Is Enphase making Money? — Market Mad House

Solar power is hot these days thanks to Joe Biden’s (D-Delaware) victory in the U.S. presidential election.

For instance, solar technology maker Enphase’s share price rose to a high of $128.49 on 19 November 2020. Enphase (NASDAQ: ENPH) began 2020 at $29.34 on 2 January 2020.

Enphase Energy Inc. (NASDAQ: ENPH) manufactures solar power systems and storage systems for solar electricity. Enphase claims to sell the only solar electricity system designed, manufactured, and supported by one company.