed approximately 4 million systems worldwide.

What is the Enphase® Energy System™?

The Enphase® Energy System™ is an integrated platform that includes microinverters, IQ Gateway, and a monitoring app, enabling efficient management of solar and battery systems.

What markets does Enphase Energy operate in?

Enphase Energy operates in over 150 countries, with significant market presence in the United States, Southeast Asia, Europe, and more.

What are the key features of the IQ Battery 5P?

The IQ Battery 5P offers modular energy storage ranging from 5 to 80 kWh, providing reliable backup power and self-consumption features for optimized energy use.

How does Enphase Energy ensure safety?

Enphase Energy incorporates industry-leading safety standards, including rapid shutdown capabilities in their microinverters, to protect first responders and utility workers.

What strategic partnerships has Enphase formed?

Enphase has formed strategic partnerships with companies like Octopus Energy to enhance energy management, virtual power plants, and offer smart tariffs to customers.

Where can I find more information about Enphase products?

More information about Enphase products can be found on their official website at https://enphase.com/.
Enphase Energy

Nasdaq:ENPH

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8.77B
127.59M
3.41%
91.04%
15.23%
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