Enphase finalizes purchase of SunPower mincroinverter business
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Enphase within striking distance of profitability in Q2 results
The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
Mixed impact of proposed Section 301 tariffs on inverter makers
GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.
SunPower and Enphase team up with microinverter acquisition
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
Enphase sees CFO leave, presents stable numbers for Q1 2018
The microinverter maker is reporting only modest losses in its Q1 results, a significant improvement from a year ago.
Enphase seeks Section 201 exclusion for AC modules
The company has registered as a lobbyist with K Street’s most experienced WTO law firm – Sidley Austin LLP.
Enphase shows turnaround in Q4 2017 results
The struggling microinverter maker narrowed losses considerably in Q4, as it unveils new products and expands in new markets.
Enphase and Panasonic announce AC module partnership
Market roll out of Panasonic’s HIT modules fitted with Enphase Energy’s new IQ7X Microinverter penciled in for May in North America, Enphase confirms.
Enphase share sale raises $20 million
The California-headquartered microinverter specialist announces private equity offering of 9,523,809 shares that have been sold to Chilean entrepreneur Isidoro Quiroga.
Enphase narrows Q3 loss, records revenue increase
The microinverter specialist posted losses of $7 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.
