Enphase Energy, Inc., a leading global energy technology company, has announced a new safe harbor agreement with a major solar and battery financing company. This agreement, which focuses on third-party ownership $(TPO.AU)$ agreements like leases and power purchase agreements, is the second of its kind since the new U.S. federal budget bill was enacted in July 2025. Expected to generate approximately $50 million in revenue, the deal highlights Enphase's active role in the TPO segment, a vital area for growth in U.S. residential solar and battery markets. The agreement covers Enphase's U.S.-manufactured IQ8HC Microinverters, helping future projects maintain eligibility for investment tax credits and domestic content bonus credits. Enphase anticipates more financing providers will adopt similar agreements, enhancing the pipeline for TPO safe harbor agreements under the new regulations.
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