Company Directory - Enphase Energy, Inc.
Company Details - Enphase Energy, Inc.
Enphase Energy, Inc.
WebsitePetaluma, United States
Enphase Energy is a global energy management technology company that delivers software-driven solar energy solutions to residential and commercial customers. They specialize in solar micro-inverters, energy management systems, and storage solutions, enabling effective utilization of solar energy.
CCI Score
CCI Score: Enphase Energy, Inc.
-15.03
Latest Event
Enphase Energy Political Contribution in 2024 Cycle
According to OpenSecrets, Enphase Energy made a minimal contribution of $40 to a Democratic entity during the 2024 election cycle, with data released on February 06, 2025. While the donation is token in size, it supports progressive, anti-fascist political engagement.
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ENABLER
Enphase Energy, Inc. is currently rated as an Enabler.
Latest Events
- FEB062025
According to OpenSecrets, Enphase Energy made a minimal contribution of $40 to a Democratic entity during the 2024 election cycle, with data released on February 06, 2025. While the donation is token in size, it supports progressive, anti-fascist political engagement.
+5
Political Contributions and Lobbying Efforts
June 30
The company's small donation of $40 to a Democratic cause, while modest, aligns it with anti-fascist political behavior. The action supports progressive values, though the contribution is token and therefore only scores moderately positive.
- FEB062025
OpenSecrets has released aggregated data on Enphase Energy's political contributions, detailing donations of $200 or more from PACs and individuals to federal candidates and political parties for the current election cycle. The data comes as part of the Federal Election Commission's reporting, released on February 06, 2025.
+0
Political Contributions and Lobbying Efforts
June 30
The event presents data on Enphase Energy's political contributions without indicating a bias toward either authoritarian or anti-fascist financial support. In the absence of detailed contextual evidence linking these contributions to fascist or progressive agendas, the score remains neutral.
- NOV112024
Enphase Energy announced a restructuring plan involving a 17% cut of its global workforce, affecting roughly 500 employees and contractors, as part of a cost-reduction and operational streamlining effort that includes shutting down contract manufacturing in Mexico.
-60
Labor Relations and Human Rights Practices
June 30
The decision to cut 17% of the workforce undermines worker security and fair labor practices. From an anti-fascist perspective that advocates for strong labor rights and equitable treatment of workers, this restructuring negatively impacts vulnerable employees. The move reflects a cost-cutting strategy that prioritizes profit over human rights.
Enphase Energy to cut 17% of workforce, shut down production in Mexico
- NOV082024
Enphase Energy announced plans to reduce its global workforce by about 17%, impacting approximately 500 employees and contractors, as part of a restructuring effort to address market challenges and declining residential solar demand.
-50
Labor Relations and Human Rights Practices
June 30
The decision to lay off 17% of its workforce, impacting around 500 employees and contractors, represents a severe blow to worker rights and labor security. This large-scale reduction, driven by market challenges and cost-cutting measures, undermines ethical employment practices and worker protections, marking a negative action from an anti-fascist and labor rights perspective.
Enphase Energy to Lay off 17% of Workforce, Take up to $20 Million in Charges
- NOV082024
Enphase Energy, a solar energy technology company, announced the layoff of approximately 500 workers amid ongoing economic challenges in the solar industry. The layoffs, detailed in a November 8, 2024 SEC filing and reported by POWER Magazine, are part of a broader cost-cutting initiative that includes consolidating manufacturing operations. The CEO stated that these cuts are aimed at managing the tough market conditions and are not politically motivated.
-40
Labor Relations and Human Rights Practices
June 30
The decision to lay off 500 workers significantly impacts labor rights and job security, reflecting a troubling approach to workforce management. Such large-scale layoffs in a challenging market can undermine workers' rights and contribute to economic instability among vulnerable employee groups.
- JUL102023
President Biden announced a $60 million investment in Enphase Energy that will support the opening of its first US-based contract manufacturing facility, creating 1,800 jobs and expanding clean-energy supply chains. This event underscores a collaboration between the company and the administration's economic agenda focused on domestic production and job creation.
+70
Public and Political Behavior
June 30
Enphase Energy's involvement in a government-backed $60 million investment highlights its positive alignment with democratic economic policies. By supporting domestic manufacturing and job creation, the company contributes to a stronger, more resilient economy, countering authoritarian economic practices.
+80
Economic and Structural Influence
June 30
The investment facilitates Enphase Energy’s shift towards domestic manufacturing by establishing its first US-based contract facility. This move not only creates 1,800 jobs but also enhances economic resilience by reducing dependence on overseas manufacturing, promoting ethical structural economic influence consistent with democratic principles.
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Corporate Financials
- Revenue
- 2025
- $1.20B
- Total Assets
- 2025
- $2.50B
- Operating Income
- 2025
- $250.00M
- Total Equity
- 2025
- $1.50B
Employees: 2,000
Industries
- 221118
- Other Electric Power Generation
- 335999
- All Other Miscellaneous Electrical Equipment and Component Manufacturing
- 541330
- Engineering Services