Enphase Energy launches IQ EV Charger 2 in Europe as US residential solar market faces 20 per cent contraction

Enphase Energy has rolled out its IQ EV Charger 2 in Europe, integrating solar, battery storage and EV charging in a region with strong policy support. The certified, all weather charger can operate with or without Enphase hardware, aiming to broaden the customer base as the company anticipates a 20 per cent contraction in the US residential solar market. Enphase is positioning its expanded home energy ecosystem to offset expected domestic weakness, though tariffs and competition remain risks.

Why it matters: The European launch signals a strategic pivot for Enphase to diversify revenue streams beyond the US, where residential solar demand is softening. For CPOs and procurement teams, the interoperability of the IQ EV Charger 2 with third party systems may lower integration barriers in home energy projects across incentive backed European markets.