Microinverter supplier Enphase Energy posted strong Q4 2021 results last week that saw strong revenue growth, following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries compared with Q3 2021, despite supply chain constraints.

Microinverter maker and energy management specialist Enphase has started taking orders from installers for its AC battery for home PV systems in Australia and New Zealand, with shipments to start arriving in August 2016.

Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.