Why Enphase Energy Enjoys Abundant Upside
Enphase Energy (NASDAQ: ENPH) has been on a tear over the last three years, with its stock going from under $1 in the summer of 2017 to hovering around $50 as of this writing. And if this solar innovator can deliver on its new and ambitious plans, the party may just be getting started.
Image source: Getty Images.
A solar inverter converts the DC energy generated by a solar module into the AC electricity that powers home appliances. Every solar system, large or small, must use at least one inverter if they want to connect to a power grid.
Source Fool.com
