Enphase Energy (ENPH) Gains 3.8% After Belgium Launch of Balcony Solar System

Faizan Farooque

Thu, May 15, 2025, 12:56 PM 1 min read

Enphase Energy (ENPH, Financials) roseate 3.8% to $50.12 successful Thursday day trading aft the institution launched its IQ Balcony Solar System successful Belgium, targeting flat dwellers and homes with constricted rooftop space. The rollout follows Belgium's April 2025 determination to legalize balcony star systems arsenic portion of its program to grow nationalist star capableness by 40% this year.

• Warning! GuruFocus has detected 6 Warning Signs with ENPH.

The plug-and-play strategy includes IQ8HC Microinverters, a Balcony Gateway, and accessories that let for casual self-installation and off-grid use. Enphase said the strategy is scalable, supporting up to 7 microinverters, and includes a built-in information program for monitoring via the Enphase App.

Already launched successful Germany, the strategy aligns with Enphase's strategy to summation cleanable vigor entree successful dense municipality environments. Sabbas Daniel, elder vice president of sales, said the enlargement supports vigor independency and strengthens the company's European footprint.

This nonfiction archetypal appeared connected GuruFocus.