Enphase Energy Begins Pre-Orders For IQ Battery 5Ps Produced In The U.S.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy has started pre-orders for its U.S.-produced IQ Battery 5Ps and IQ8 Microinverters, which have higher domestic content. These products may qualify for the domestic content bonus tax credit under the Inflation Reduction Act.
August 27, 2024 | 12:16 pm
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Enphase Energy has begun pre-orders for its U.S.-produced IQ Battery 5Ps and IQ8 Microinverters, which may qualify for the domestic content bonus tax credit under the Inflation Reduction Act.
The introduction of U.S.-produced products with higher domestic content aligns with the Inflation Reduction Act's tax credit incentives, potentially boosting demand and positively impacting Enphase's stock price.
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