Enphase Energy Stock Price, News & Analysis

Enphase Energy has appointed Allison Johnson as its new Chief Marketing Officer, effective immediately. Johnson, who has extensive experience with brands like PayPal and Apple, will oversee all global marketing efforts and report to CEO Badri Kothandaraman. Her appointment comes as Enphase aims to strengthen its market position in the renewable energy sector, focusing on promoting sustainability and energy independence. Johnson expressed enthusiasm about joining Enphase at this critical juncture for the company.

Enphase Energy Acquires Sofdesk to Enhance Solar Installer Solutions

FREMONT, Calif., Jan. 26, 2021 - Enphase Energy (NASDAQ: ENPH) has finalized its acquisition of Sofdesk Inc., a leading provider of digital sales acceleration software for solar and roofing companies. The acquisition strengthens Enphase's position in the solar market by integrating Sofdesk's Solargraf software, which streamlines the sales and installation processes for solar installers. By adding valuable digital tools, Enphase aims to improve customer experiences and expand its installer network, while benefiting from Sofdesk's expertise in AI and machine learning.

Enphase Energy (NASDAQ: ENPH), a leading global energy technology company, announced a conference call scheduled for February 9, 2021, at 4:30 p.m. ET to discuss its fourth quarter and full year 2020 financial results. The call will cover the period ending December 31, 2020. Investors can access the live webcast via the Enphase Investor Relations website, with a recorded version available afterward.

Enphase has shipped over 30 million microinverters and deployed around 1.3 million systems globally.

Enphase Energy (NASDAQ: ENPH) has expanded the compatibility of its Enphase Storage systems with M215™ and M250™ microinverter-based solar systems, potentially benefiting approximately 300,000 owners. This enhancement allows installers to offer energy resilience solutions through the Enphase Upgrade Program, reinforcing the company's commitment to customer service and reliable technology. The program is voluntary and aligns with the growing demand for energy-efficient systems, as evidenced by positive feedback from solar installers about system upgrades and customer satisfaction.

Enphase Energy (NASDAQ: ENPH) announced the release of its inaugural Environmental, Social, and Governance (ESG) Report, outlining its ESG policies and initiatives. CEO Badri Kothandaraman emphasized the company's commitment to sustainability, innovation, and social responsibility. The report aligns with Sustainability Accounting Standards Board (SASB) standards and UN Sustainable Development Goals. Enphase has shipped over 30 million microinverters and has deployed 1.3 million systems across 130 countries. The ESG report is available on Enphase's website.

Enphase Energy (NASDAQ: ENPH) has announced an expanded partnership with Solar Optimum, a Platinum installer, to promote Enphase Storage systems in Southern California. This collaboration aims to enhance home energy management solutions by integrating Enphase's solar-plus-storage products. Solar Optimum, a seasoned player in solar solutions, will provide customers with reliable energy storage options featuring fail-safe designs. Enphase Storage systems allow for both partial and whole-home backup, enabling energy independence and integration with generators.

Enphase Energy (NASDAQ: ENPH) has expanded its partnership with Sunnova Energy International to include Enphase Encharge storage systems. This collaboration aims to enhance energy resilience for homeowners, especially as they adapt to using their homes for both living and work. The Encharge storage systems feature advanced safety and performance technologies, including Lithium Iron Phosphate battery chemistry and UL9540A certification. This partnership is expected to provide seamless installation and maintenance-free solutions, benefiting both new and existing Enphase solar customers.

Upstart Power has partnered with Enphase Energy (NASDAQ: ENPH), Sunnova Energy (NYSE: NOVA), and Rodgers Capital in a strategic investment aimed at advancing its fuel cell technology. This collaboration will facilitate the integration of Upstart's low-emission fuel cells with solar and battery storage systems, creating resilient microgrids for residential use. Key executives from the investing firms will join Upstart's board, enhancing governance and oversight. Upstart aims to replace traditional generators with its innovative solutions, emphasizing energy independence and reliability.

Enphase Energy (NASDAQ: ENPH) has launched the Enphase Installer Network (EIN) in Australia, aiming to enhance installer partnerships and homeowner experiences. EIN members gain access to innovative digital tools, sales leads, and performance metrics to boost efficiency and profits. Installers can join as Platinum, Gold, or Silver members based on performance benchmarks, which include product certification and customer satisfaction. This initiative is part of Enphase's commitment to improving service delivery and fostering business growth within the competitive Australian solar market.