Enphase share sale raises $20 million
The California-headquartered microinverter specialist announces private equity offering of 9,523,809 shares that have been sold to Chilean entrepreneur Isidoro Quiroga.
Enphase Energy narrows Q3 losses to $7m, records sequential revenue increase
The U.S. microinverter specialist posted losses of $6.9 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.
JinkoSolar and Enphase collaborate on Eagle AC module
The module and microinverter giants have worked together to introduce a new AC module comprising Enphase’s IQ6 microinverter affixed to JinkoSolar’s mono PERC modules.
Enphase threatened with de-listing due to low stock price
The warning from NASDAQ follows financial difficulties at the microinverter pioneer.
Enphase sees losses increase in first quarter
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
Enphase narrows losses in Q4 results
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
Enphase finalizes $50m refinancing package
Extension of long-term loan facility with Tennenbaum Capital Partners used to pay-down Wells Fargo line of credit and support Enphase’s expansion efforts for its home energy solution.
