Enphase Energy Launches IQ8 Microinverters And IQ Batteries In Greece
Portfolio Pulse from Happy Mohamed
Enphase Energy, Inc. (ENPH) has entered the Greek solar market with the launch of its IQ8 Microinverters and IQ Batteries. This comes as the Greece Ministry of Environment and Energy has launched a subsidy program to expand solar-plus-battery storage systems and reach its goal of building two gigawatts of residential solar capacity by 2030. The program covers up to 65% of solar system costs and approximately 90% of battery costs.

October 23, 2023 | 12:11 pm
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Enphase Energy's entry into the Greek solar market with its IQ8 Microinverters and IQ Batteries could potentially boost its revenues and market share. The Greece Ministry of Environment and Energy's subsidy program could further support this expansion.
Enphase Energy's entry into the Greek solar market aligns with the country's strategic efforts to expand solar-plus-battery storage systems. The subsidy program launched by the Greece Ministry of Environment and Energy, which covers a significant portion of solar system and battery costs, could potentially increase demand for Enphase's products, thereby boosting its revenues and market share.
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