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Tigo Energy, Inc. - TYGO STOCK NEWS

Welcome to our dedicated page for Tigo Energy news (Ticker: TYGO), a resource for investors and traders seeking the latest updates and insights on Tigo Energy stock.

Tigo Energy, Inc. (TYGO) is a trailblazer in the solar energy sector, headquartered in Silicon Valley. The company specializes in designing advanced photovoltaic (PV) solar panel technology leveraging patented impedance matching technology. This innovation allows for the installation of more modules on any roof, accommodating uneven string lengths and various orientations, which enhances both safety and reliability.

Tigo Energy stands out by partnering with module, inverter, and combiner box manufacturers to include its state-of-the-art technologies. These advanced solutions enable efficient arcing, fire, and safety hazard monitoring, providing installers and system owners with the highest return on investment (ROI) by maximizing energy production and system uptime for both new systems and retrofits.

The company's product offerings span solar power conversion and storage, giving customers a broad range of choices and flexibility. Tigo Energy's mission focuses on delivering intelligent hardware and software solutions designed to enhance safety, boost energy yields, and reduce operating costs for residential, commercial, and utility-scale solar systems. The company also offers robust string monitoring, theft prevention, and fleet management solutions, making it a significant player in the field of solar energy technology.

Recently, Tigo Energy has been involved in numerous groundbreaking projects and has formed strategic partnerships aimed at furthering its technological advancements and market reach. These efforts underscore Tigo Energy's commitment to innovation and leadership in the solar power industry.

News

Tigo Energy Provides AI-Powered Energy Demand Insights to CPV Retail Energy with Predict+

Rhea-AI Summary
Tigo Energy, Inc. (TYGO) partners with CPV Retail Energy to integrate Tigo Predict+ technology, enabling highly accurate and customizable energy demand forecasting models. CPV Retail Energy leverages renewable generation assets to provide safe, reliable, cost-effective, and environmentally responsible electric power, offering customized energy plans and 100% renewable electricity solutions. Tigo Predict+ will allow CPV Retail Energy to model precise day-ahead and long-term demand forecasts of customer energy needs accurately, with more than 300 GWh of daily forecasted consumption.
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Tigo Energy Reports Third Quarter and First Nine Months 2023 Financial Results

Rhea-AI Summary
Tigo Energy, Inc. (Tigo) Reports $17.1 Million Revenue for Q3 2023, Down 25.1% from Q3 2022
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-3.98%
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Tigo Energy Announces Preliminary Financial Results and Reporting Date of November 7, 2023 for Fiscal Third Quarter 2023

Rhea-AI Summary
Tigo Energy, Inc. announces preliminary financial results for Q3 2023, with revenue expected to be $17-18 million compared to previous guidance of $41-45 million. Backlog is expected to be $66-68 million. Adjusted EBITDA loss expected. Conference call scheduled for November 7, 2023.
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-28.86%
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Tigo Energy Unveils Industry-First Service Program for Commercial and Industrial Solar Installers

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Tigo Energy launches Green Glove service program for commercial and industrial solar installers worldwide.
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Tigo Energy Expands Mission for Quality in Solar Industry With Green Glove Program

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Tigo Energy launches Green Glove service program for first-time installers of Tigo systems, providing exceptional customer support throughout the installation process. Tigo also introduces Tigo Academy, a training platform for installer skill development.
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Tigo Energy Launches the GO Line of Solar and Storage Energy Products

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Tigo Energy announces new energy products under the GO brand, including the GO ATS and GO Battery for the US market. The GO ATS provides dynamic energy resilience with generator support, while the GO Battery offers high density and surge power. These products deliver advanced features and performance with simplified installation and setup.
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Tigo Energy Sets Fall 2023 Conference Schedule

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Tigo Energy announces fall 2023 schedule for appearances and activities
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Tigo Energy Delivers Advanced Solar Fleet Management and Monitoring Services in Australia

Rhea-AI Summary
Tigo Energy announces deployment of Tigo Fleet Manager by SCE Energy Solutions to monitor over 20,000 solar modules, providing rich system performance data and customizable groupings of systems. SCE Energy Solutions praises the visibility and transformative impact of the technology. Tigo EI Fleet Manager supports all system sizes and use cases. Major solar installation companies like SCE are leveraging the power of energy data to improve customer experience and streamline operations.
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Tigo Energy, Inc. Announces Redemption of Warrants

Rhea-AI Summary
Tigo Energy, Inc. (Nasdaq: TYGO) to redeem all outstanding public and private warrants for $0.01 per warrant. The redemption is triggered by the achievement of a performance threshold of $18.00 per share for twenty trading days within a thirty-day period. Holders can exercise warrants until September 8, 2023, at an exercise price of $11.50 per share. The company has registered the shares of Common Stock underlying the warrants under the Securities Act of 1933.
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Tigo Energy Reports Record Revenues and Gross Profit For Second Quarter 2023

Rhea-AI Summary
Tigo Energy, Inc. (TIGO) Reports 2023 Q2 Revenue of $68.8M with 290% YoY Growth and Gross Profit of $25.9M. The company also announced a net loss of $22.2M and an adjusted EBITDA of $13.6M. Tigo achieved record-setting financial results and completed a business combination agreement with Roth CH Acquisition IV Co. The company expects Q3 revenues within the range of $41M to $45M.
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FAQ

What is the current stock price of Tigo Energy (TYGO)?

The current stock price of Tigo Energy (TYGO) is $0.9543 as of January 28, 2025.

What is the market cap of Tigo Energy (TYGO)?

The market cap of Tigo Energy (TYGO) is approximately 60.7M.

What is Tigo Energy, Inc. known for?

Tigo Energy, Inc. is known for its advanced PV solar panel technology and patented impedance matching technology, enhancing safety, reliability, and energy production.

Where is Tigo Energy headquartered?

Tigo Energy is headquartered in Silicon Valley.

What products does Tigo Energy offer?

Tigo Energy designs solar power conversion and storage products, including advanced monitoring, theft prevention, and fleet management solutions.

What is the mission of Tigo Energy?

Tigo Energy's mission is to deliver smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs for solar systems.

Who are Tigo Energy's partners?

Tigo Energy partners with module, inverter, and combiner box manufacturers to embed its technologies and ensure comprehensive safety and monitoring.

How does Tigo Energy enhance the ROI for its customers?

Tigo Energy enhances ROI by increasing energy production and maximizing system uptime for both new installations and retrofits.

What innovative technologies has Tigo Energy developed?

Tigo Energy has developed patented impedance matching technology and solutions for arcing, fire, and safety hazard monitoring.

What sectors does Tigo Energy serve?

Tigo Energy serves residential, commercial, and utility-scale solar system sectors.

Does Tigo Energy offer safety monitoring solutions?

Yes, Tigo Energy provides advanced safety monitoring solutions, including arcing and fire hazard detection.

What recent achievements has Tigo Energy made?

Tigo Energy has been involved in numerous groundbreaking projects and has formed strategic partnerships to advance its technology and market presence.
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Tigo Energy, Inc.

Nasdaq:TYGO

TYGO Rankings

#4793 Ranked by Market Cap
N/A Ranked by Dividends

TYGO Stock Data

60.74M
29.28M
51.8%
15.19%
0.35%
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