Why Enphase Energy Stock Just Popped 7%

Last week, news that Enphase Energy (NASDAQ: ENPH) was teaming up with SunPower Corporation to create a new solar module incorporating SunPower solar panels and Enphase microinverters helped push up Enphase stock 3.7%.

Today, a similar deal -- this time between Enphase and Australia's REA Solar -- is having nearly twice the effect on Enphase shares, which are up 6.8% as of 11:40 a.m. EDT.

Image source: Getty Images.

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Source Fool.com