Tigo Energy Inc. (TYGO)
NASDAQ (CM) NASDAQ (CM) Primary Summary
All You Need to Know About Tigo Energy, Inc. (TYGO) Rating Upgrade to Buy
Tigo Energy, Inc. (TYGO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are Oils-Energy Stocks Lagging Tigo Energy, Inc. (TYGO) This Year?
Here is how Tigo Energy, Inc. (TYGO) and W&T Offshore (WTI) have performed compared to their sector so far this year.
Tigo Energy, Inc. (TYGO) Upgraded to Buy: Here's Why
Tigo Energy, Inc. (TYGO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Tigo Energy Inc. Profile
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Zvi Alon CEO | NASDAQ (CM) Exchange | 88675P103 CUSIP |
| US Country | 140 Employees | - Last Dividend | - Last Split | 3 Sep 2021 IPO Date |
Overview
Tigo Energy, Inc. is at the forefront of intelligent solar and energy storage solutions, revolutionizing the way solar energy systems operate. Founded in 2007 and headquartered in Campbell, California, Tigo Energy has dedicated its efforts to improving the efficiency, safety, and manageability of solar energy systems across various sectors, including residential, commercial, and utility-scale installations. By integrating advanced technology with solar energy applications, Tigo Energy aims to optimize energy production, enhance system safety, and reduce operational costs, making solar energy more accessible and effective for a wide range of users.
Products and Services
- Flex MLPE (Module Level Power Electronics)
Tigo Energy's Flex MLPE technology is designed to maximize the performance of solar panels by optimizing each module's output. This innovation is crucial for overcoming common issues like shading or panel mismatch, ensuring that solar systems operate at their highest possible efficiency. Flex MLPE technology not only boosts energy production but also enhances the safety and longevity of solar installations.
- Solar Optimizer Technology
The company's solar optimizer technology works in conjunction with Flex MLPE to further increase the energy yield of solar systems. By adjusting the voltage and current of individual solar modules, this technology ensures that the solar array generates the maximum amount of power under all conditions. This optimization helps in achieving significant improvements in overall system performance and energy yield, making solar investments more profitable over time.
- Cloud-based Software for Energy Monitoring and Control
Tigo Energy also offers cloud-based software solutions that provide comprehensive energy monitoring and control capabilities. This platform enables system owners and operators to track the performance of their solar installations in real-time, from anywhere. The software provides valuable insights into system operations, helping to identify and address issues promptly, further optimizing performance and extending the system's life.
- Inverters and Battery Storage Systems
Understanding the growing need for energy storage in conjunction with solar energy production, Tigo Energy has developed a range of inverters and battery storage systems specifically designed for residential solar-plus-storage applications. These products are engineered to seamlessly integrate with solar installations, allowing homeowners to store excess energy for use during peak demand periods or outages, thus maximizing their energy independence and savings.
- Rapid Shutdown Products
To comply with code-required safety standards, Tigo Energy provides rapid shutdown solutions tailored for solar systems. These products are vital for ensuring the safety of solar installations by enabling quick disconnection of power in emergency situations. Tigo Energy’s rapid shutdown solutions are an essential component of modern solar systems, providing peace of mind for system owners and operators by enhancing overall system safety.
