- Enphase Energy Inc (NASDAQ:ENPH) announced expanding its distribution partnership with Natec in Europe.
- Both companies have collaborated to distribute IQ microinverters and batteries across Europe.
- “Natec is a world-class distribution partner and we’re excited to expand our relationship with them with a mutual focus on creating a superior customer experience for our customers and end-users,” stated Marco Krapels, vice president of international sales at Enphase Energy.
- Last week, ENPH disclosed the launch of its most powerful home battery, IQ Battery 5P, in the U.S. and Puerto Rico.
- Also, earlier this month, the company declared the launch of IQ8 Microinverters in Poland.
- Apart from this, ENPH declared the deployment of the IQ7 family of microinverters in the U.K.
- Last month, ENPH reported worse-than-expected first-quarter sales and issued weak second-quarter guidance.
- Also Read: Renewables Revolution: US Green Energy Poised for ‘Staggering’ Growth, According To BloombergNEF Report
- Price Action: ENPH shares are trading higher by 4.5% at $172.68 on the last check Tuesday.
EXCLUSIVE: Smart for Life Announces Strategic Acquisition of Purely Optimal, Eyes Revenue Growth
Smart for Life, Inc (NASDAQ: SMFL) has agreed to acquire Purely Optimal Nutrition, an eCommerce company. The deal is expected to boost revenue and expand margins for both companies.
