Enphase Energy Announces New Safe Harbor Agreement

Core Insights - Enphase Energy has announced a new safe harbor agreement with a solar and battery financing company, which will provide third-party ownership agreements to homeowners, including leases and power purchase agreements (PPAs) [1] - The safe harbor agreement specifically covers Enphase's U.S.-manufactured IQ8HC™ Microinverters, ensuring that future projects can maintain eligibility for both the base investment tax credit (ITC) and the domestic content bonus credit [2] - This initiative aims to help solar businesses secure current tax credit qualifications and mitigate risks associated with potential future policy changes [2][3] Company Overview - Enphase Energy is a global energy technology company based in Fremont, CA, recognized as the leading supplier of microinverter-based solar and battery systems [4] - The company has shipped approximately 83.1 million microinverters and deployed over 4.9 million Enphase-based systems across more than 160 countries [4]