US Market Pulls Down Enphase’s Q2/2023 Revenues
International Markets Lead Microinverter Supplier’s Business As Company Strategizes For US
Microinverter manufacturer Enphase Energy said its Q2/2023 business suffered a decline in the US, blaming high interest rates and lower utility rates here for the ‘broad-based slowdown’, but said its international business reported a record quart.
New Solar Inverter Production Launched in US
Enphase Energy Begins First US Manufacturing Of Microinverters In South Carolina With Partner Flex
US headquartered Enphase Energy has begun local microinverter production with its contract manufacturing partner Flex at the latter’s Columbia, South Carolina factory.
Enphase Q1/2023 Net Income Goes Down
Enphase Energy To Add New US Capacity To Take Global Quarterly Capacity To 10 Million+ By 2023-End
Spurred by growing demand for solar and incentives related to the Inflation Reduction Act (IRA), US based solar microinverter supplier Enphase Energy’s says it is expanding manufacturing capacity in the US in Q2/2023.
Enphase Exited 2022 With Over 68% Jump In Annual Revenues
Enphase Energy Reports ‘Record’ Revenues Of $724.7 Million In Q4/2022; Targets 10 Million Quarterly Microinverter Production Capacity By 2023-End
US based solar microinverter and battery supplier Enphase Energy, Inc has reported a strong Q4/2022 with a ‘record’ quarterly revenue of $724.7 million reflecting an annual improvement of more than 75%, contributing to its annual revenues for 2022 growing more than 68% to $2.3 billion.
Enphase Energy To Open Manufacturing Lines In US
Enphase Reports ‘Record’ Quarterly Revenues In Q3/2022; Driven By IRA, Plans To Enter Domestic Manufacturing In US
Solar microinverter manufacturer Enphase Energy has announced plans to start manufacturing in the US with 4 to 6 lines, starting from Q4/2023, buoyed by the $0.11 per W production-based tax credit on microinverters manufactured in the US under the Inflation Reduction Act (IRA).
Healthy Enphase Energy’s Q2/2022 Financial Results
Strong European Sales Lead Enphase Energy To Report Another Strong Quarter In Q2/2022
US based solar microinverter and storage systems supplier Enphase Energy, Inc reported another healthy quarter in Q2/2022 with 66% annual growth in the US and 89% in Europe contributing to total revenues of $530.19 million, while GAAP net income swelled to $76.97 million.
India’s ‘Largest’ Roof-Integrated Solar System
Ornate Solar Commissions 530 kW Indigenously Developed InRoof Solar System For Pangaea
Solar panel and inverter supplier Ornate Solar has commissioned what it claims to be the ‘largest’ building integrated rooftop PV system in India with 530 kW system size, for Pangaea Natural Stone in Rajasthan, using Enphase Energy Inverters & Canadian Solar modules.
Enphase Energy’s Q1/2022 Financial Results
Enphase Improves Q1/2022 Revenues Having Shipped 1,029 MW DC Microinverters
US headquartered solar PV microinverter supplier Enphase Energy’s Q1/2022 revenues improved by 7% QoQ and 46% YoY despite the global supply chain being ‘under stress’ as the management remains confident of its supplier management and ‘qualification of alternate suppliers’.
North America PV News Snippets
Enphase Expands Manufacturing Footprint To Romania & More From Array, VUI, SEIA
Flex to manufacture Enphase Energy’s microinverters in Romania; Array to supply trackers for Gemini Solar & Storage Project; Canadian company wants solar for uranium in Virginia; SEIA launches survey to assess impacts of Auxin Solar petition on the solar industry.
North America PV News Snippets
Nextracker Lands Saudi Arabian Solar Project & More From SunPower, DESRI, Silicon Ranch, Enphase
Nextracker will supply its tracker technology for Saudi Arabia’s Sudair Solar Plant; SunPower’s SunVault Storage can cover entire home during outage; DESRI commissions 189 MW solar; Silicon Ranch starts construction of 70 MW project; Enphase & GMP partner for pilot program.
Enphase Acquires SolarLeadFactory
US Solar Microinverter Player Takes Over Solar Lead Generation Company
Enphase Energy, Inc the solar PV microinverter supplier from the US, has announced the acquisition of SolarLeadFactory, a solar lead generation engine whose business model uses technological resources to provide high quality, real-time leads to solar installers in 50 states.
SMA Solar’s 2021 Preliminary Financial Results
German Inverter Maker Further Lowers 2021 EBITDA Guidance; Offers 2022 Annual Guidance
Solar inverter supplier from Germany, SMA Solar Technology AG has lowered its EBITDA guidance for 2021 the 3rd time since December 2021, down to about €9 million, from the previous guidance of €20 million to €30 million it offered in January 2022 (see SMA Solar Lowers 2021 Earnings Guidance).
Enphase Ships 1.1 GW in Q4/2021
As Financials Improve, Enphase Plans Microinverter Contract Manufacturing In Europe
US based solar microinverter supplier Enphase Energy, Inc has revealed its plans to expand its existing production capacity for microinverters with the addition of a new contract manufacturing facility in Europe, by the end of this year, which its Pr.
Enphase Energy’s Q2/2021 Revenues Grew To $316 Million
Enphase Energy Reports $316 Million GAAP Revenues & 40.4% Gross Margin In Q2/2021; Bears Higher Component Costs & Sees Supply Chain Issues To Continue In Q3/2021, Before Getting Better In Q4/2021
Enphase Energy said the component supply chain issues continued to impact its business in Q2/2021, something it sees continuing in Q3/2021 but smoothening in Q4/2021. Revenue mix in Q2/2021 comprised 81% US and 19% rest of the world.
Enphase & LONGi Partner To Develop AC Modules
LONGi Solar To Use Enphase 7th Generation IQ Microinverters To Pair With LONGi AC Modules Under Strategic Partnership; Launch Scheduled In Q4/2018 For US Market
Solar microinverter manufacturer Enphase Energy, Inc. and Chinese solar power products company LONGi Green Energy Technology Co.
