
Enphase Energy’s Revenue Jumps 81% to $635 Million in Q3 2022 on Strong Demand
Microinverter-based solar-plus-storage systems company Enphase Energy recorded revenue of $634.7 million in the third quarter (Q3) of 2022, a year-over-year (YoY) increase of 81% from $351.5 million. The numbers marked ...

Enphase Energy’s Revenue Surges 66% YoY to $530 Million in Q2 2022
Microinverter-based solar-plus-storage systems company Enphase Energy recorded second-quarter (Q2) revenue of $530.2 million, a year-over-year (YoY) increase of 66% from $316.05 million in Q2 2021. The company said that the ...

Karnataka School Saves Up to ₹4,000 on Monthly Bills with Rooftop Solar
Global technology company Enphase Energy announced the commissioning of its first pilot project for Karnataka Public School, Kudur, Ramanagara District, Karnataka. Under this program, a 4 kW rooftop solar photovoltaic ...

Enphase Energy Records a YoY Revenue Surge of 46% in Q1 2022
Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, reported a record first quarter (Q1) revenue of $441.3 million, a year-over-year (YoY) increase of 46.2% compared to $301.7 million in ...

Funding and M&A Roundup: Enphase Energy Acquires SolarLeadFactory
From: Mercom Capital Group Enphase Energy, a micro inverter-based solar-plus-storage systems supplier, acquired California-based SolarLeadFactory. The financial terms of the transaction were not disclosed. Founded in 2012, SolarLeadFactory produces, curates, ...

Enphase Energy’s Revenue Up 56% YoY to $412.7 Million in Q4 2021
Enphase Energy, a supplier of microinverter-based solar-plus-storage systems, has reported a revenue of $412.7 million in the fourth quarter (Q4) of 2021, a 56.10% year-over-year (YoY) increase compared to $264.8 ...

Enphase Energy to Raise $1 Billion Via Convertible Notes Issue
Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, has unveiled plans to raise $1 billion through the issuance of convertible senior notes. The company will offer $500 million of ...

Funding and M&A Roundup: Enphase to Acquire Solar Design Business of DIN Engineering
From: Mercom Capital Group Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, announced that it has agreed to acquire the Solar Design Services business of DIN Engineering Services, based ...

Funding and M&A Roundup: Microinverter Company Enphase Acquires Sofdesk
From: Mercom Capital Group Enphase Energy, a microinverter technology provider for the solar industry, has announced the closing of its acquisition of Sofdesk. Sofdesk's Solargraf integrated software platform offers the ...

SunPower Logs Revenue of $274.8 Million in Q3 2020
SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the third quarter of the calendar year 2020 (Q3 2020). The company posted a GAAP ...

US-Based Solar Panel Maker SunPower Raises $1 Billion Financing
A U.S.-based solar panel maker, SunPower Corp., has announced a strategic partnership of $1 billion (~₹74.97 billion) with Technology Credit Union (Tech CU), one of the leading credit unions in ...

COVID-19 Impact: Solar Module Manufacturer SunPower Halts Production Temporarily
Companies across the globe are trying hard to tackle the unprecedented economic crisis caused by the ongoing coronavirus pandemic. In one such case, a U.S. solar panel maker, SunPower Corp, ...

Enphase Energy Opens Indian R&D Center in Bangalore
Enphase Energy, a global energy technology company and microinverter supplier, opened its first Indian research and development (R&D) center in Bangalore, Karnataka, on December 3, 2017. “I am pleased to ...

Enphase Energy and Waaree Energies Join Forces to Develop AC Modules in India
Enphase Energy, a US-based solar microinverter company, and Waaree Energies, an Indian module manufacturer and engineering procurement construction (EPC) company, have formed a partnership to develop AC solar modules for ...

Top Five Inverter Manufacturers Accounted for Over 70 Percent of the Indian Solar Market as of Q2 2017
As of Q2 2017, the top five solar inverter manufacturers accounted for over 70 percent of India’s solar inverter market, led by ABB India with a 20 percent market share ...

Enphase Energy Expands into India
Enphase Energy, a microinverter supplier for solar rooftop systems, has expanded into India and established offices in Chennai. The company appointed Venkata Mukundarajan in Chennai as its strategic account manager ...