Enphase Energy, Inc. - $ENPH STOCK NEWS

Enphase Energy, Inc. applauds the Dutch Senate's decision to maintain net energy metering for solar customers in the Netherlands, ensuring continued benefits. Enphase's solar plus battery systems aim to maximize savings and grid support through dynamic tariffs and virtual power plants.

Enphase Energy, Inc. reported a revenue of $302.6 million in the fourth quarter of 2023, with 50.3% non-GAAP gross margin. They shipped 1,595,677 microinverters and 80.7 megawatt hours of IQ Batteries. The financial highlights for Q4 2023 include a net income of $20.9 million and non-GAAP net income of $73.5 million. The company's revenue for FY 2023 was $2,290,786, with a gross margin of 46.2%.

Enphase Energy, Inc. (ENPH) has announced the launch of new IQ8 Microinverters, IQ8HC, and IQ8X with peak output AC power of 384W designed to pair with a full range of solar modules up to 540W DC. The products are available in North America and Mexico, supported by a 25-year warranty in the US and Canada and a 12-year warranty in Mexico. The company aims to provide sustainable and reliable energy solutions for homeowners and businesses through innovative products.

Enphase Energy, Inc. (ENPH) will host a conference call and webcast on Feb. 6, 2024, to discuss its fourth quarter and full year 2023 financial results. The company is a global energy technology leader and the top supplier of microinverter-based solar and battery systems.

Enphase Energy, Inc. (ENPH) has started shipping IQ8™ Microinverters in Belgium with a peak output AC power of 384 W to support high-powered solar modules. The microinverters are designed to maximize energy production and come with a 25-year limited warranty. They can manage a continuous DC current of 14 amperes, supporting higher powered solar modules through increased energy harvesting. The three new microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – feature peak output power of 330 W, 366 W, and 384 W, respectively, and are designed to pair with a full range of solar modules up to 560 W DC. Enphase Energy Systems in Belgium also include the IQ® Batteries and the IQ® Combiner 3P, offering an all-in-one solution for homeowners to store their energy for later use and avoid relying on expensive energy from the grid.

Enphase Energy, Inc. (NASDAQ: ENPH) will host its 'Solar Next' event on Jan. 11, 2024 for installers from across the Netherlands, promoting a comprehensive solution with solar, batteries, and energy management software to unlock the full potential of the Dutch energy market.

Enphase Energy, Inc. (NASDAQ: ENPH) expands support for virtual power plants through grid services programs in the US, powered by the new IQ Battery 5P. Homeowners can receive incentives from utilities for installing Enphase Energy Systems with IQ Battery 5P. Programs include PG&E's Emergency Load Reduction Program, PSEG Long Island's Battery Storage Rewards Program, and Connecticut's Energy Storage Solutions Program.

Enphase Energy, Inc. (NASDAQ: ENPH) announced that AC Solar Warehouse, Australia’s largest specialist wholesaler of AC solar products, has sold over one million Enphase microinverters to-date and has rapidly expanded its IQ Battery distribution. The company has been offering Enphase products for over a decade and recently launched its new home energy system in Australia with IQ Battery 5P and IQ8™ Microinverters, combining solar, storage, and monitoring. The new IQ8 Microinverters manage a continuous DC current of 14 amperes and are designed to support higher powered solar modules to maximize energy production, with no sizing restrictions when pairing an IQ Battery 5P with IQ8 Microinverters. All IQ8 Microinverters and IQ Batteries come with a 15-year limited warranty, the longest standard residential warranty in the Australian market.

Enphase Energy, a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, has announced the launch of its most powerful Enphase® Energy System™ to-date, featuring the new IQ® Battery 5P and IQ8™ Microinverters for customers in Italy. The IQ Battery 5P offers a 5 kWh capacity and the new IQ8 Microinverters provide peak AC power up to 384 W to support newer high-powered solar modules, offering homeowners reliable electricity. The new Enphase Energy System with the IQ Battery 5P enables configurations ranging from 5 to 60 kWh and offers a significantly improved experience for homeowners and installers. IQ8 Microinverters are designed to help maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher powered solar modules through increased energy harvesting. The Enphase® Energy System™ integrates with the IQ® Gateway, which can be connected to the internet to enable over-the-air updates and connect to the Enphase App monitoring platform. Enphase offers 24/7 customer support and an industry-leading warranty for both solar and battery products.