Enphase Energy expands IQ8 Microinverter deployments in Illinois
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Enphase Energy (NASDAQ:ENPH) announced that installers of EnphaseÂ products inÂ IllinoisÂ have seen growing deployments of Enphase Energy Systems powered byÂ IQ8 Microinverters.
As per U.S.Â Solar Market Insight report,Â residential solar deployments inÂ IllinoisÂ are estimated to reach ~132MW in 2023 (+13% Y/Y) whileÂ residential battery deployments are expected to grow over five-fold by 2026.
Enphase Energyâs revolutionary IQ8-based systems can provide Sunlight Backup functionality during an outage even without a battery.