Press release
Enphase Energy Begins Pre-Orders for IQ Battery 5Ps Produced in the United States
Pre-orders also available for IQ8 Microinverters with higher domestic content, further helping solar and battery products qualify for Domestic Content Bonus
About this update from Enphase Energy, Inc.
[{"type":"text","content":"Pre-orders also available for IQ8 Microinverters with higher domestic content, further helping solar and battery products qualify for Domestic Content Bonus Credit\nFREMONT, Calif., Aug. 27, 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 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. \"We've been installing Enphase products for 15 years, and the IQ Battery 5P completes the package,” said Arno Aghamalian, CEO of Solar Optimum, a Platinum Installer of Enphase products operating in California, Nevada, Arizona, and Florida. “Its robust capabilities and industry-leading warranty make it a favorite among homeowners. With its production now based in the United States, we can proudly offer a product that supports local manufacturing and advances domestic renewable energy for more and more people.\" \"The IQ Battery 5P now being manufactured in the United States is very exciting,” said Chris Pearce, COO at Solara Home Energy. \"It's our preference to use American made products whenever we can for our new home builder partners. Enphase's commitment to quality and innovation is apparent across its entire product line and the IQ Battery 5P is no exception. Its reliable energy storage, performance, and adaptability already makes the IQ Battery 5P an obvious choice when planning solar and battery for new home communities. The fact that it's produced domestically adds an extra layer of trust and pride for us and our clients.\" \"The IQ Battery 5P has been a gre...