{"id":52425,"date":"2021-07-29T06:57:11","date_gmt":"2021-07-28T20:27:11","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=52425"},"modified":"2023-11-27T09:20:42","modified_gmt":"2023-11-26T23:50:42","slug":"enphase-results-iq8-mb2095","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/","title":{"rendered":"Enphase Q2 Results And IQ8 Microinverter Update"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone size-full wp-image-52426\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8.jpg\" alt=\"Enphase results and IQ8 microinverter status\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Microinverter and battery storage manufacturer Enphase Energy reported another pretty good quarter. But what the fans (well, this guy anyway) really want to know is\u00a0 &#8211; where the bloody hell is the IQ 8?<!--more--><\/p>\n<p>In case you&#8217;re also wondering what the bloody hell a microinverter is, check out this <a href=\"https:\/\/www.solarquotes.com.au\/inverters\/micro\/\"> guide to microinverters and AC solar panels<\/a> to learn what they are, and some of their advantages\/disadvantages.<\/p>\n<p><strong>But just an added note on this<\/strong> &#8211; SolarQuotes founder Finn will be soon be publishing an article concerning a challenge to the blanket claim micro-inverters outperform string inverters when solar panels are shaded. It seems things aren&#8217;t quite that straightforward.<\/p>\n<p><a href=\"https:\/\/www.solarquotes.com.au\/inverters\/enphase-review.html\">Enphase Energy<\/a>, which is the world&#8217;s leading microinverter manufacturer, <a href=\"https:\/\/newsroom.enphase.com\/news-releases\/news-release-details\/enphase-energy-reports-financial-results-second-quarter-2021\">has reported<\/a> revenue of USD $316 .1\u00a0million for the second quarter of 2021, up a huge amount from Q2 2020 ($125.53 million) and also up on Q1 2021 ($301.75 million).<\/p>\n<p>But i<span class=\"article-content\">n the Asia Pacific region specifically, revenue declined 3% sequentially in Q2. This has been attributed to COVID disruptions in Australia, along with normal seasonal fluctuations.<\/span><\/p>\n<p>Enphase shipped approximately 2,362,401 microinverters during Q2; representing 796 megawatts DC capacity, along with 43 megawatt hours of Enphase battery storage systems.<\/p>\n<p>To date, Enphase has shipped more than 36 million microinverters.<\/p>\n<p><span class=\"article-content\">In terms of the current quarter, Enphase expects revenue to be within a range of $335.0 million to $355.0 million, including shipments of 60 to 70 megawatt hours of Enphase Storage systems.<\/span><\/p>\n<h2>IQ 8 Status Update<\/h2>\n<p>The current generation of Enphase microinverter is the 7A\/7+. The next\/new generation of Enphase microinverter is the IQ 8, which will be an \u201cgrid-independent\u201d device. This means IQ8 based solar power systems will be able to continue to supply electricity to a household in the event of a blackout without <span class=\"article-content\"> requiring a <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">solar battery<\/a><\/span>; assuming there&#8217;s sufficient sunlight of course.<\/p>\n<p>The IQ8 will be available in two flavours &#8211; the IQ 8 PV for residential solar installations and the IQ 8 D, a 640-watt microinverter capable of supporting two panels for small commercial solar installations.<\/p>\n<p>&#8212;<\/p>\n<p><strong>UPDATE 11.20am<\/strong> &#8211; you can take a <a href=\"https:\/\/www4.enphase.com\/sites\/default\/files\/IQ8D-DS-EN-US-PRELIM.pdf\">peek at the IQ 8D and its specifications here<\/a>.<\/p>\n<p>&#8212;-<\/p>\n<p>According to Enphase President and Chief Executive Officer Badri Kothandaraman, the company is making good progress on compliance, reliability and system testing of these products.<\/p>\n<blockquote><p>&#8220;We expect first shipments of the IQ 8 PV microinverters in Q3 and first shipments of the IQ 8D product in Q4,&#8221; <a href=\"https:\/\/www.fool.com\/earnings\/call-transcripts\/2021\/07\/28\/enphase-energy-inc-enph-q2-2021-earnings-call-tran\/\">he stated<\/a>.<\/p><\/blockquote>\n<p>So, there&#8217;s been a bit of a delay.\u00a0 <a href=\"https:\/\/www.solarquotes.com.au\/blog\/enphase-energy-report-mb1876\/\">Back in February<\/a> Mr. Kothandaraman expected shipping to commence in Q2. <span class=\"article-content\">He notes the company&#8217;s &#8220;component supply challenges&#8221;<\/span><span class=\"article-content\"> &#8211; and Enphase isn&#8217;t Robinson Crusoe there by any means. The supply of &#8220;AC Fed drivers&#8221; appears to be issue, whatever those are.<\/span><\/p>\n<p><span class=\"article-content\">Whether Australians will be among the first to get their hands on the IQ8 remains to be seen, but Australia is an important market for Enphase. While microinverter-based solar installations are still comparatively uncommon in Australia due to the additional cost involved, in the USA they dominate.\u00a0<\/span><\/p>\n<p><span class=\"article-content\">The arrival of the IQ8 on our shores might see a greater shift to microinverters given the added benefit of having a degree of backup power in the event of a (daytime) blackout.<\/span><\/p>\n<p><span class=\"article-content\">Australians super-keen on such a feature don&#8217;t have to wait for the Enphase IQ8 though &#8211; for example, <a href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-blackout-inverter-mb1494\/\">Delta&#8217;s E5 hybrid inverter<\/a> offers a &#8220;Stand Alone\u201d mode. <a href=\"https:\/\/www.solarquotes.com.au\/blog\/delta-hybrid-inverter-mb1936\/\">Delta&#8217;s H8E and H10E<\/a> <\/span><span class=\"article-content\"> + back-up box can also power critical loads (8kw\/10kW maximum) during a blackout.