microinverters

The recent tariffs on Chinese products, along with the now paused global tariffs from other countries, are expected to have a minimal impact on US-based microinverter manufacturer Enphase Energy.

Microinverter supplier Enphase Energy has said that it will cut nearly 17% of its global workforce or nearly 500 employees.

Enphase Energy posted revenue of US$380.9 million in the third quarter of 2024, and sold around 1.7 million microinverters.

In Q2 2024, Enphase Energy shipped 574,000 microinverters from its US facilities, which benefit from the 45X production tax credits.

US microinverter manufacturer Enphase Energy has started commercial shipments of its IQ8 microinverter made in a facility in Arlington, Texas.

Chinese electronics developer Hoymiles has unveiled its latest microinverter series, the HMS-1000W, designed for domestic environments.

Microinverter supplier Enphase Energy will expand its global manufacturing capacity by partnering with manufacturer Flex in Timisoara, Romania for its European base.

Generac Power Systems has bolstered its presence in the microinverter segment with the launch of a new product line that it says allows homeowners to take advantage of the full potential output of solar arrays.

German PV solutions provider IBC Solar is adding microinverters and energy storage systems from Enphase Energy to its product portfolio.

Leading microinverter supplier Enphase Energy reported record full-year revenue and shipments in 2020, driven by an ongoing transformation in its contract manufacturing supply chain that will enable the company to supply between 16 million to 20 million microinverter units in 2021, should demand allow.