What is the company's revenue from the four Southeastern countries
on to ease. I think indications are that it's improving, but obviously, that's going to be a process because with the congestion at the ports coming in and out, even if -- as things begin to relax, it's going to take some time for stuff to flow through freely. On a more strategic level, when we look at the ramp in our business and especially project into 2023, we are already talking of volumes of components that require call it, attention and real high-volume, long-term agreements with some of the component suppliers. And that's something that we've been active in the last three months is really going between them meeting -- sharing our forecasts, aligning with many of them that are placing renewable energy higher on their priority list and making sure that as part of their expansion plans for the next 12 to 24 months, they're building in the type of capacity that we expect to need looking at the momentum of our business.
And this is across the board. It's transistors. It's IGBTs. It's ASICs from the foundries.
With each one of these key suppliers, we are aligning the midterm forecast and building the relationship to ensure the supply that we need. So the short term, we hope that challenges ease in Shanghai, in particular, and in Asia, in general, the flow will resume, and it will make our next couple of quarters or especially from Q3, a bit easier. Looking into 2023, it's really already about increasing significantly the capacity at some of our suppliers and a more strategic relationships with some of these key component manufacturers.
Mark Strouse -- J.P. Morgan -- Analyst
OK, very helpful. Thank you.
Operator
We'll take our next question from Laura Sanchez with Morgan Stanley. Please go ahead.
Laura Sanchez -- Morgan Stanley -- Analyst
Hi. Thank you so much. Thank you for taking my question. I think if I can go back to the DOC investigation.
I'm wondering, do you think installers have sufficient inventories to supply demand for the rest of the year or is it that installers can pass the higher cost to customers in case they start importing from China?
Zvi Lando -- Chief Executive Officer
So I think it's probably a little bit of both. And obviously, it starts with the distributors. And I believe, in particular for residential, the distributors probably have some level of inventory and the distributors and installers still have some room to modify pricing without impacting demand. At a certain point, at a certain point, obviously, that's -- the increase in pricing is going to begin to impact to impact the demand.
So I think the duration of this unstable environment is going to be critical to understand if it's a -- if it's a bump, that's just because the whole industry is driving so fast, we are going to pass over without a major impact or if it's a longer and higher bump, it will begin to have some impact toward the end of the year and beginning of next year starting from utility, obviously, which is already impacted, then shifting over to C&I and maybe eventually reaching residential. But probably, it will take longer for that to happen. And hopefully, this whole crisis will be resolved fast enough not to see this type of dynamic.
Laura Sanchez -- Morgan Stanley -- Analyst
Understood. And as a follow-up, do you think, let's say, like the supply in those four southeastern countries. Do you think it's possible that they can start supplying the strong demand in Europe, in which case, as you highlighted before, a lot of your revenues, I think over 50%, comes from Europe. So I'm trying to think or see if there could be -- if we see an impact in the U.S.
from the DOC investigation, if that could be potentially offset by stronger demand in Europe, especially if there is a manufacturing constraint that now those four Southeastern countries could supply?
Zvi Lando -- Chief Executive Officer
I think, and again, I'm not necessarily that they have exact data, but naturally, that makes a lot of sense. And there has been some messaging about module companies that are diverting capacity -- module capacity that was intended for the U.
on to ease. I think indications are that it's improving, but obviously, that's going to be a process because with the congestion at the ports coming in and out, even if -- as things begin to relax, it's going to take some time for stuff to flow through freely. On a more strategic level, when we look at the ramp in our business and especially project into 2023, we are already talking of volumes of components that require call it, attention and real high-volume, long-term agreements with some of the component suppliers. And that's something that we've been active in the last three months is really going between them meeting -- sharing our forecasts, aligning with many of them that are placing renewable energy higher on their priority list and making sure that as part of their expansion plans for the next 12 to 24 months, they're building in the type of capacity that we expect to need looking at the momentum of our business.
And this is across the board. It's transistors. It's IGBTs. It's ASICs from the foundries.
With each one of these key suppliers, we are aligning the midterm forecast and building the relationship to ensure the supply that we need. So the short term, we hope that challenges ease in Shanghai, in particular, and in Asia, in general, the flow will resume, and it will make our next couple of quarters or especially from Q3, a bit easier. Looking into 2023, it's really already about increasing significantly the capacity at some of our suppliers and a more strategic relationships with some of these key component manufacturers.
Mark Strouse -- J.P. Morgan -- Analyst
OK, very helpful. Thank you.
Operator
We'll take our next question from Laura Sanchez with Morgan Stanley. Please go ahead.
Laura Sanchez -- Morgan Stanley -- Analyst
Hi. Thank you so much. Thank you for taking my question. I think if I can go back to the DOC investigation.
I'm wondering, do you think installers have sufficient inventories to supply demand for the rest of the year or is it that installers can pass the higher cost to customers in case they start importing from China?
Zvi Lando -- Chief Executive Officer
 So I think it's probably a little bit of both. And obviously, it starts with the distributors. And I believe, in particular for residential, the distributors probably have some level of inventory and the distributors and installers still have some room to modify pricing without impacting demand. At a certain point, at a certain point, obviously, that's -- the increase in pricing is going to begin to impact to impact the demand.
So I think the duration of this unstable environment is going to be critical to understand if it's a -- if it's a bump, that's just because the whole industry is driving so fast, we are going to pass over without a major impact or if it's a longer and higher bump, it will begin to have some impact toward the end of the year and beginning of next year starting from utility, obviously, which is already impacted, then shifting over to C&I and maybe eventually reaching residential. But probably, it will take longer for that to happen. And hopefully, this whole crisis will be resolved fast enough not to see this type of dynamic.
Laura Sanchez -- Morgan Stanley -- Analyst
Understood. And as a follow-up, do you think, let's say, like the supply in those four southeastern countries. Do you think it's possible that they can start supplying the strong demand in Europe, in which case, as you highlighted before, a lot of your revenues, I think over 50%, comes from Europe. So I'm trying to think or see if there could be -- if we see an impact in the U.S.
from the DOC investigation, if that could be potentially offset by stronger demand in Europe, especially if there is a manufacturing constraint that now those four Southeastern countries could supply?
Zvi Lando -- Chief Executive Officer
I think, and again, I'm not necessarily that they have exact data, but naturally, that makes a lot of sense. And there has been some messaging about module companies that are diverting capacity -- module capacity that was intended for the U.