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Enphase Energy (NASDAQ:ENPH) +1.5% pre-market Monday after saying it has begun shipments of IQ8 commercial microinverters produced in the U.S.
The Inflation Reduction Act has enabled Enphase (ENPH) to manufacture in the U.S., after IQ8 commercial microinverters were originally launched in North America last year and manufactured outside the U.S.
Distributors in the U.S., Canada and Mexico can order IQ8 commercial microinverters beginning today; to celebrate the launch, Enphase (ENPH) is hosting an event at its Arlington, Texas, manufacturing facility on Thursday.
“Expanding our list of U.S.-supplied products has been a key objective, helping to ensure superior service with quicker delivery times for local customers in our top market,” Enphase (ENPH) Senior VP Ron Swenson said.