Booths across the show floor in Las Vegas, Nevada touted the occupants’ onshoring bona fides.
Tesla slipped in home battery and inverter market share, while REC led among panel suppliers, said residential solar marketplace operator EnergySage.
The inverter is designed for three-phase grid configurations without using external transformers. It contains gallium nitride technology, a first for Enphase’s microinverters.
The solar microinverter and battery energy storage provider said it began initial shipments of IQ Battery 5Ps that have higher domestic content than its previous models.
After regaining Nasdaq compliance, the company announced its first profitable quarter in four years, though its financial results have not yet been audited.
Enphase reports that more than 6.5 million IQ microinverters and 50 MWh of IQ batteries made in the U.S. have been deployed, and it recently began shipping those with enhanced domestic content.
The solar microinverter and battery energy storage provider posted revenue of $356.1 million, falling slightly short of expectations.
A Roth Capital Partners survey of residential solar and storage installers revealed a market shift away from the leading home battery provider.
Despite the down year, Wood Mackenzie forecasts the market to more than triple in size by 2035.
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