Company
Enphase Energy, Inc.
Headquarters: Fremont, CA, United States
Founded: 2006
Employees: 2,260
CEO: Mr. Badrinarayanan Kothandaraman
Market Cap
$16.75 Billion
USD as of Jan. 1, 2024
Enphase Energy, Inc. Categories
United States Technology SolarUnited States Technology United States Solar
Top Competitors by Market Capitalization
Industry: Solar
| Company | Market Cap (USD) |
|---|---|
| First Solar, Inc. | $17.88 B |
| Trina Solar Co. Ltd | $8.41 B |
| SolarEdge Technologies, Inc. | $4.91 B |
| Xinyi Solar Holdings Ltd | $4.70 B |
| Shanghai Aiko Solar Energy Co. Ltd | $4.24 B |
Detailed Description
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
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Stocks & Indices
Enphase Energy, Inc. has the following listings and related stock indices.
Stock: NASDAQ: ENPH wb_incandescent
Stock: BMV: ENPH wb_incandescent
Stock: FSX: E0P wb_incandescent
Product & Services
microinverters, home energy storage
Key People
Founder(s): Raghu Belur and Martin Fornage
Badri Kothandaraman, CEO
Financials
Revenue: US$774.4 million (2020)
Operating income: US$186.4 million (2020)
Net income: US$134 million (2020)