Enphase Energy Announces Second New Safe Harbor Agreement
Enphase Energy (NASDAQ: ENPH) has secured its second safe harbor agreement with a leading solar and battery financing company, expected to generate $50 million in revenue. The agreement focuses on U.S.-manufactured IQ8HC™ Microinverters and aims to preserve eligibility for both base investment tax credit (ITC) and domestic content bonus credit.
This strategic move follows the new U.S. federal budget bill signed in July 2025 and strengthens Enphase's position in the third-party ownership (TPO) segment, which includes leases and power purchase agreements. The company anticipates additional financing providers to join with similar agreements in the coming months.
Enphase Energy (NASDAQ: ENPH) ha ottenuto il suo secondo accordo di safe harbor con una primaria società di finanziamento per pannelli solari e batterie, che dovrebbe generare $50 million in revenue. L’intesa riguarda i Microinverter IQ8HC™ prodotti negli Stati Uniti e mira a mantenere l’idoneità sia per il credito d’imposta sugli investimenti base (ITC) sia per il credito bonus per contenuti domestici.
Questa mossa strategica segue la nuova legge sul bilancio federale USA firmata nel luglio 2025 e rafforza la posizione di Enphase nel segmento della terza proprietà (TPO), che include leasing e contratti di acquisto di energia. L’azienda prevede che nei prossimi mesi altri finanziatori aderiranno con accordi simili.
Enphase Energy (NASDAQ: ENPH) ha asegurado su segundo acuerdo de "safe harbor" con una importante compañía de financiación de energía solar y baterías, que se espera genere $50 million in revenue. El acuerdo se centra en los microinversores IQ8HC™ fabricados en EE. UU. y busca preservar la elegibilidad tanto para el crédito fiscal por inversión base (ITC) como para el crédito adicional por contenido nacional.
Esta iniciativa estratégica sigue a la nueva ley del presupuesto federal de EE. UU. firmada en julio de 2025 y fortalece la posición de Enphase en el segmento de propiedad de terceros (TPO), que incluye arrendamientos y acuerdos de compra de energía. La compañía anticipa que en los próximos meses se unirán más proveedores de financiación con acuerdos similares.
Enphase Energy (NASDAQ: ENPH)가 태양광 및 배터리 금융 분야의 선도 업체와 두 번째 세이프 하버 계약을 체결하여 $50 million in revenue의 매출을 창출할 것으로 예상됩니다. 이번 합의는 미국 제조 IQ8HC™ 마이크로인버터를 대상으로 하며 기본 투자세액공제(ITC)와 국내 생산물 보너스 크레딧 모두의 자격을 유지하는 것을 목표로 합니다.
이 전략적 조치는 2025년 7월 서명된 새로운 미국 연방 예산 법안을 따른 것으로, 리스와 전력구매계약을 포함하는 제3자 소유(TPO) 부문에서 Enphase의 입지를 강화합니다. 회사는 향후 몇 달 내에 유사한 계약을 체결하는 추가 금융 제공업체들이 등장할 것으로 예상하고 있습니다.
Enphase Energy (NASDAQ: ENPH) a conclu son deuxième accord de safe harbor avec une grande société de financement de panneaux solaires et de batteries, qui devrait générer $50 million in revenue. L’accord porte sur les micro-onduleurs IQ8HC™ fabriqués aux États-Unis et vise à préserver l’éligibilité tant au crédit d’impôt à l’investissement de base (ITC) qu’au crédit bonus pour contenu domestique.
Cette démarche stratégique fait suite à la nouvelle loi budgétaire fédérale américaine signée en juillet 2025 et renforce la position d’Enphase dans le segment de propriété tierce (TPO), incluant les contrats de location et d’achat d’électricité. L’entreprise prévoit que d’autres fournisseurs de financement concluront des accords similaires dans les mois à venir.
