Reported 2 days ago
Enphase Energy Inc. forecasts a 20% shrinkage in the US residential solar market next year following the expiration of tax credits under Donald Trump's economic legislation. This decline comes amid existing challenges in the industry, including high interest rates and recent bankruptcies of major financiers. To adapt, Enphase plans to pivot towards third-party leasing options to maintain tax incentives and aims to reduce customer acquisition and installation costs.
Source: YAHOO