ENPH - Enphase Energy, Inc.

Company Overview

Name

Enphase Energy, Inc.

Tickers

ENPH

Exchanges

Nasdaq

Employees

3157

Founded

2006

Sector Information

Other Information

CIK

1463101

Category

Large accelerated filer

1-Line Summary

Enphase Energy is a leading global energy technology company providing innovative solar solutions and energy management systems.

Company summary

Enphase Energy, Inc., founded in 2006, is a global leader in energy technology, focused on providing integrated solutions for solar generation, energy storage, and management through its innovative microinverter systems. The company’s products allow homeowners and businesses to optimize their solar energy production and consumption while enabling clean energy independence. They have pioneered a systems-based approach that has revolutionized the solar industry, where individual solar modules utilize unique microinverters instead of traditional central inverters, enhancing overall energy conversion and reliability.

Enphase's primary offerings include microinverters, smart storage solutions, and electric vehicle (EV) chargers, all managed by a cloud-based platform for seamless energy optimization. The company operates on a B2B model selling through distributors and installers. With over 73 million microinverters deployed in more than 150 countries, Enphase aims to expand its market share globally by enhancing its product line, improving customer experiences, and increasing storage capabilities and efficiencies while navigating the challenges posed by government regulations and competitive pressures.

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