Enphase Energy has started shipping its IQ Gateway Fusion system in India, designed to power homes with solar energy even during daytime power cuts without needing a home battery. The system integrates the IQ Gateway, IQ Relay, and a power socket to keep essential appliances running using solar power, and can extend UPS battery life by recharging it with sunlight. This compact, easy-to-install solution supports up to 3,680 W output and helps reduce electricity bills by exporting excess solar energy to the grid. It addresses frequent power outages in India, offering homeowners a reliable and affordable solar backup option.
Enphase Energy shares are trading at USD 32.91 on Pluang as of Oct 08, 2026 19:13 WIB, down 1.76% in the last day. The stock's market cap stands at $4.43 billion, reflecting its significant presence in the energy sector. Trading volume on Pluang reached 3,388,482 shares, with a nearly balanced order activity of 53% sell and 47% buy.
