"We are pleased that these gentlemen -- each a key leader in the energy sector -- have recognized the potential within Tigo Energy's solar solution," stated
Mr. Cohen, Senior Vice President of IDB Group stated, "Tigo's innovative technology and great people position the company for strong contributions to the Solar Industry. I'm happy to be part of the team."
Speaking of the recent additions to the board of advisors and future of the company, Tigo Energy CEO
According to the company's web site, 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 has raised
In October 2008, Tigo Energy announced the opening of an office in Kfar Saba, Israel, that will focus on the company's engineering activities. Mordechay (Modi) Avrutsky heads Tigo Energy's Israel operation and serves as Vice President of Engineering.
More information about Tigo Energy's technology and business plan is available online in this presentation by the company.