Core Insights - Enphase Energy has commenced shipments of its IQ9N-3P Commercial Microinverter in the U.S., marking its first product utilizing gallium nitride (GaN) technology [2][9] - The IQ9N-3P microinverter offers significant advantages, including a 97.5% efficiency rate and reduced installation costs, enhancing the overall performance of commercial solar projects [3][9] Product Features - The IQ9N-3P simplifies system design and lowers balance-of-system costs while supporting high-power solar panels up to 600 watts [4] - It operates at 480 volts and provides up to 427 Volt-Ampere of peak output power, ensuring compatibility with advanced solar technologies [4] - The product is backed by a 25-year limited warranty, indicating a commitment to reliability and customer assurance [3] Market Growth Potential - The global solar energy market is projected to grow at a CAGR of 21.64% from 2025 to 2030, presenting substantial opportunities for Enphase Energy and other solar companies [5] - Enphase's recent software rollout allows existing IQ7 Microinverter users to upgrade to IQ8 Microinverters, further driving product shipments and revenue growth [6] Competitive Landscape - Canadian Solar Inc. is also positioned to benefit from the expanding solar market, with a projected 2026 sales estimate of $7.89 billion, reflecting a 36.8% increase [8] - Nextracker Inc. has signed a multi-year supply agreement to provide U.S.-made solar panel frames, supporting the shift towards domestic manufacturing in the solar industry [10] Stock Performance - Enphase Energy's stock has increased by 16.9% over the past month, significantly outperforming the industry average growth of 0.5% [12]

Investor Presentation October 2025 Use of Forward-Looking Statements Safe harbor Information regarding market and industry statistics in this presentation is based on information available to Enphase Energy that Enphase Energy believe is accurate. It is generally based on publications that are not produced for purposes of economic analysis. Non-GAAP Financial Metrics Enphase Energy has presented certain non-GAAP financial measures in this presentation. Generally, a non-GAAP financial measure is a numerical ...

Core Insights - Enphase Energy has launched new software that allows homeowners with existing IQ7 Microinverter systems to upgrade to IQ8 Microinverters, enhancing their solar capacity [1][2] - The software is now available in Australia, India, South Africa, and the Philippines, following its initial launch in North America and Europe [1][2] - The upgrade aims to help homeowners reduce energy costs and increase energy independence, with over one million homes currently using IQ7 Microinverters [2] Market Demand - There is a growing demand among homeowners in India for effective solar investment solutions, which the new software provides [3] - In South Africa, the rising energy demand and interest in clean energy make this upgrade particularly valuable [3] - The Philippines is experiencing accelerated solar adoption, with homeowners seeking simple and effective solutions for system expansion [3] Product Features - The software update allows Australian homeowners to integrate IQ8 Microinverters and compatible energy storage, enhancing system resilience and enabling power supply during grid interruptions [4] - The upgrade pathway offers a cost-effective way for customers to scale their solar systems without a complete overhaul [4] - Enphase's software-defined energy systems are designed to help homeowners optimize their solar investments over time [4] Company Overview - Enphase Energy is a leading global energy technology company based in Fremont, CA, 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]