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Update: Enphase Shares Rise After Company Opens US Pre-Orders for Commercial Microinverter

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Enphase Energy (ENPH) shares were up 11% in Wednesday trading after the company said it opened US pre-orders for its new IQ9S-3P Commercial Microinverter.

The product supports high-wattage solar panels up to 770 W and connects directly to three-phase grid configurations without requiring an external transformer, the company said.

Pre-orders allow customers to safe harbor the equipment ahead of upcoming federal tax credit deadlines, the company said.

Price: $41.44, Change: $+3.96, Percent Change: +10.55%

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