Why solar manufacturer Tigo Energy is setting up US production now

Tigo Energy, which produces hardware and software solutions for solar systems across the world, last week announced a manufacturing partnership with the U.S.-based solar manufacturer and retailer EG4 Electronics.

As part of the new agreement, Tigo, which is headquartered in Silicon Valley, will set up production of optimizers and EG4 inverters in the U.S., and EG4 will bundle them and sell them to customers. The move adds to Tigo’s domestic manufacturing capacity, which has so far been focused mostly in Asia; EG4’s parent company Energy Access Innovations has recently opened a large manufacturing facility in Texas.

According to James Dillon, Tigo’s chief marketing officer, the decision to bring some of the company’s manufacturing capabilities to the U.S. was made with the purpose of taking advantage of the 45X tax credit for clean manufacturing. “The logical trigger was the tax credit,” he told Latitude Media.

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