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Enphase Energy Begins Pre-Orders For IQ Battery 5Ps Produced In The U.S.

Author: Benzinga Newsdesk | August 27, 2024 08:16am

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 the availability of pre-orders for IQ® Battery 5Ps produced in the United States. Pre-orders are also available for IQ8HC™ Microinverters, IQ8P-3P™ Microinverters, and IQ8X™ Microinverters produced in the United States with higher domestic content. These products are expected to ship in a few weeks and have SKUs with a "DOM" suffix, indicating higher domestic content.

 

Enphase previously announced in July 2024 that certain IQ8 Microinverters when paired with other U.S.-made solar equipment could qualify for the domestic content bonus tax credit under the Inflation Reduction Act (IRA). Now, with the new IQ8 Microinverters having more components manufactured in the United States, less additional U.S.-made solar equipment is needed to meet the domestic content bonus tax credit requirements.

Posted In: ENPH

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