U.S. Senate votes to extend solar, R&D tax credits; SEIA applauds move - 23 September 2008
Solar module price erosion to cause industry fall-out, says Lux Research - 02 October 2008
Moser Baer raises funds for silicon solar and thin film production expansion - 23 September 2008
U.S. House recesses, fails to pass tax bill, leaving solar, R&D credits in doubt - 29 September 2008
REC sold out of wafers for 2010 with $450 million order from Neo Solar Power - 30 September 2008
Timminco updates solar-grade silicon operations, sees production of 1200-1500 metric tons in 2008 - 06 October 2008
Hague signs letter of intent to buy assets of quantum-dot PV cell company Solterra - 06 October 2008
Ogilvy PR lands SunPower global account - 06 October 2008
Xcel’s North Shore Headquarters Selects Hoku Solar - 06 October 2008
Solar cells use old material in new way - 06 October 2008
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.
“By working with energy service providers, panel manufacturers and system integrators, Tigo is mitigating several issues which currently result in sub-optimal solar production on new and existing solar installations,” said Tigo’s co-founder, President and COO, Ron Hadar.
“Tigo is seizing a big opportunity and has a uniquely qualified founding team,” said OVP Venture Partner’s Managing Director John Hull, who will join Tigo’s Board of Directors. “Most solar panel installations today operate significantly below their rated output because of a variety of system issues. Tigo’s potential lies in its ability to dramatically increase this efficiency.”
By Síle Mc Mahon
