Enphase Energy Announces Safe Harbor Agreement with IGS Solar to Expand Deployments of IQ8 Microinverters Produced in the United States
Enphase Energy, Inc. (ENPH)
Last enphase energy, inc. earnings: 2/18 04:05 pm
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Source: GlobeNewswire
FREMONT, Calif., Nov. 13, 2024 (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 a safe harbor agreement with IGS Solar, a top solar finance company, to help expand deployments of Enphase’s IQ8™ Microinverters supplied from manufacturing facilities in the United States. Enphase IQ8HC™ Microinverters that have SKUs with a “DOM” suffix, paired with other U.S.-made solar equipment, enable IGS Solar-financed leases to qualify for the domestic content bonus tax credit under the Inflation Reduction Act (IRA). “Safe harboring” is a mechanism that enables developers and financiers like IGS Solar to freeze domestic content requirements from one year to the next. For example, when IGS Solar safe harbors Enphase microinverters in 2024, it makes it easier for their installation partners to meet the domestic content qualifications in 2025 by avoiding a
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ENPH
Earnings
- 10/22/24 - Beat
ENPH
Sec Filings
- 11/20/24 - Form 4
- 11/14/24 - Form 4
- 11/12/24 - Form SC
- ENPH's page on the SEC website