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Enphase Energy, Inc. - 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 launches its most powerful Enphase Energy System in Australia, featuring the IQ Battery 5P and IQ8 Microinverters. The IQ Battery 5P has a modular 5 kWh capacity and the IQ8 Microinverters provide a peak output power of 384 W. The system allows configurations from 5 to 20 kWh capacity and accommodates over-the-air software updates. The Storm Guard feature automatically charges the battery to prepare for possible grid outages due to severe weather events. The IQ Battery 5P comes with a 15-year limited warranty, the longest in the Australian market.
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Enphase Energy, a leading energy technology firm, reported its Q1 2023 financial results with revenues reaching $726.0 million. The company achieved a non-GAAP gross margin of 45.7% and a GAAP net income of $146.9 million. They shipped 4.83 million microinverters and 102.4 megawatt hours of batteries during the quarter. Compared to Q4 2022, revenue saw a minimal increase, yet U.S. revenue decreased by 9% due to seasonality. European revenue grew by 25%. The company ended Q1 with $1.78 billion in cash and equivalents, reflecting a robust financial position. Looking ahead, Enphase anticipates Q2 revenues between $700 million and $750 million, with gross margins between 41% and 44%.

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FAQ

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

The current stock price of Enphase Energy (ENPH) is $73 as of December 23, 2024.

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

The market cap of Enphase Energy (ENPH) is approximately 9.6B.

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, Inc.

Nasdaq:ENPH

ENPH Rankings

ENPH Stock Data

9.63B
130.60M
3.34%
90.78%
15.39%
Solar
Semiconductors & Related Devices
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United States of America
FREMONT