FREMONT, Calif., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the launch of the IQ® Battery 5P™ with FlexPhase for customers in India. The system provides reliable backup power and supports both single-phase and three-phase applications, serving India’s growing residential and small commercial solar markets. Three-phase service is widely available in ...

Core Insights - Enphase Energy has announced the initial shipments of the IQ Battery 10C, which is designed to meet the growing demand in the third-party ownership (TPO) market and includes domestically sourced components to qualify for federal tax credits [1][2]. Group 1: Product Launch and Features - The IQ Battery 10C meets the current 45% U.S.-sourced materials threshold for tax credits, with future thresholds of 50% in 2026 and 55% in 2027 anticipated [2]. - The battery has been added to approved vendor lists for several major TPO providers, allowing companies to capture significant tax credit value [2][3]. - The new battery system is part of Enphase's 4th-generation battery launch, which includes the IQ Meter Collar and IQ Combiner 6C, enhancing its functionality as a whole-home backup solution [4][5]. Group 2: Market Impact and Industry Trends - The shift towards third-party owned financing in the energy sector emphasizes the importance of reliable batteries that qualify for domestic content [4]. - The introduction of the IQ Battery 10C aligns with the industry's trend towards leases and power purchase agreements (PPAs), helping installers and developers maximize tax credit opportunities [5]. - Enphase's commitment to building high-performance, incentive-eligible energy systems in the U.S. strengthens its domestic supply chain and competitive position in the market [5]. Group 3: Company Background - Enphase Energy is a leading global energy technology company based in Fremont, CA, specializing in microinverter-based solar and battery systems [7]. - The company has shipped approximately 83.1 million microinverters and deployed over 4.9 million Enphase-based systems in more than 160 countries [7].

Core Insights - Enphase Energy, Inc. has announced a new safe harbor agreement with a leading solar and battery financing company, enhancing its position in the third-party ownership (TPO) segment, which is crucial for growth in U.S. residential solar and battery markets [1][2]. Group 1: Financial Impact - The agreement is projected to generate approximately $50 million in revenue for Enphase, highlighting the financial benefits of its participation in the TPO segment [2]. Group 2: Safe Harbor Agreement Details - The safe harbor agreement pertains to Enphase's U.S.-manufactured IQ8HC™ Microinverters, ensuring that future projects maintain eligibility for both the base investment tax credit (ITC) and the domestic content bonus credit [3]. - By establishing safe harbor agreements now, solar companies can secure current tax credit qualifications and mitigate risks associated with future policy changes [3]. Group 3: Industry Perspective - Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase, emphasized that safe harbor agreements are essential for maintaining project momentum amid evolving policy landscapes, allowing developers and financiers to proceed with confidence [4]. - Enphase anticipates that more financing providers will adopt similar agreements in the coming months, which will further enhance the pipeline of TPO safe harbor agreements under the new regulations [4]. Group 4: Company Overview - Enphase Energy is recognized as the world's leading supplier of microinverter-based solar and battery systems, with approximately 83.1 million microinverters shipped and over 4.9 million Enphase-based systems deployed across more than 160 countries [5].

Core Insights - Enphase Energy has launched the IQ Battery 5P™ with FlexPhase in Australia, an all-in-one AC-coupled system designed to provide reliable backup power and support for both single-phase and three-phase applications, catering to diverse home energy needs [1][4] Product Features - The IQ Battery 5P offers a scalable energy storage solution starting at 5 kWh and expandable up to 70 kWh, with continuous power output configurable from 1.65 kW to 3.84 kW in single-phase and from 0.61 kW to 1.28 kW per phase in three-phase configurations [2] - The system is designed to maximize savings, reduce reliance on the grid, and provide backup power during outages when paired with the IQ System Controller 3 INT, and it comes with a 15-year warranty [3] Market Context - The launch aligns with the Australian Federal Government's Cheaper Home Batteries Program, which offers homeowners discounts of around 30% on eligible systems, enhancing the product's appeal [4] - The IQ Battery 5P with FlexPhase is also available in twelve European countries, indicating a broader market strategy [5] Customer Feedback - Installers have highlighted the system's reliability and flexibility, noting its ability to meet various grid connection requirements and provide energy independence, particularly in rural areas [4]

