Press Releases

2010

10/07 - SunPower takes different track with smart modules: special interest group to set standards
10/05 - Tigo Energy® and Suntech Collaborate to Develop Smart Panel Technology for Photovoltaic Solar Installations
09/30 - Tigo Energy® Teams with SCHOTT Solar to Bring Electronic Intelligence to Photovoltaic Projects
07/12 - REC Solar Offers Tigo Energy® Maximizer Solution for Commercial and Residential Solar Installations
06/08 - Tigo Energy Closes $10 Million in New Financing to Fuel Global Sales Growth
03/03 - Tigo Energy Accelerates International Expansion

2009

10/19 - CEC Officially Lists Tigo Energy’s Maximizer ES and EP As Eligible Products
09/22 - Tigo Energy Introduces Latest Product Addition to the TIGO Energy™ Maximizer Family at PVSEC in Hamburg
09/10 - Tigo Energy Named a Global Cleantech 100 Clean Technology Company
07/13 - Intersolar News: Tigo Energy Inc. Announces Key Distribution Partner for the Tigo Energy™ Maximizer System
05/26 - Tigo Energy Reaches Key Milestones and Raises $10 Million “B” Round Financing
04/21 - Tigo Energy: Presenting Company At Alternative Energy Innovations Is Named A 2009 FiReStarter
01/27 - Tigo Energy Adds Three Prominent Renewable Energy Industry Veterans to Board of Advisors

2008

10/14 - Tigo Energy Opens Israeli Office & Names Industry Veteran Modi Avrutsky To Oversee Operation
08/28 - Tigo Energy Taps Expertise of Jeff Krisa For Key Sales & Marketing Role
07/15 - Gary Gerber to join Tigo Energy'S Board of Advisors
06/03 - Tigo Energy Announces $6 Million Funding

REC SOLAR OFFERS TIGO ENERGY® MAXIMIZER SOLUTION FOR
COMMERCIAL AND RESIDENTIAL SOLAR INSTALLATIONS
Tigo Maximizer Boosts Output of Solar Arrays by As Much As 20 Percent, Available Throughout the United States under REC Solar Agreement


LOS GATOS and SAN LUIS OBISPO, California, July 12, 2010 – REC Solar, Inc. and Tigo Energy® jointly announced today that the two companies have reached a development agreement to offer the Tigo Energy Maximizer SolutionTM as part of REC Solar’s commercial and residential installations throughout the United States.

REC Solar is one of the leading solar electric providers in the United States, and Tigo Energy has developed a technology that increases power output efficiency, management and control in solar photovoltaic (PV) installations.

The Tigo Energy Maximizer Solution creates smart modules that provide as much as 20 percent more energy production, active management capabilities and enhanced safety for utility, commercial and residential solar arrays.

“Tigo’s Maximizer Solution enables PV systems to output more electricity and achieve an industry-leading level of efficiency,” said Tigo Energy CEO Sam Arditi. “This means REC Solar system owners can harvest the maximum energy and financial return from their solar investment.”

REC Solar began offering Tigo’s Maximizer with its San Francisco Bay Area installations in February and has since extended this availability to its Los Angeles, San Diego and Colorado operations. REC Solar will further expand Maximizer availability this summer to all its territories in the United States.

“REC Solar has installed more solar systems than any system integrator in the nation,” said REC Solar CEO Angiolo Laviziano. “We’re constantly evaluating new technologies that will benefit our customers, and we are excited to offer the Tigo Energy Maximizer Solution as a transformative approach to module level control.”

The Tigo Energy Maximizer Solution
Tigo Energy has developed its innovative Maximizer technology with the goal of accelerating the advance of photovoltaic technologies by addressing key barriers to adoption.

Using innovative power electronics and software, the Maximizer Solution boosts the output of solar arrays up to as much as 20 percent by implementing maximum power point control at the module level, eliminating the negative impact of underperforming panels on the stronger panels.

The Maximizer Solution is compatible with all leading PV panels and inverters and offers a 20-year product warranty.

About Tigo Energy
Based in Los Gatos, California, Tigo Energy was founded in 2007 and focuses on applying innovative technologies to the solar PV space. Tigo Energy has offices in the United States, Japan, Germany and Israel and is commercially shipping volume systems in cooperation with most prominent worldwide solar distributors and EPCs. An expanding list of Tigo Energy’s distribution sales partners can be found at www.tigoenergy.com/distributors.html. Additional information on Tigo Energy is available at www.tigoenergy.com.

About REC Solar, Inc.
REC Solar is an industry leading solar power provider specializing in grid-tied residential and commercial installations. With a local presence in all major solar markets in the USA and millions of watts installed, REC Solar is committed to lowering the cost of solar power through efficient processes, innovative products and outstanding customer service. REC Solar has more than a dozen offices in six states (California, Colorado, Hawaii, Oregon, Arizona and New Jersey). For additional information on REC Solar visit www.recsolar.com or call 1-888-OK-SOLAR (888-657-6527).