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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, a global leader in energy technology, announced the shipment of its most powerful home battery yet, the IQ Battery 5P, in Mexico.

The IQ Battery 5P features a modular design with a 5 kWh capacity and pairs with IQ8 Microinverters to provide reliable electricity for homeowners. The system supports configurations from 5 to 60 kWh, offers improved power and communication, and enhances the commissioning experience.

The Enphase Energy System allows homeowners to monitor and manage their systems via the Enphase App, including a self-consumption feature to reduce grid electricity usage.

The IQ8 Microinverters maximize energy production and support higher-powered solar modules. Enphase offers extensive warranties and 24/7 customer support, aiming to aid Mexico's transition to clean energy.

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Enphase Energy (NASDAQ: ENPH) has launched its IQ8 Microinverters in Finland, marking its entry into the Finnish solar market. The new IQ8 series—including IQ8MC, IQ8AC, and IQ8HC—offers peak output power of 330W, 366W, and 384W, respectively, and supports solar modules up to 560W DC. Finland's solar capacity reached 1 GW by the end of 2023, with projections to triple by 2030. Each IQ8 Microinverter comes with a 25-year warranty and integrates with the Enphase Energy System for streamlined monitoring and maintenance. Orders are available starting today.

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Enphase Energy (NASDAQ: ENPH) has released its 2023 Environmental, Social, and Governance (ESG) report, highlighting significant advancements in sustainability. The company, a leader in microinverter-based solar and battery systems, has produced 80.6 terawatt hours (TWh) of clean energy since its inception. Enphase's installer network has expanded to over 8,700, facilitating the deployment of its renewable energy systems globally. The company continues its partnership with GRID Alternatives, bringing solar power to over 10,000 low and moderate-income households. Recognized for its sustainability efforts, Enphase received a 'Prime' ESG rating from Institutional Shareholder Services (ISS), an 'AA' ESG rating from Morgan Stanley Capital International (MSCI), and a reduced risk rating from Sustainalytics.

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Enphase Energy, Inc. announced the growing deployments of IQ8™ Commercial Microinverters across North America to capitalize on the market opportunity. The company plans to start shipping the microinverters from U.S. facilities by the end of the second quarter of 2024. Installers and developers are pleased with the simplified design, enhanced monitoring, and industry-leading safety features of the new commercial solution, enabling them to expand their businesses and provide customers with reliable solar energy solutions. The IQ8P-3P Microinverters support small commercial buildings and come with a 25-year warranty, compatible with a wide range of solar panels. The Enphase® Energy System™ also includes the IQ® Gateway Commercial 2 for system monitoring and the Enphase Kiosk software for real-time performance tracking.

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Enphase Energy, Inc. announced growing deployments of Enphase Energy Systems with the IQ Battery 5P in Florida, anticipating a severe hurricane season. The new system offers enhanced features and monitoring capabilities, providing homeowners with reliable backup power. Installers like May Electric Solar and Go Solar Power praise the IQ Battery 5P for its performance and reliability. Enphase also offers 24/7 customer support and industry-leading warranties. The company plans to introduce energy management software upgrades in 2024 to support the shift towards electrification. Enphase continues to provide scalable and intelligent energy storage solutions tailored to the needs of Florida residents.

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Enphase Energy, a leading global energy technology company, reported financial results for the first quarter of 2024, with revenue of $263.3 million, 46.2% non-GAAP gross margin, and a strong balance sheet. Despite a decline in U.S. revenue, Europe saw a 70% increase. The company shipped 1,382,195 microinverters and 75.5 megawatt hours of IQ Batteries. Enphase also announced key partnerships and product launches, expanding its market presence. The second quarter of 2024 financial outlook shows positive growth prospects.
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Enphase Energy, Inc. partners with Octopus Energy Group in the United Kingdom to deploy Enphase IQ8™ Microinverters and IQ™ Battery 5P™, allowing Octopus Energy's customers to benefit from low-cost residential energy rates and smart tariffs. The strategic relationship aims to create virtual power plants (VPPs) and reduce overall energy usage during peak grid demand, enhancing homeowner empowerment and promoting a greener grid.
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Enphase Energy, Inc. launches the IQ Combiner Lite in the Netherlands to simplify installation of small-scale solar systems in social housing. The product consolidates multiple components into a compact box, streamlining the installation process for solar projects in social housing residences.
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Enphase Energy, Inc. launches Enphase Power Control software for their energy system, offering benefits like avoiding main panel upgrades, enabling energy exports from batteries, and unlocking more battery capacity. The software allows for easy interconnection without utility transformer upgrades, providing flexibility and cost savings for homeowners.
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Enphase Energy, Inc. (ENPH) will host a conference call and webcast on April 23, 2024, to discuss its first quarter 2024 financial results. The company is a global leader in microinverter-based solar and battery systems.
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FAQ

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

The current stock price of Enphase Energy (ENPH) is $63.57 as of November 21, 2024.

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

The market cap of Enphase Energy (ENPH) is approximately 8.6B.

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

8.56B
130.60M
3.34%
90.57%
11.73%
Solar
Semiconductors & Related Devices
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United States of America
FREMONT