Enphase Energy and Capital Good Fund partner for 24 MW solar projects

Under the agreement, Enphase will supply its IQ8P-3P™ and IQ9N-3P™ Microinverters from manufacturing facilities in the United States. The IQ9™ Commercial Microinverter is Enphase's first microinverter powered by gallium nitride (GaN) technology. Both IQ8™ and IQ9™ Microinverters bearing “DOM” suffix SKUs are manufactured with domestic content in U.S. facilities and may enable eligible projects to qualify for the domestic content bonus tax credit. Enphase’s microinverter systems are designed to provide panel-level monitoring through the Enphase® App. The collaboration focuses on mission-aligned commercial solar installations under Capital Good Fund’s BRIGHT program and solar leases for low- and moderate-income (LMI) homeowners. Quotes: - "Under the agreement, Enphase will supply its IQ8P-3P™ and IQ9N-3P™ Microinverters from manufacturing facilities in the United States." - "The company recently commenced production shipments of its IQ9™ Commercial Microinverter in the U.S., marking its first microinverter powered by gallium nitride (GaN) technology and designed for three-phase 480Y/277 V (wye) grid configurations." - "Both IQ8™ and IQ9™ Microinverters bearing “DOM” suffix SKUs are manufactured with domestic content in U.S. facilities. These products may enable eligible projects to qualify for the domestic content bonus tax credit while aligning with evolving U.S. sourcing requirements." - "Enphase’s microinverter systems are designed to provide panel-level monitoring through the Enphase® App, enhancing fleet visibility for asset owners." - "The collaboration will primarily focus on mission-aligned commercial solar installations under Capital Good Fund’s BRIGHT program, which provides low-cost solar power purchase agreements (PPAs) to nonprofits, houses of worship, affordable housing developments, municipal facilities, and small businesses. The program also offers solar leases for low- and moderate-income (LMI) homeowners, expanding access to clean energy in underserved communities."