Enphase Energy (NASDAQ: ENPH) hat seine zweite Safe-Harbor-Vereinbarung mit einem führenden Finanzierer für Solar- und Batteriesysteme abgeschlossen, die voraussichtlich $50 million in revenue einbringen wird. Die Vereinbarung betrifft in den USA hergestellte IQ8HC™-Mikrowechselrichter und soll die Förderfähigkeit sowohl für den Basis-Investitionssteuergutschrift (ITC) als auch für den Inlandsinhalts-Bonus erhalten.
Dieser strategische Schritt folgt dem neuen US-Bundeshaushaltsgesetz, das im Juli 2025 unterzeichnet wurde, und stärkt Enphases Position im Third-Party-Ownership-(TPO)-Segment, zu dem Leasing und Stromabnahmeverträge gehören. Das Unternehmen rechnet damit, dass in den kommenden Monaten weitere Finanzierungsanbieter mit ähnlichen Vereinbarungen hinzukommen werden.
- New safe harbor agreement expected to generate $50 million in revenue
- Strategic positioning in the growing TPO segment for residential solar and batteries
- Agreement preserves tax credit eligibility including ITC and domestic content bonus
- Additional financing providers expected to sign similar agreements
- Success dependent on future policy changes and tax credit qualifications
- Revenue generation timeline not specified in the agreement
Insights
Enphase secures $50M revenue deal that strengthens market position amid favorable policy changes for domestically-manufactured solar components.
Enphase's announcement of a second safe harbor agreement represents a strategic win in the evolving renewable energy landscape. The
The agreement specifically covers Enphase's domestically manufactured IQ8HC™ Microinverters, which qualify for both the base investment tax credit and the domestic content bonus credit. This dual-qualification status gives Enphase a competitive advantage in the third-party ownership (TPO) segment - a channel explicitly described as critical for U.S. residential solar growth.
Most notably, management signals that additional financing providers are likely to follow suit in coming months, suggesting this could be part of a larger revenue opportunity beyond the initial
This development highlights Enphase's adaptability in capitalizing on policy environments to drive sales while strengthening its position in the TPO market segment - a strategic channel for expanding residential solar adoption through leases and power purchase agreements that reduce upfront costs for homeowners.
FREMONT, Calif., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced a new safe harbor agreement with another leading solar and battery financing company that offers third-party ownership (TPO) agreements to homeowners, including leases and power purchase agreements (PPAs). This is the second agreement since the new U.S. federal budget bill was signed into law in July 2025.
The agreement, signed earlier in August, is expected to generate approximately
The safe harbor agreement covers Enphase’s U.S.-manufactured IQ8HC™ Microinverters (with “DOM” SKUs), helping future projects preserve eligibility for both the base investment tax credit (ITC) and the domestic content bonus credit. By safe harboring equipment now, solar companies can lock in current tax credit qualifications and reduce risk from future policy changes.
“Safe harbor agreements are a critical tool for keeping solar projects on track despite changing policy landscapes,” said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. “These agreements allow developers and financiers to move forward with confidence, safeguard project economics, and accelerate clean energy deployment. Enphase is committed to supporting every segment of the market, including TPO, as it expands access to affordable, reliable home energy systems.”
Enphase expects additional financing providers to follow suit in the coming months, further expanding the pipeline of TPO safe harbor agreements under the new rules. Project developers should consult their own legal and tax advisors to confirm eligibility for available tax credits. Please visit the website for more information about IQ8HC Microinverters and Enphase manufacturing.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power – and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 83.1 million microinverters, and more than 4.9 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://enphase.com/.
©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.
Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to the ability of financiers and installers to expand deployments of IQ8 Microinverters supplied from manufacturing facilities in the United States; and statements regarding the investment tax credit and the domestic content tax bonus credit. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
Contact:
Enphase Energy
press@enphaseenergy.com
This press release was published by a CLEAR® Verified individual.
FAQ
What is the value of Enphase Energy's new safe harbor agreement in 2025?
How many safe harbor agreements has ENPH signed since July 2025?
What products are covered under Enphase's new safe harbor agreement?
What tax benefits does ENPH's safe harbor agreement preserve?
How does the safe harbor agreement impact Enphase's TPO segment?