Core Insights - Enphase Energy has received approval from San Diego Gas & Electric (SDG&E) for the IQ Meter Collar, facilitating streamlined home backup systems in its service area [1][3] - The IQ Meter Collar is part of Enphase's 4th-generation battery system, which includes the IQ Battery 10C and IQ Combiner 6C, aimed at reducing installation complexity and costs [2][4] - The approval from SDG&E positions Enphase to expand its market presence, with additional utility approvals anticipated across the United States [3][4] Company Overview - Enphase Energy is a leading global energy technology company based in Fremont, California, specializing in microinverter-based solar and battery systems [5] - The company has shipped approximately 83.1 million microinverters and deployed over 4.9 million Enphase-based systems in more than 160 countries [5] Product Details - The IQ Meter Collar integrates microgrid interconnection device functionality and energy consumption metering, allowing for whole-home backup without the need for rewiring [2][4] - The 4th-generation battery system, including the IQ Meter Collar, is backed by a 15-year limited warranty, with shipments having commenced last month [4]

Core Insights - Enphase Energy has begun initial shipments of the IQ Battery 5P, which features a higher domestic content than previous models, complying with new U.S. federal budget law requirements [1][2] - The new law mandates a 45% U.S.-sourced materials threshold for solar and battery products, increasing to 50% in 2026 and 55% in 2027, which the IQ Battery 5P is designed to meet [2] 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 [5] - The company has shipped approximately 81.5 million microinverters and deployed around 4.8 million Enphase-based systems in over 160 countries [5] Product Features - The IQ Battery 5P has a modular design with a capacity of 5 kWh and can be paired with Enphase IQ8™ Microinverters, providing reliable electricity for homeowners [3] - The product allows users to monitor performance and manage battery systems through the Enphase App, including a self-consumption feature to reduce grid electricity usage [3] Market Impact - The increased domestic content of the IQ Battery 5P supports American jobs and manufacturing, contributing to a more resilient domestic supply chain [2] - Installer partners of Enphase Energy are positioned to benefit from federal tax incentives due to the compliance of the IQ Battery 5P with the new domestic content requirements [4]

Core Insights - Enphase Energy has launched the IQ Battery 5P with FlexPhase, a powerful and versatile battery system designed for various European markets, including Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands [1][3] - The new battery system offers a capacity starting at 5 kWh and can be configured up to 70 kWh, providing flexibility for homeowners to meet their energy needs [2][3] Product Features - The IQ Battery 5P delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration, with the ability to discharge up to two times the maximum continuous power for three seconds [2] - It comes with a 15-year warranty in the specified European countries, highlighting the company's commitment to reliability [2] Market Demand - Recent blackouts in Spain have increased the urgency for reliable home energy solutions, making the launch of the IQ Battery 5P particularly timely [3] - Installers in various countries have noted a growing demand for adaptable and resilient energy systems, indicating a shift in consumer preferences towards smart energy solutions [3] Company Overview - Enphase Energy is a leading global energy technology company based in Fremont, CA, specializing in microinverter-based solar and battery systems [4] - The company has shipped approximately 81.5 million microinverters and deployed around 4.8 million Enphase-based systems in over 160 countries, showcasing its extensive market presence [4]

Homeowners in the Central Hudson, ConEd, NYSEG, National Grid, Orange and Rockland, and Rochester G&E service areas could receive the upfront incentive. Homeowners in the ConEd territory of New York City and Westchester County are eligible for an upfront incentive of $250/kWh, capped at $6,250 per site. For example, customers who install five IQ Battery 5Ps could earn $6,250 upfront. Additionally, homeowners in all other utility territories are eligible for an upfront incentive of $200/kWh, capped at $5,000 ...