Enphase Opens U.S. Pre-Orders for First Commercial Battery, IQ Battery C80
ENPH sits 47% above its 52-week low of $25.775.
Summary
Enphase Energy has opened U.S. pre-orders for the IQ Battery C80, its first commercial battery storage system. The product is expected to be produced at U.S. facilities and be FEOC compliant, with shipments beginning in the first half of 2027 and a 15-year warranty. This marks Enphase's entry into the commercial storage market, expanding beyond its residential focus. The launch follows the company's recent push into U.S. manufacturing and new product lines like the IQ9N microinverters and IQ Solid-State Transformer. While revenue impact is not immediate, the move addresses a growing commercial energy storage segment and could support future growth.
At the time of this announcement, ENPH was trading at $38.00 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $25.78 to $73.74. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.