Enphase Energy announced the first shipment of seventh-generation Enphase IQ microinverters produced in Mexico as part of its expanded manufacturing agreement with Flex. As previously announced, Enphase plans to sell products produced in Mexico into the U.S. market to mitigate tariffs, increase global capacity and improve customer delivery times.
“In September 2018, we announced the expansion of our manufacturing partnership with Flex in Mexico to better serve our customers while maintaining our core competency in product quality,” said Badri Kothandaraman, CEO at Enphase Energy. “The hard work of product qualification is now behind us. As we ramp production steadily over the next two to three quarters, we expect to reduce our cycle times and streamline our inventory, while maintaining cost parity and excellent quality. This manufacturing expansion shows that our collaboration with Flex allows us to mitigate tariff risk quickly, wherever that risk may arise. I want to thank Flex for being such a strong partner in our global manufacturing strategy.”
The Trump administration has threatened imposing tariffs on Mexico too, but a June agreement between the two countries avoided it for the time being. President Trump tweeted that he still reserves the right to impose tariffs in the future, though.
News item from Enphase Energy