FirstSolar, Enphase and SunPower are among the renewable energy stocks that are benefiting from a much friendlier administration in the White House, whose agenda includes tackling climate change and bolstering green energy. The future looks bright for solar and other renewable energy technology. FirstSolar, Enphase and SunPower are among the renewable energy stocks that are […]
Ikea solar adds microinverter offering as Enphase partners with Solargain in Australia
US-based microinverter maker Enphase Energy has ramped up its presence in the Australian rooftop solar market, after forming a new partnership with major national PV retailer, Solargain. Enphase said on Thursday that Solargain had selected Enphase microinverters as the premium inverter solution for its turnkey retail solar offerings in Australia. This gives Enphase access to […]
SolarEdge, Enphase Hit by Sharp Slowdown in Solar Installations During Pandemic’s Depths
Orders are rising again in the U.S. solar market, but “the rate of that recovery is questionable,” says SolarEdge CEO Zvi Lando. Residential solar inverter rivals SolarEdge and Enphase faced the same headwinds from the COVID-19 pandemic in the second quarter, with both companies reporting a downturn in Q2 revenue. However, both companies also laid out […]
California Seeks to Shift Major Battery Incentive Toward Fire, Blackout Resiliency
CPUC proposes to spend $613 million of total $1.2 billion SGIP budget through 2024 on battery-solar systems for high-fire-risk customers. Over its 13-year history, California’s Self-Generation Incentive Program has been the state’s primary driver for distributed solar, biomass power systems, fuel cells. and, over the past half-decade or so, behind-the-meter batteries. Now California regulators are […]
Enphase: Demand for Solar-Battery Systems Could Soar After California Blackouts
Grid woes “will only increase the attach rates for storage” in country’s biggest rooftop solar market, Enphase CEO says. Enphase’s current growth is based around its core solar microinverter business. But in discussing the company’s Q3 earnings Tuesday, CEO Badri Kothandaraman focused on how Enphase’s soon-to-launch integrated energy storage system could aid Californians facing the […]
US Solar Executives Break Down the Odds of an ITC Extension
The chances of an ITC extension have improved, though it still looks like an uphill battle, solar executives say. With the end of 2019 approaching, the impending phase-down of the federal Investment Tax Credit is top of mind for solar executives. Unlike the ambivalence within the wind industry about an extension of its Production Tax […]