11 Apr '11, 10pm

Tigo Raises $10 Million For Solar Electronics: Once a somewhat obscure niche in solar, solar electronics are now...

Tigo Raises $10 Million For Solar Electronics: Once a somewhat obscure niche in solar, solar electronics are now...

Tigo Energy, one of a growing flock of startups touting chips and equipment to boost the output of solar panels, has raised $10 million. Tigo’s technology effectively lets solar panels in an array controlled by a centralized inverter operate independently from each other. In conventional string inverter deployments, individual solar panels can only produce as much power as the weakest one. Tigo routes the power from the panels through a device called the Maximizer and thereby masks the real power output of each individual panel for the inverter. In the end, this leads to an increase in power production of 7 to 12 percent. To date, the company has shipped most of its products to the residential market but will place a greater emphasis on the commercial market this year. It will also try to reduce the size and cost of its components through the magic of Moore's Law. Integrat...

Full article: http://www.greentechmedia.com/articles/read/tigo-raises-1...

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