Enphase Q2 micro-inverter revenue falls despite demand ‘rebound’
Coming off a strong, profitable first quarter, Enphase sees the second-quarter results of Covid-19 in compressed revenue and a swing to a loss. Gross margins remain strong.
Strong Q1 for First Solar, Enphase, Sunrun
U.S. residential solar installer Sunrun reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. Micro-inverter manufacturer Enphase’s first-quarter revenues exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location.
Enphase preps commercial inverters and small off-grid solar+storage box
At its recent “Analyst Day” presentation, the company also showed off a 640 W two-module commercial inverter, as well as an “Ensemble in a Box” solar+storage package for two PV modules.
