Enphase Energy (ENPH) has shipped more than 6.5 million IQ Microinverters and 50 MWh of IQ Batteries from U.S. contract manufacturing facilities. Approximately one million of those microinverters were made with higher domestic content than previous models, which can help solar projects qualify for the “Domestic Content Bonus Credit” using less additional U.S.-made solar equipment to meet the requirements. Enphase began shipping IQ8HC Microinverters from South Carolina and Texas facilities in 2023. Enphase also recently announced first shipments of its IQ Battery 5Ps from the United States. Both the microinverters and batteries with SKUs identified by the “DOM” suffix can help projects qualify for the Domestic Content Bonus Credit. These achievements come as Enphase continues to expand its manufacturing capabilities, with recent shipments of IQ8X Microinverters and IQ8P-3P Commercial Microinverters supplied from the U.S. featuring higher domestic content than previous models.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENPH:
- Charged: Tesla reports disappointing quarterly results
- Enphase Energy enters solar market in Japan with IQ8 Microinverters
- Short Report: Bears bite into solar with higher exposure to Sunrun, SolarEdge
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Enphase Energy price target lowered to Street-low $31.11 at GLJ Research