- Third quarter revenue decreased to $551.1 million from $711.1 million in Q2.
- Non-GAAP operating income decreased 27% in Q3 2023 to $167.6 million.
- IQ8 Microinverters accounted for 86% of Q3 2023 microinverter shipments.
- IQ Battery shipments rose to 86.2 MWh in Q3 2023, up from 82.3 MWh in Q2 2023.
Enphase Energy Q3 2023 earnings misses expectations
Revenue to be between $300M and $350M, including shipments of 80-100MWh IQ Batteries. Illustrated by SolarBytes.
Nova Energy Limited received resource consent for Te Rahui solar farm, scheduled for a financial decision by early 2025. (Image Source: Meridian Energy)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)