Enphase Energy Launches IQ8P Microinverters For High-Powered Solar Modules In Brazil
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Enphase Energy, Inc. (NASDAQ:ENPH) has started shipping its most powerful microinverters, the IQ8P, in Brazil, designed to support high-powered solar modules with a peak output of 480 W. The launch follows the introduction of the Solargraf platform in Brazil, aiding solar installers in the sales and installation process. The IQ8P Microinverters can handle a continuous DC current of 14 Amperes and pair with solar modules up to 670 W DC. They come with a 25-year limited warranty and integrate with the Enphase Energy System and IQ Gateway for easy monitoring and updates via the Enphase App.
November 13, 2023 | 1:13 pm
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Enphase Energy's launch of the IQ8P Microinverters in Brazil represents an expansion of its product offerings in a growing market, potentially increasing revenue and strengthening its position as a leading supplier of solar technology.
The introduction of the IQ8P Microinverters by Enphase Energy in Brazil is a strategic move to capitalize on the increasing demand for solar energy solutions in the region. The product's advanced features and compatibility with high-powered solar modules are likely to be well-received by the market, potentially leading to increased sales and revenue for ENPH. The positive feedback from industry professionals in the article suggests a strong market acceptance, which could translate into a bullish short-term impact on ENPH's stock price.
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