Enphase Energy surges by 11%. Washington plans 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 USD 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...