Enphase Energy Stock Price, News & Analysis

Enphase Energy (NASDAQ: ENPH) expanded a safe harbor agreement with a leading third‑party ownership (TPO) solar financier, building on a prior post‑July 2025 transaction. The agreement is projected to generate approximately $55 million in revenue across Q4 2025 and Q1 2026, with the majority expected in Q1 2026. The safe harbor supports ITC eligibility using 5% safe harbor or physical work test methods and may help qualify for the domestic content bonus when IQ8HC microinverters with “DOM” SKUs are paired with other U.S.‑made equipment. Enphase said the deal will expand IQ8 deployments from U.S. facilities, noted certain products are FEOC compliant under IRS Notice 2025‑08, and expects similar agreements in coming months.

Enphase Energy (NASDAQ: ENPH) began first U.S. production shipments of the next-generation IQ EV Charger 2 on December 3, 2025.

The charger supports up to 19.2 kW (J1772) and 22.1 kW (J3400 NACS), single-SKU for up to a 60-amp breaker, solar-aware charging in 1-amp steps, RFID access, load balancing, native 277 V support, a NEMA 4 enclosure, embedded metering, a five-year limited warranty, and 24/7 support. It is UL listed, ISO 15118-20 compliant for future bidirectional use, and supports OCPP and Modbus for commercial integration. The IQ EV Charger 2 is available in the United States and Canada, with additional global availability planned for 2026.

Enphase Energy (NASDAQ: ENPH) launched PowerMatch technology in Europe on Dec 2, 2025 to improve usable battery energy and reduce low-load losses for IQ Battery 5P systems.

PowerMatch dynamically activates embedded microinverters to match real-time home demand; company testing indicates IQ Battery 5P systems with PowerMatch may last up to 40% longer and may deliver up to $1,700 additional savings over 15 years, depending on configuration and tariffs. PowerMatch is available immediately in Europe via OTA; grid-agnostic support and other regions expected Jan 2026.

Enphase Energy (NASDAQ: ENPH) announced a new safe harbor agreement with a leading third-party ownership (TPO) solar and battery financing provider on Nov 20, 2025. The agreement is the company's third since the July 2025 U.S. federal budget law change and is the first of multiple expected with this provider.

The deal is projected to generate nearly $68 million in revenue over approximately 12–24 months beginning in 2026. It covers U.S.-produced IQ9 microinverters designed to meet the federal physical work test and domestic sourcing requirements, with units expected to begin shipping in Q1 2026. The agreement aims to preserve eligibility for the base ITC and domestic content bonus credit for future projects.

Enphase Energy (NASDAQ: ENPH) announced expanded U.S. utility approvals for the IQ Meter Collar on Nov 17, 2025, including PG&E and San Diego Gas & Electric plus 46 additional utilities.

The IQ Meter Collar installs behind the utility meter or on a standalone socket to enable whole-home backup without a dedicated backup sub-panel, reduce wiring and wall space, and support safe grid isolation. It is part of the 4th-generation Enphase Energy System that pairs the IQ Battery 10C (10 kWh usable, 7.08 kW continuous, LFP) with the IQ Combiner 6C and carries a 15-year limited warranty.

Enphase Energy (NASDAQ: ENPH) announced a partnership with Green Mountain Power to join GMP’s home battery lease program in Vermont, supporting GMP’s 75 MW virtual power plant, currently Vermont’s largest dispatchable energy source.

GMP will offer eligible customers a 10-year lease of two IQ Battery 10C systems at $55/month or a one-time payment of $5,500. Enphase highlighted U.S. shipments of IQ Battery 10C meeting domestic content requirements and a planned 2026 launch for the IQ Bidirectional EV Charger enabling vehicle-to-home and vehicle-to-grid use.

Enphase Energy (NASDAQ: ENPH) said its IQ8 microinverters are being used at gas stations worldwide, citing safety and reliability advantages for safety-critical commercial sites.

Key deployments include a 49 kW system at Tri Gaz 5 in Texas (estimated lifetime savings >$150,000 and offsetting 17% of site demand), dozens of sites in Puerto Rico, 105 Shell stations in Southeast Asia, at least 37 PTT locations, multiple Petron sites in the Philippines, and a 50 kW system at EDS Moya in Colombia.

The company noted NEMA 6 rating, built-in rapid shutdown, lower DC-arc risk, cybersecurity features, most IQ8 production in U.S. facilities, and IQ9N-3P commercial microinverter pre-orders with shipments expected December 2025.

Enphase Energy (NASDAQ: ENPH) announced its IQ Battery systems are eligible for San Diego Community Power’s Solar Battery Savings program effective Nov 4, 2025. Residential customers can receive upfront rebates of $350/kWh for new solar-plus-battery installs and $250/kWh for adding batteries, with a $10,000 upfront rebate cap for new market-rate customers and ongoing performance payments of $0.10/kWh for weekday evening discharges (typically 4pm–9pm).

The announcement highlights Enphase’s 4th-generation Energy System (IQ Battery 10C, IQ Meter Collar, IQ Combiner 6C), a 15-year limited warranty, AC-coupled scaling for higher power, and newly shipping DOM-suffix IQ Battery 10C units that may qualify for the Domestic Content Bonus Credit.

Enphase Energy (NASDAQ: ENPH) reported Q3 2025 results with $410.4M revenue, the highest quarterly revenue in two years, and non-GAAP gross margin 49.2%. GAAP net income was $66.6M and non-GAAP net income was $117.3M. Company shipped ~1.77M microinverters (784.6 MW DC) and a record 195.0 MWh of IQ Batteries. Ending cash and marketable securities were $1.48B. Q4 2025 outlook: revenue $310M–$350M, GAAP gross margin 40%–43%, non-GAAP gross margin 42%–45%, and expected reciprocal tariff impact ~5 percentage points.