Enphase Energy a darling of wall street in the Solar Technologies finally went for a IPO, although it had to slash the IPO price by 30% to under $7. As of today it is valued around $270 million dollars. Enphase basically designs, develops and manufactures Solar Micro-inverter to be used with individual Solar Panel to export direct AC power to the grid. It is mainly a power electronics company in the solar sector. It is the first company in the solar electronics sector to go for public listing.
Enphase gives confidence to other companies in the similar domain and also for the VC’s to bet on the sector. Other companies will follow the suite.

