Tigo Energy provides Balance-Of-System (BOS) products and technology containing a balance of hardware and software. Methods, process and experience from the solar, IT and semiconductor industries are applied to build the Tigo Energy advantage. Tigo Energy’s technology compliments current and future solar components. The company works closely with leading designers and high-volume manufacturers of photovoltaic sub-systems; as well as experienced solar installers.
Clal Energy, the energy division of IDB, and Tigo Energy have signed an agreement to distribute Tigo Energy products and technologies for the enhancement of energy output across a wide range of renewable energy projects.
Tigo Energy, a solar energy installation technology provider, has raised $6 million in a round of financing. The round was co-led by Matrix Partners and OVP Venture Partners, and the resulting funds will aid Tigo to increase its output and decrease cost of ownership on solar installations, and provide a more favourable return on investment for the company’s customers.