Tigo Wins $3.5-Million DOE SunShot Award (+ Solar Energy News Roundup)
Tigo Energy®, the market leader in solar optimization technology for photovoltaic (PV) solar installations, [last week] announced it has received one of ten Department of Energy SunShot investments aimed at reducing soft costs associated with solar energy installations.
The award of up to $500,000 will be used to develop software that will further reduce the costs associated with installation, commissioning, and operations & maintenance by providing tools to monitor and manage PV systems. Tigo Energy will use this award to fund module-level monitoring software that analyzes data from solar installations and other sources, such as observed weather conditions. The software is designed to proactively pinpoint faults in a system and assess the financial benefits of service and maintenance by weighing repair costs against the value of energy lost, allowing system owners and plant managers to make intelligent decisions regarding O&M expenditures.
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