Start-up to industry leader 2006 Founded by Raghu Belur and 2008 Martin Fornage in California First microinverter-based solar system introduced 2011 One million microinverters shipped 2012 since inception Listed on NASDAQ under symbol ENPH 2014 Fourth-generation 2015 technology introduced 10 million microinverters shipped since inception 2016 Sixth-generation 2018 IQ technology introduced Seventh-generation IQ technology introduced 2019 One millionth microinverter-based 2020 solar system deployed Started shipping IQ Batteries in North America 2021 Eight-generation IQ technology 2022 introduced Started shipping IQ8 Microinverters in France and the Netherlands 2023 Launched IQ Battery 5P 1414