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Tigo Energy

From Alfawiki
Tigo Energy, Inc.
Company typePrivate
IndustryPhotovoltaics
FoundedSilicon Valley, California (2007)
FounderSam Arditi
Ron Hadar
HeadquartersCampbell, California, United States
Area served
Worldwide
Key people
Zvi Alon (CEO)
ProductsPower optimizer
Software as a Service
Number of employees
75 (May 2017)
WebsiteTigoEnergy.com

Tigo Energy is a privately held U.S. company based in Campbell, California. It offers a range of products, technologies, software solutions, and services tailored for installers, distributors, and original equipment manufacturers within the photovoltaic industry, specializing in module-level power optimizers and advanced smart module power electronics.

Established in 2007 by engineers Sam Arditi and Ron Hadar, the firm pioneered the first generation of Smart Module Optimizer technology. Tigo maintains a global footprint with operations spanning the United States, Europe, Latin America, Japan, China, Australia, and the Middle East.

History

Founded by Sam Arditi and Ron Hadar in 2007, Tigo Energy had grown to employ over 70 professionals across more than ten international offices by May 2017.

In December 2011, the company secured $18 million in capital funding led by Bessemer Ventures to expand its manufacturing capabilities and operational scale.

By June 2012, Tigo was awarded $3.5 million from the United States Department of Energy as part of the SunShot incubator initiative focused on lowering costs and improving safety standards for photovoltaic systems.

That same year marked the launch of Tigo’s next-generation technology integrated directly into solar panels during production. These smart modules delivered all advantages of conventional power optimizers without requiring additional hardware installation. Early collaborators included leading solar OEMs such as Trina Solar, Hanwha SolarOne, and Astronergy.

In September 2012, IMS Research identified Tigo as one of three key suppliers commanding 90% of the micro-inverter and power optimizer market share.

October 2020 saw the introduction of the Tigo Enhanced program in partnership with inverter manufacturers like Sungrow, Growatt, Chint Power Systems North America, Yaskawa Solectria Solar, and Canadian Solar. This initiative offers marketing support and compatibility branding to deepen collaboration with partners.

In January 2021, Tigo secured an additional $20 million investment led by Energy Growth Momentum to fuel further business expansion.

August 2021 brought the release of the Tigo TS4-A-S rapid shutdown device featuring module-level monitoring capabilities for solar modules up to 700 watts.

In September 2021, Tigo broadened its portfolio into residential energy solutions by unveiling an inverter and battery storage system under its Tigo EI (Energy Intelligence) brand.

Science and technology

Tigo Energy applies impedance matching techniques to provide power regulation, data tracking, and enhanced safety at the level of individual solar modules. This approach improves both efficiency and protection compared to traditional system-wide methods. The company operates on a software as a service model by hosting client data and delivering comprehensive analytics.

It was a pioneer in integrating power optimizer electronics directly into solar module junction boxes, which lowers both component expenses and installation labor while eliminating the need for separate hardware components.

Products

The TS4 Flex MLPE from Tigo delivers module-level optimization, monitoring capabilities, and rapid shutdown features for solar panels.

Tigo’s EI Residential Solution combines an inverter, battery storage, and an automatic transfer switch (ATS) into a unified system.

The Energy Intelligence Software acts as Tigo’s platform for commissioning and monitoring, facilitating operations, maintenance, and management of solar asset fleets.

External links