09:25 AM EST, 12/11/2024 (MT Newswires) -- Enphase Energy ( ENPH ) said Wednesday it has started shipping IQ8X microinverters and IQ8P-3P commercial microinverters provided by plants in the US with higher domestic content than previous models.
The company previously said that some IQ8 microinverters, combined with other US-made solar equipment, could qualify for the domestic content bonus tax credit under the US Inflation Reduction Act.
Enphase said that with the new IQ8 microinverters, less additional US-made equipment is needed to meet the domestic content bonus tax credit requirements.