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1st Pan Asia-Africa Results-Based M&E Forum

The first Pan Asia-Africa Results-Based M&E Forum will be held in Bangkok from 26-28 Nov, 2012. (More info)

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Enphase S-1 Update: PV Microinverter Sales Soar

Enphase has been planning its IPO with an SEC registratiion on file since June of 2011. The firm must periodically update that document -- here are some of the new stats:

  • The firm has shipped more than 1.55 million microinverters since its founding, 1 million in 2011 alone.
  • Enphase estimates that represents about 40,000 installations.
  • Canada accounted for 12 percent of revenue in 2011.
  • Net revenues were $20.2 million, $61.7 million and $149.5 million for the years ended December 31, 2009, 2010 and 2011, respectively.
  • Net losses were $16.9 million, $21.8 million and $32.3 million for the years ended December 31, 2009, 2010 and 2011, respectively.
  • The firm[...]

    [Published in GreenNews - Read the original article]