Enphase Energy Partners with Capital Good Fund to Support 24 MW Solar Projects in US

Enphase Energy Partners with Capital Good Fund to Support 24 MW Solar Projects in the US
Enphase Energy Partners with Capital Good Fund to Support 24 MW Solar Projects in the US

Enphase Energy has announced a new partnership with Capital Good Fund, a non-profit community development financial institution (CDFI), to support approximately 24 MW of small commercial and residential solar projects across Georgia and Pennsylvania, in the US.

Capital Good Fund operates the BRIGHT program, which delivers low-cost solar PPAs to non-profits, houses of worship, affordable housing developments, municipal facilities, and small businesses, as well as solar leases for low- and moderate-income (LMI) homeowners, the company stated.

Andy Posner, Founder and CEO of Capital Good Fund, said, “Enphase has been a trusted partner for years, and this agreement deepens that relationship. The 25-year limited warranty, flexibility, and support that Enphase provides give us the certainty we need to move forward confidently on behalf of the community organisations and homeowners we serve. We are excited to continue advancing our mission through BRIGHT by making the benefits of solar more accessible and affordable to all.”

This agreement is expected to expand deployments of Enphase’s IQ8P-3P and IQ9N-3P microinverters supplied from manufacturing facilities in the US. Enphase recently began production shipments of its IQ9 Commercial Microinverter in the US, the company’s first microinverter powered by gallium nitride (GaN) technology and designed for three-phase 480Y/277 V (wye) grid configurations, the company stated.

It further added that both IQ8 and IQ9 Microinverters with ‘DOM’ suffix SKUs are manufactured with domestic content in US facilities, which can help eligible projects qualify for the domestic content bonus tax credit and align with evolving US sourcing requirements.

Ken Fong, Senior Vice President of Sales at Enphase Energy, said, “Small commercial and residential projects demand technology that performs reliably for decades, and Enphase delivers. Our microinverter systems are designed to support long-term reliability, panel-level visibility, and strong operational performance for asset owners and TPO providers like Capital Good Fund.”

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