Press Releases

2012

02/28 - Leading Solar Module OEMs To Display Next-Generation Tigo Energy Technology During PV Expo Japan

2011

12/12 - Tigo Energy® Raises Additional Capital Resources To Accelerate The Growth Of Their Solar Smartmodules
12/05 - Eclipsall and Tigo Energy® Announce Supply Agreement
10/19 - Tigo Energy® Partners With Leading PV Module Manufacturers To Deliver Solar Smart Modules
05/25 - Tigo Energy® Named Intersolar Award 2011 Finalist In Photovoltaics
04/06 -Tigo Energy® Expands Executive Team With The Addition of a Chief Financial Officer

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® MaximizerTM 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

Tigo Energy Opens Israeli Office & Names Industry Veteran Modi Avrutsky To Oversee Operation


Los Gatos, CA – October 14, 2008, Tigo Energy, the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced the opening of its first international office. The facility which is in Kfar Saba, just outside of Tel Aviv, will focus on the company’s engineering activities in the power design domain.

According to CEO Sam Arditi, “Given Israel’s reputation in engineering and the refinement of sophisticated technology, setting up our power design operations in Kfar Saba was most logical.” He added, “Tigo is part of a critical global industry that will give both Israel and the United States a chance to lead, particularly in these uncertain financial times.”

Tigo has recruited Mordechay (Modi) Avrutsky to head the operation. Avrutsky will serve as the VP Power Products R&D and site General Manager.

Industry veterans familiar with Avrutsky’s engineering and management track record applaud his appointment by the company whose founders are both Israeli-Americans with stellar reputations at successfully building businesses.

Mr. Avrutsky joins Tigo after a highly accomplished, twenty-three year tenure at Enercon Ltd. – a US and Israel based leader in power electronics. He joined Enercon as a development engineer in the mid-'80s, where he applied and expanded his experience in power design and manufacturing. Avrutsky held a series of progressively more challenging engineering roles, specializing in the design, production and certification of power systems for the most demanding military and industrial applications - including renewable energy and space projects.

Mr. Avrutsky most recently reported directly to the Enercon CEO as General Manager of Engineering where he drove all technical aspects of engineering, manufacturing and customer support. He brings vast experience in electrical, mechanical and thermal design; durability and reliability optimization; and compliance / acceptance testing to his position at Tigo.

Mr. Avrutsky received his Bachelor's Degree in Electronic Engineering from Ben Gurion University in Israel.

Tigo Energy builds hardware and software intelligence into solar energy installations, making them more efficient, more manageable, and safer. By maximizing the energy output of each individual module, Tigo’s advanced, balance of system products, deliver lower cost of ownership and a faster return on investment for existing and new solar installations. Started in 2007, Tigo raised six million dollars in a round led by Matrix and OVP Venture Partners, and successfully deployed alpha installations in Northern California in cooperation with two of the most prominent regional installers.