Independent, bank-approved engineering firm BEW recently gave Tigo Energy a positive bankability report, which casts Tigo Energy’s PV optimizer as suitable for deployment in commercial and utility-scale bank-owned solar systems.
BEW’s study assessed the PV optimizer’s production, performance and usability and concluded that the company’s design is a simple power circuit topology that uses standard and robust components. The report also gave positive results on Tigo Energy’s fire and arc prevention, increased energy harvest, module-level performance monitoring and intelligent alert systems and the optimizer’s high efficiency.
“Tigo's approach to product design is thorough and professional, and the design verification testing and reliability testing are consistent with industry good practices,” the report states. “The selected contract manufacturer, Inventec, is highly respected and Tigo has adequate processes in place to manage them. Product documentation is complete and the service infrastructure is in place to support the product.”