Should You Invest In Enphase Energy Inc.?

Enphase Energy Inc. is an American energy technology company headquartered in Fremont, California. Founded in 2006, the firm designs and manufactures all-in-one solar panel systems for both residential and commercial use. The company serves a customer base throughout the US and internationally, having sold its microinverter technology to users in 130 countries. The Enphase microinverter works with solar panels to enable customers to make, use, save, and sell their own energy. Using smart battery technology, the microinverters work in a more energy-efficient way than if all panels were hooked up to a central inverter. Users who create an excess of clean energy can store it or sell it to others in their community. The firm has now installed more than 39 million microinverters on over 1.7 million homes across the globe. The technology is compatible with any type of solar panel and is generally considered to be one of the top-performing clean energy systems available. In 2021, the Enphase Encharge home battery won the ees Award, which highlights top electrical energy storage products advancing a sustainable future. The firm trades on the NASDAQ under the stock ticker ENPH. Add ENPH stock to your virtual portfolio to track the most up-to-date price changes.