CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo”), a leading provider of intelligent solar and energy software solutions, today announced that Zerun Co., LTD., a new energy high-tech enterprise specializing in intelligent photovoltaic deployments, has licensed Tigo rapid shutdown technology for its module-level products. Under the agreement, Zerun products are authorized to use technologies described in many Tigo patents related to rapid shutdown.
Tigo is a leader in rapid shutdown technology and Module Level Power Electronics (MLPE), with more than one hundred fifty (150) patents granted or pending, 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, IEC 63257, and rapid shutdown requirements of the U.S. National Electric Code (NEC). Millions of Tigo MLPE products are installed worldwide, providing optimized, monitored, and safe solar to protect critical solar energy infrastructure and deliver consistent ROI for the lifetime of renewable energy systems.
“We welcome Zerun to the growing group of forward-thinking companies that recognize the importance of innovation and safety in the solar industry,” said Zvi Alon, chairman and CEO at Tigo. “This licensing agreement reinforces our commitment to advancing solar energy with cutting-edge solutions that prioritize safety, reliability, and performance. We look forward to expanding the reach of our patented technologies, driving progress, and creating greater value for solar installers and system owners worldwide.”
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 Energy, Inc. (Nasdaq: TYGO) 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.