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Enphase Expands U.S. Commercial Reach With GaN Microinverters And Valuation Gap
Enphase Energy has expanded its commercial microinverter product line in the U.S., introducing a new GaN-powered three-phase microinverter to align with domestic manufacturing requirements and secure federal incentives. This strategic move aims to boost their participation in both new commercial solar installations and repowering projects. While the company’s stock has seen recent gains, its longer-term performance has been down, and this shift could be crucial for diversifying its business mix beyond its traditional residential focus.