Enphase Energy, Inc. - $ENPH STOCK NEWS

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.

Enphase Energy, Inc. (NASDAQ: ENPH) has started shipping IQ8P™ Microinverters in Mexico, with a peak output AC power of 480 W, to support newer high-powered solar modules. The IQ8P Microinverters are designed to maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher-powered solar modules through increased energy harvesting. The product features a peak output power of 480 W and is designed to seamlessly pair with a full range of solar modules up to 670 W DC. All IQ8 Microinverters activated in Mexico come with a 12-year limited warranty.

Enphase Energy, Inc. (NASDAQ: ENPH) announces the launch of its new IQ8™ Commercial Microinverters, featuring the IQ8P-3P™ Microinverter, for the small commercial solar market in North America. The new microinverters support three-phase commercial applications and high-powered solar panels, simplifying design and installation processes, improving energy harvest, and offering industry-leading safety through an alternating current (AC)-based system using low-voltage power. The products are compatible with a wide range of solar panels and come with a 25-year warranty in the United States and Canada, and a 12-year warranty in Mexico.

Enphase Energy, Inc. (NASDAQ: ENPH) Announces Shipping of IQ8P™ Microinverters in Brazil, Catering to High-Powered Solar Modules

Enphase Energy has started shipping IQ8 Microinverters with peak output AC power of 384 W in Austria. The IQ8 Microinverters are designed to maximize energy production and support higher powered solar modules. They come with a 25-year limited warranty and seamlessly pair with a full range of solar modules up to 560 W DC. The Enphase Energy System integrates with the IQ Gateway and Enphase App for easy monitoring and control.

Enphase Energy, Inc. has launched IQ8 Microinverters and the IQ Energy Router family of devices in Switzerland. The IQ8 Microinverters have a peak output AC power of 384 W and can support high-powered solar modules. The IQ Energy Router integrates with select third-party electric vehicle chargers and heat pumps. The microinverters are designed to maximize energy production and come with a 25-year limited warranty. The IQ Energy Router family of devices monitors and controls energy usage between Enphase solar and battery systems, EV chargers, and heat pumps.

Enphase Energy, Inc. announced financial results for Q3 2023. Quarterly revenue was $551.1 million with a non-GAAP gross margin of 48.4%. They shipped 3,905,239 microinverters and 86.2 megawatt hours of IQ Batteries. They reported a GAAP net income of $114.0 million and non-GAAP net income of $141.8 million. Ending cash, cash equivalents, and marketable securities were $1.78 billion.

Enphase Energy, a global energy technology company, has entered the solar market in Greece with the introduction of IQ8 Microinverters and IQ Batteries. Greece's Ministry of Environment and Energy has launched a subsidy program to expand the deployment of solar-plus-battery storage systems. The program covers up to 65% of solar system costs and approximately 90% of battery costs, supporting the goal of building two gigawatts of residential solar capacity by 2030.