The company is also shutting down contract manufacturing in the U.S. and Romania.
The residential microinverter manufacturer released a 208V three phase inverter for the small commercial market. The advancing hardware comes with a specialized support team, expedited one-day financing options, and tailored design tools – optimized for efficiently handling systems up to 200kW.
Raghu Belur, co-founder and chief products officer of Enphase joined pv magazine USA to provide an outlook for 2024.
With native timber and moss covered rocks on the outside, the building has energy efficiency features on the inside and is topped with a 53 kW solar array mounted on its metal roof.
U.S. revenues dropped 16% from the previous quarter while European sales fell 34%.
Also on the rise: Enphase launches IQ Battery 5P residential battery in U.S. and Puerto Rico. Solar energy in New York state covered record 20% of state power demand. And more.
In a ROTH Capital Partners webinar, Enphase CEO Badri Kothandaraman announced the company will be adding four to six new manufacturing lines in the states.
The solar inverter provider’s announcement was made amid a Q3 earnings call with record revenues reported.
The company issued strong guidance for Q3 as its revenues and earnings per share beat estimates.
Also on the rise: Vermont expected to delay long-term changes to solar net metering. Enphase Energy expands battery storage deployment in Puerto Rico. And more.
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