Enphase Energy Surges by 11%. Washington is Planning an Import ban on Chinese Solar Inverters

The US government is preparing a far-reaching import ban on Chinese solar inverters for reasons of national security. The stock of US market leader Enphase Energy reacted to the news with a pre-market jump of 11%. With the looming exclusion of subsidized competition from the Far East, the company can optimally monetize its domestic order pipeline of $873.7 million.   Washington plans import ban on Chinese inverters The geopolitical tensions between Washington and Beijing are reaching the critical infrastructure of the Western...