Enphase Energy secures $50mln in revenue with new solar, battery financing agreement.

• Enphase Energy signs new safe harbor agreement with solar and battery financing company. • Expected to generate $50 million in revenue. • Covers Enphase's U.S.-manufactured IQ8HC microinverters. • Preserves eligibility for base ITC and domestic content tax credit. • Underscores Enphase's strong participation in third-party ownership segment. • Supports growth in U.S. residential solar and battery market.

Enphase Energy, Inc. (NASDAQ: ENPH), a leading global energy technology company, has announced a new safe harbor agreement with a prominent solar and battery financing company. This agreement, signed earlier in August 2025, is expected to generate approximately $50 million in revenue for Enphase and underscores the company’s strong participation in the third-party ownership (TPO) segment, a critical growth channel for U.S. residential solar and batteries.

The safe harbor agreement covers Enphase’s U.S.-manufactured IQ8HC™ Microinverters (with “DOM” SKUs), helping future projects preserve eligibility for both the base investment tax credit (ITC) and the domestic content bonus credit. By safe harboring equipment now, solar companies can lock in current tax credit qualifications and reduce risk from future policy changes.

Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy, stated, “Safe harbor agreements are a critical tool for keeping solar projects on track despite changing policy landscapes. These agreements allow developers and financiers to move forward with confidence, safeguard project economics, and accelerate clean energy deployment. Enphase is committed to supporting every segment of the market, including TPO, as it expands access to affordable, reliable home energy systems.”

Enphase expects additional financing providers to follow suit in the coming months, further expanding the pipeline of TPO safe harbor agreements under the new rules. Project developers should consult their own legal and tax advisors to confirm eligibility for available tax credits. For more information about Enphase’s IQ8HC Microinverters and manufacturing, visit the company’s website.

Enphase Energy, based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems. The company has shipped approximately 83.1 million microinverters, and more than 4.9 million Enphase-based systems have been deployed in over 160 countries.

References:
[1] https://finance.yahoo.com/news/enphase-energy-announces-second-safe-120000765.html
[2] https://www.morningstar.com/news/globe-newswire/9514512/enphase-energy-announces-second-new-safe-harbor-agreement