Enphase laying off 500 citing low demand. Solar is dying.
Every major Solar company is now on the brink of bankruptcy in weeks (Solaredge and Sunnova) or months (Enphase and SunRun). Enphase to preserve cash after 2 years of losses by cutting down operations and eliminating ~20% of its workforce.
https://www.tipranks.com/news/the-fly/enphase-energy-to-cut-roughly-500-employees-and-contractors