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Needham & Company Remains Sidelined on Enphase Energy (ENPH) Following AC Battery Opportunity

Go back to Needham & Company Remains Sidelined on Enphase Energy (ENPH) Following AC Battery Opportunity

Enphase Now Shipping AC Batteries to Customers in Australia and New Zealand

August 30, 2016 5:09 PM EDT

PETALUMA, CA -- (Marketwired) -- 08/30/16 --

Enphase has volume projections for 70,000 AC Battery unitsInstallers cite ease of installation, simplicity as reasons for strong demandEnphase the only provider with an integrated offering that manages solar + storage together

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today that it is now shipping AC batteries to its customers in Australia and New Zealand.

Demand for Enphase AC batteries continues to exceed expectations, with the company having revised production plans up based on volume projections provided by... More