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microinverter and battery storage manufacturer Enphase Energy reported another pretty good quarter. But what the fans (well, this guy anyway) really want to know is\u00a0 &#8211; where the bloody hell is the IQ 8?<\/p>\n","protected":false},"author":17,"featured_media":52426,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-52425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enphase Q2 Results And IQ8 Microinverter Update - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Enphase reported another pretty good quarter. 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But what the fans really want to know is - where the bloody hell is the IQ 8 microinverter?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-28T20:27:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-26T23:50:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Enphase Q2 Results And IQ8 Microinverter Update\",\"datePublished\":\"2021-07-28T20:27:11+00:00\",\"dateModified\":\"2023-11-26T23:50:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/\"},\"wordCount\":576,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8.jpg\",\"articleSection\":[\"General Solar &amp; Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/\",\"name\":\"Enphase Q2 Results And IQ8 Microinverter Update - SolarQuotes Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/enphase-results-iq8-mb2095\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/07\/enphase-results-iq8.jpg\",\"datePublished\":\"2021-07-28T20:27:11+00:00\",\"dateModified\":\"2023-11-26T23:50:42+00:00\",\"description\":\"Enphase reported another pretty good quarter. 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One is used per solar panel (or one for two panels in some cases)\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Enphase IQ8 microinverter","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/enphase-iq8-microinverter.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/enphase-iq8-microinverter.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/enphase-iq8-microinverter.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/enphase-iq8-microinverter.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/enphase-iq8-microinverter.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":19626,"url":"https:\/\/www.solarquotes.com.au\/blog\/enphase-energy-financials-mb0487\/","url_meta":{"origin":52425,"position":1},"title":"Enphase Energy Returns To Profitability","author":"Michael Bloch","date":"March 2, 2018","format":false,"excerpt":"After a rather rocky period, the sun appears to be shining again for U.S-based microinverter giant Enphase Energy. The company's return to profitability in Q4 has been described as a significant milestone. Enphase Energy's financial results for the fourth quarter of 2017 were announced a couple of days ago. 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Inverters work day-in and day-out under often harsh conditions, particularly in Australia - and they are the component of a solar power\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Enphase IQ8 microinverter Australian Warranty","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/10\/iq8-australian-warranty.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/10\/iq8-australian-warranty.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/10\/iq8-australian-warranty.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/10\/iq8-australian-warranty.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/10\/iq8-australian-warranty.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":47508,"url":"https:\/\/www.solarquotes.com.au\/blog\/enphase-energy-report-mb1876\/","url_meta":{"origin":52425,"position":3},"title":"Another Cracking Quarter For Enphase Energy","author":"Michael Bloch","date":"February 11, 2021","format":false,"excerpt":"Microinverter and battery storage manufacturer Enphase pleased shareholders once again, delivering another strong quarter. In a report covering financial results for the fourth quarter of 2020, Enphase says it achieved revenue of USD $264.8 million, well up on Q4 2019's $210.03 million. 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Hopefully, shipments to Australia won't be far behind. First, a quick summary of what a microinverter is: In a conventional rooftop solar power system, all the solar panels feed their output to a\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Enphase IQ8 microinverter","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/enphase-iq8-microinverter.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/enphase-iq8-microinverter.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/enphase-iq8-microinverter.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/enphase-iq8-microinverter.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/enphase-iq8-microinverter.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":23522,"url":"https:\/\/www.solarquotes.com.au\/blog\/enphase-sunpower-ac-modules-mb0707\/","url_meta":{"origin":52425,"position":5},"title":"SunPower : AC Solar Panels Are The Future","author":"Michael Bloch","date":"August 15, 2018","format":false,"excerpt":"SunPower's CEO has said AC solar panels are the future, but will its AC modules have a future here in Australia? 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