Enphase Energy Accelerates European EV Charging Expansion with IQ EV Charger 2

FREMONT, Calif., July 10, 2025 – Enphase Energy, Inc. (NASDAQ: ENPH), a global leader in energy technology and the world's foremost supplier of microinverter-based solar and battery systems, today announced a significant expansion of its electric vehicle (EV) charging solutions across Europe. Production shipments of its cutting-edge IQ® EV Charger 2 have now commenced in Greece, Romania, Ireland, and Poland, marking a strategic move to capture a larger share of the rapidly growing European EV market.

This expansion underscores Enphase's commitment to providing integrated, intelligent energy solutions that seamlessly connect solar generation, battery storage, and EV charging. The IQ EV Charger 2 is engineered for versatility, designed to operate in perfect synergy with existing Enphase solar and battery systems, offering homeowners a unified energy management platform. Alternatively, it can function as a powerful standalone charger, catering to a broader range of consumer needs and installation scenarios.

Key Market Penetration and Certifications

Beyond the new market entries, Enphase has achieved a significant milestone in France. The IQ EV Charger 2 has been awarded the prestigious E.V. READY certification, one of the country's highest quality standards for EV charging infrastructure. This certification not only validates the product's superior quality and safety but also enhances its market credibility and adoption potential within France, a key European market for EV growth.

Furthermore, the IQ EV Charger 2 in France can now integrate directly with the “Linky” smart meter. This integration is a game-changer, enabling dynamic load balancing for standalone charger installations. Dynamic load balancing intelligently adjusts charging power based on real-time household electricity consumption and grid availability, preventing circuit overloads and optimizing energy usage. This feature is particularly valuable in regions with fluctuating grid conditions or for consumers looking to minimize their electricity bills by charging during off-peak hours.

Strategic Implications for Enphase and the European Market

Enphase's aggressive expansion into these new European markets, coupled with critical certifications and smart meter integration, positions the company strongly within the burgeoning EV charging ecosystem. The European Union is at the forefront of EV adoption, driven by ambitious climate targets and supportive government policies. Countries like Greece, Romania, Ireland, and Poland represent significant growth opportunities as their EV infrastructure matures and consumer adoption accelerates.

This move aligns with the broader trend of energy convergence, where solar, storage, and EV charging are increasingly viewed as interconnected components of a holistic home energy system. Enphase's integrated approach offers a distinct competitive advantage over standalone EV charger manufacturers, providing a more comprehensive and efficient solution for homeowners.

Investment Insights

For investors, this announcement highlights several positive indicators for Enphase Energy (ENPH). The expansion into new European markets signals continued revenue growth potential and market share gains in the high-growth EV charging sector. The E.V. READY certification in France and Linky meter integration demonstrate Enphase's commitment to product quality, innovation, and adaptability to local market requirements, which can drive faster adoption rates.

Investors should monitor the pace of adoption in these new markets and the impact of smart meter integration on customer satisfaction and energy savings. This strategic product development and market expansion reinforce Enphase's position as a diversified energy technology company, reducing reliance solely on solar microinverters and expanding its total addressable market. The company's ability to offer a complete ecosystem of energy solutions – from generation to storage to consumption – strengthens its long-term competitive moat and financial outlook.

Future Outlook

Enphase Energy's continued innovation in smart energy management and its strategic geographic expansion are crucial for its sustained growth. As global energy demands shift towards electrification and renewable sources, integrated solutions like the IQ EV Charger 2 will play a pivotal role. The company's focus on seamless integration and intelligent features positions it well to capitalize on the evolving energy landscape, offering both environmental benefits and economic advantages to consumers.

This expansion is a testament to Enphase's robust product development pipeline and its effective go-to-market strategy, promising continued positive momentum for the company in the coming years.