Enphase Energy Stock Price, News & Analysis

Enphase Energy (NASDAQ: ENPH) has launched its IQ Energy Management solution in France, integrating AI technology with the IQ Energy Router suite to manage home solar, batteries, EV chargers, heat pumps, and electric water heaters. The system, controlled through the Enphase App, enables smart management of variable electricity rates and third-party devices.

The launch comes amid France's significant electrification growth, with EV deployments up 400% since 2020 and plans to manufacture one million new heat pumps by 2027. Approximately 40% of French homes (15 million) use electric water heaters, accounting for up to 20% of household energy consumption. The IQ Energy Router products come with a 5-year warranty and are compatible with leading energy appliances in France.

Enphase Energy (NASDAQ: ENPH) announced that its IQ Batteries now qualify for the NYSERDA New York Battery Incentive Program. Homeowners in major New York utility service territories can receive significant upfront incentives: up to $6,250 in ConEd territory (NYC and Westchester) at $250/kWh, and up to $5,000 in other territories at $200/kWh.

The program covers all major utility service areas including Central Hudson, ConEd, NYSEG, National Grid, Orange and Rockland, and Rochester G&E. NYSERDA opened contractor registration on April 22, 2025, and will begin accepting residential incentive applications on June 10, 2025. Both the IQ Battery 5P and upcoming IQ Battery 10C models are expected to qualify.

Enphase Energy (NASDAQ: ENPH) has launched its IQ Balcony Solar System in Belgium, following its recent introduction in Germany. This plug-and-play solar solution is designed for apartments and homes with limited roof space, enabling clean energy generation from balconies and small outdoor areas. The system features IQ8HC Microinverters and IQ Balcony Gateway, supporting both grid-tied and off-grid operations.

Key features include DIY installation, seamless off-grid operation during daylight hours, scalability up to seven microinverters, and integrated connectivity with Wi-Fi or cellular data. The standard kit includes two IQ8HC Microinverters, one IQ Balcony Gateway, IQ Cables, and an AC Power Cable. The launch aligns with Belgium's recent legalization of balcony solar systems in April 2025 and supports the country's goal of increasing solar capacity by 40% by year-end.

The system is now available through Enphase's website and select partners, with solar panels and mounting hardware sold separately.

Enphase Energy (NASDAQ: ENPH) has announced new software enabling homeowners with existing IQ7™ Microinverter systems to expand their solar capacity using IQ8™ Microinverters. This software update is now available across North America, Europe, and other key markets, allowing seamless integration without requiring hardware changes to existing IQ® Gateway or IQ® Combiner systems.

With over one million homes worldwide using IQ7™ Microinverters, this upgrade path enables homeowners to enhance their solar production and energy independence. The solution has received positive feedback from installers across multiple countries, including the United States, Mexico, Switzerland, Netherlands, and France, who highlight the benefits of simplified system upgrades and improved efficiency in meeting growing customer energy needs.

Enphase Energy (NASDAQ: ENPH) has launched its IQ Balcony Solar System in Germany, targeting apartment dwellers and homeowners with limited roof space. The plug-and-play system includes IQ8HC Microinverters, IQ Balcony Gateway, and related components, enabling users to generate clean energy from balconies and small outdoor areas.

The system features DIY installation, off-grid operation capabilities, scalability up to seven microinverters, and integrated connectivity with Wi-Fi or cellular data. Germany's balcony solar market has shown significant growth, with 435,000 new installations in 2024, up from 276,000 in 2023, bringing the total to 780,000 installations nationwide.

The standard kit includes two IQ8HC Microinverters, one IQ Balcony Gateway, IQ Cables, and an AC Power Cable, with solar panels and racking available separately. The system offers real-time monitoring through the Enphase App and comes with IP67-rated microinverters and a 5-year warranty on the Gateway.

Enphase Energy (NASDAQ: ENPH), a global leader in microinverter-based solar and battery systems, has announced its 2025 Annual Meeting of Stockholders scheduled for May 14, 2025, at 9:00 a.m. Pacific Time. The meeting will be held at the company's headquarters in Fremont, CA.

Following a brief recess after the formal meeting, CEO Badri Kothandaraman will deliver a presentation at approximately 9:30 am PT. Stockholders can access the presentation virtually through a weblink (registration required) or via telephone. The company has filed its 2025 Proxy Statement with the SEC, which contains detailed information about voting and participation procedures.

Enphase Energy (NASDAQ: ENPH) has reached significant manufacturing milestones in the United States, shipping over 6.5 million IQ Microinverters and 50 MWh of IQ Batteries from domestic facilities. Approximately one million microinverters were produced with higher domestic content, helping solar projects qualify for the "Domestic Content Bonus Credit." The company began shipping IQ8HC Microinverters from South Carolina and Texas facilities in 2023, and recently started shipping IQ Battery 5Ps domestically. Currently, about 80% of all Enphase microinverter shipments originate from U.S. facilities, with the 6.5 million units capable of supporting more than 300,000 American homes.

Enphase Energy (NASDAQ: ENPH) has announced its entry into the Japanese solar market through a distribution partnership with ITOCHU . The company has begun production shipments of IQ8™ Microinverters in Japan, coinciding with Tokyo's new mandate requiring rooftop solar on all new homes built by large-scale homebuilders starting April 1, 2025.

The initial launch features the IQ8HC™ Microinverters, capable of managing 14 amperes DC current with 350 VA peak output power, coming with a 25-year warranty. These microinverters are specifically designed to address Tokyo's unique challenges of smaller roof areas, offering flexible and scalable system designs with enhanced solar production and reliability.

ITOCHU will facilitate Tokyo's metropolitan government's subsidy of 20 yen-per-watt for homeowners installing Enphase products, making solar energy more accessible to residents with space constraints.

Enphase Energy (NASDAQ: ENPH) reported Q1 2025 financial results with revenue of $356.1 million, down from $382.7 million in Q4 2024. The company achieved a non-GAAP gross margin of 48.9% and shipped approximately 1.53 million microinverters (688.5 megawatts DC) and 170.1 MWh of IQ Batteries.

U.S. revenue decreased 13% quarter-over-quarter due to seasonality and softening demand, partially offset by $54.3 million in safe harbor revenue. European revenue increased 7%, driven by higher battery sales. The company maintained strong U.S. manufacturing, producing 1.21 million microinverters.

For Q2 2025, Enphase forecasts revenue between $340.0-$380.0 million, including 160-180 MWh of IQ Battery shipments and approximately $40.0 million in safe harbor revenue. The company ended Q1 with $1.53 billion in cash and equivalents, generating $48.4 million in operating cash flow.