Tigo Energy Strengthens Solar Rapid Shutdown Technology Patent Portfolio
11 January 2024 - 1:00AM
Business Wire
New patent reinforces the strength of Tigo
Intellectual Property (IP) portfolio and represents the endurance
of return on investment in innovation.
Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of
intelligent solar and energy storage solutions, today announced the
expansion of the Company’s patent portfolio in rapid shutdown
technology with the issuance of U.S. Patent No. 11,855,578. This
patent continues Tigo’s commitment to significantly increase solar
safety by providing enhanced automated shutdown, disconnect, and
solar module power reduction methods. These safety enhancements are
especially important for firefighters and service and installation
crews working near solar modules. The continued success of Tigo's
investments in IP reflects a commitment to innovation and
continuous improvement in solar performance and safety.
Tigo is a leader in rapid shutdown technology and Module Level
Power Electronics (MLPE), with over 150 patents granted or pending.
The Company actively licenses its patented technology to other
solar equipment manufacturers and has prevailed in multiple patent
disputes. Tigo rapid shutdown technology is compliant with UL 1741,
the Standard for Safety for Inverters, Converters, Controllers and
Interconnection System Equipment for Use With Distributed Energy
Resources, the SunSpec Rapid Shutdown Specification, and rapid
shutdown requirements of the U.S National Electric Code (NEC).
"At Tigo Energy, we are dedicated to delivering innovative and
reliable solutions for the solar industry. The strength of the Tigo
IP portfolio is a result of this dedication, coupled with
investments in research and development, and continues to reflect
our commitment to safety and reliability. This commitment extends
beyond mere innovation for innovation's sake but encompasses a
comprehensive drive for quality across the entire solar ecosystem,"
said Zvi Alon, Chairman and CEO at Tigo Energy, Inc. "We firmly
believe that safety and reliability are not solely driven by
innovation but also by providing installers with extensive training
and educational services. Alongside our growing portfolio,
installers can leverage an unprecedented practical solar technology
knowledge base to ensure safe and reliable solutions--a necessity
to keep the industry growing."
Since 2007, Tigo MLPE devices have been deployed in more than
one hundred countries on all seven continents, of which more than 1
GWh of daily solar production is monitored by Tigo Energy
Intelligence. Tigo MLPE products provide optimized, monitored, and
safe solar to protect critical solar energy infrastructure and
deliver consistent ROI for the lifetime of renewable energy
systems.
Tigo products, patents, and licensees related to rapid shutdown
systems can be viewed at the Tigo Virtual Patent Marking for Rapid
Shutdown Devices webpage. For more information about the portfolio
of Tigo Flex MLPE solutions, please visit the Tigo website, and
keep up with the latest news by signing up for the Tigo newsletter
here.
About Tigo Energy
Founded in 2007, Tigo is a worldwide leader in the development
and manufacture of smart hardware and software solutions that
enhance safety, increase energy yield, and lower operating costs of
residential, commercial, and utility-scale solar systems. Tigo
combines its Flex MLPE (Module Level Power Electronics) and solar
optimizer technology with intelligent, cloud-based software
capabilities for advanced energy monitoring and control. Tigo MLPE
products maximize performance, enable real-time energy monitoring,
and provide code-required rapid shutdown at the module level. The
company also develops and manufactures products such as inverters
and battery storage systems for the residential solar-plus-storage
market. For more information, please visit www.tigoenergy.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240110129281/en/
Technica Communications Cait Caviness Email:
tigoenergy@technica.inc
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