Microinverter supplier Enphase Energy reported record quarterly revenue in Q3 2021 but stressed the importance of price increases to help offset price volatility in its supply chain.
Enphase Energy shipped fewer microinverters in Q2 2021 than in the preceding quarter as supply constraints continued to bite, but the manufacturer still managed to boost revenue sequentially.
Enphase Energy exceeded its revenue guidance in the third quarter as microinverter shipments rebounded strongly on the back of a “significant” improvement in global demand.
