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Tigo Energy Named a Global Cleantech 100 Clean Technology Company

Recognized by the Guardian and Cleantech Group for potential and likelihood to achieve high growth and high market impact

Tigo Energy, the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced today it has been named a Global Cleantech 100 company by Guardian News and Media and Cleantech Group™, LLC, providers of leading research, events and advisory services for the cleantech ecosystem.

The Global Cleantech 100 is the first ever list highlighting the most promising private clean technology companies around the world. Supported by the Carbon Trust, the Global Cleantech 100 recognizes companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges.

The final list represents the collective opinion of hundreds of leading experts from cleantech innovation and venture capital companies in EMEA, North America, India and China, combined with the specific input of an expert panel of 35, drawn from well-respected organizations such as Altira Group, Crossover Advisors, Deloitte, Emerald Technology Ventures, Google, Kleiner Perkins Caulfield & Byers, New York Stock Exchange, NGEN Partners, Nth Power, New Enterprise Associates, Sterling Communications, Tsing Capital and Vantage Point Venture Partners.

The panel’s views were combined with insights from the Cleantech Network™, the de facto industry association of international clean technology investors, entrepreneurs, large corporations and other industry insiders. Some 3,500 companies were nominated and reviewed before the final selection.

«The first ever Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is most excited about from a commercial standpoint,» said Richard Youngman, managing partner at Cleantech Group.

«It’s rewarding to know the industry experts recognize Tigo Energy’s technology innovation as a game-changer. As we bring the Tigo Energy™ Maximizer system to market in high volume, we will make an important contribution to making solar more affordable and thus a larger percentage of the global energy mix,» said Ron Hadar, President of Tigo Energy. Tigo will be showcasing the solution, while making important announcements about new products, compliance certification, and sales channels at both the 24th European Photovoltaic Solar Energy Conference (PVSEC) in Hamburg, Germany on 21-25 of September; and at Solar Power International in Anaheim, California, USA on 27-29 of October.

Tigo Energy and other winners are being honored today at Cleantech Forum XXIII in Boston, 8-10 September 2009 and will be celebrated at Cleantech Forum XXIV in Delhi, 15-16 October 2009 and at the Guardian’s UK Cleantech Summit in London on 23 November 2009.