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Tigo Energy Crosses 500-Installation Engagement Mark With Green Glove Program

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Tigo Energy (NASDAQ: TYGO) has announced that over 520 solar installations have enrolled in its Green Glove program, which provides support throughout the installation process. The program, focused on delivering Total Quality Solar, has benefited installers across four continents, with a primary emphasis on the Commercial and Industrial (C&I) market.

The Green Glove process includes a comprehensive design review, on-call support during installation, and post-installation review. Nearly 60% of sign-ups are from North America, with 70% globally coming from the C&I segment. The program aims to drive quality across the solar value chain and share insights from Tigo's extensive experience in the market.

Tigo Energy (NASDAQ: TYGO) ha annunciato che oltre 520 installazioni solari si sono iscritte al suo programma Green Glove, che offre supporto durante tutto il processo di installazione. Il programma, focalizzato sulla fornitura di Solar di Qualità Totale, ha beneficiato gli installatori su quattro continenti, con un'enfasi principale sul mercato Commerciale e Industriale (C&I).

Il processo Green Glove include una revisione del design completa, supporto telefonico durante l'installazione e revisione post-installazione. Quasi il 60% delle adesioni proviene dal Nord America, con il 70% a livello globale che proviene dal segmento C&I. Il programma mira a promuovere la qualità lungo la catena del valore solare e condividere intuizioni dall'ampia esperienza di Tigo nel mercato.

Tigo Energy (NASDAQ: TYGO) ha anunciado que más de 520 instalaciones solares se han inscrito en su programa Green Glove, que ofrece apoyo durante todo el proceso de instalación. El programa, centrado en proporcionar Solar de Calidad Total, ha beneficiado a instaladores en cuatro continentes, con un énfasis principal en el mercado Comercial e Industrial (C&I).

El proceso Green Glove incluye una revisión de diseño integral, soporte telefónico durante la instalación y revisión post-instalación. Casi el 60% de las inscripciones provienen de América del Norte, con el 70% a nivel global proveniente del segmento C&I. El programa tiene como objetivo impulsar la calidad a lo largo de la cadena de valor solar y compartir conocimientos de la amplia experiencia de Tigo en el mercado.

Tigo Energy (NASDAQ: TYGO)는 520개 이상의 태양광 설치가 설치 과정 전반에 걸쳐 지원을 제공하는 Green Glove 프로그램에 등록했다고 발표했습니다. 총 품질 태양광(Total Quality Solar) 제공에 중점을 둔 이 프로그램은 네 개 대륙의 설치업체들에게 혜택을 주었으며, 주로 상업 및 산업(C&I) 시장에 초점을 맞추고 있습니다.

Green Glove 프로세스에는 종합적인 디자인 검토, 설치 중 전화 지원, 설치 후 검토가 포함됩니다. 등록의 거의 60%가 북미에서 발생했으며, 전 세계적으로 70%가 C&I 부문에서 나온 것입니다. 이 프로그램은 태양광 가치 사슬 전반에 걸쳐 품질을 촉진하고 Tigo의 방대한 시장 경험에서 인사이트를 공유하는 것을 목표로 하고 있습니다.

Tigo Energy (NASDAQ: TYGO) a annoncé que plus de 520 installations solaires se sont inscrites à son programme Green Glove, qui fournit un soutien tout au long du processus d'installation. Le programme, axé sur la fourniture de Solar de Qualité Totale, a profité aux installateurs sur quatre continents, avec un accent principal sur le marché Commercial et Industriel (C&I).

Le processus Green Glove comprend un examen complet du design, un soutien téléphonique pendant l'installation et une révision post-installation. Près de 60% des inscriptions proviennent d'Amérique du Nord, avec 70% dans le monde entier provenant du segment C&I. Le programme vise à promouvoir la qualité tout au long de la chaîne de valeur solaire et à partager des perspectives basées sur l'expérience étendue de Tigo sur le marché.

Tigo Energy (NASDAQ: TYGO) hat bekannt gegeben, dass über 520 Solaranlagen sich für sein Green Glove-Programm angemeldet haben, das Unterstützung während des gesamten Installationsprozesses bietet. Das Programm, das sich auf die Bereitstellung von totaler Qualitäts-Solarenergie konzentriert, hat Installateuren auf vier Kontinenten zugutegekommen, mit einem Schwerpunkt auf dem kommerzielle und industrielle (C&I) Markt.

Der Green Glove-Prozess umfasst eine umfassende Entwurfsprüfung, telefonischen Support während der Installation und eine Nachprüfung nach der Installation. Fast 60% der Anmeldungen stammen aus Nordamerika, wobei 70% weltweit aus dem C&I-Segment kommen. Das Programm zielt darauf ab, die Qualität in der gesamten Solarwertschöpfungskette zu fördern und Erkenntnisse aus Tigos umfangreicher Markterfahrung zu teilen.

Positive
  • Over 520 solar installations enrolled in the Green Glove program
  • Program focuses on Commercial and Industrial (C&I) market segment
  • Tigo has experience with tens of thousands of commercial installations
  • Company monitors over 1.5GWh daily
  • Tigo's MLPE platform interfaces with thousands of inverters across dozens of suppliers
Negative
  • None.

Insights

Tigo Energy's Green Glove program, with over 520 installations enrolled, demonstrates the company's commitment to quality assurance in the solar industry. This initiative could potentially enhance Tigo's market position and customer loyalty, particularly in the Commercial and Industrial (C&I) segment, which accounts for 70% of global sign-ups.

The program's focus on Total Quality Solar and comprehensive support throughout the installation process addresses a critical need in the industry. This approach may lead to improved customer satisfaction, reduced installation issues and potentially increased repeat business. However, the direct impact on Tigo's financial performance remains unclear without specific revenue or growth figures tied to this program.

Investors should monitor how this initiative translates into market share gains and financial results in upcoming quarters, particularly in North America, where 60% of sign-ups originate.

Tigo's Green Glove program showcases the company's technological expertise and its ability to provide comprehensive support across various solar system configurations. The program's success in interfacing with thousands of different inverters from dozens of suppliers demonstrates Tigo's versatility and broad market applicability.

The company's experience with Module Level Power Electronics (MLPE) and monitoring of >1.5GWh daily provides a significant data advantage. This wealth of information could drive product improvements and innovation, potentially strengthening Tigo's competitive position in the solar technology market.

However, investors should note that while this program enhances Tigo's service offering, it doesn't necessarily indicate a technological breakthrough or new product launch. The long-term value will depend on how effectively Tigo leverages this program to drive product development and market expansion.

The service program from Tigo creates a crucial link between solar hardware manufacturers, system designers, and installers in pursuit of Total Quality Solar.

CAMPBELL, Calif.--(BUSINESS WIRE)-- Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that more than 520 solar installations have been enrolled in the Tigo Green Glove program, which provides support and resources throughout every phase of system installation. With a primary focus on delivering Total Quality Solar via a premium customer experience for Commercial and Industrial (C&I) installers, the Green Glove program has enriched the installer journey, from design to commissioning, for installers across four continents.

"The Green Glove program has been extremely helpful to me as I work on my first commercial project (500 kWP) using Tigo products,” said Michael P. Stangl, PE, Consulting Engineer at Renewable Power Design Group. “In particular, the Green Glove representative was very competent and answered my questions in a very timely manner. PV Installers need this type of support when using a new product."

The Green Glove process starts with a comprehensive design review before installation, in which Tigo support personnel provide valuable insights and guidance. During installation, Tigo support personnel remain on-call at regional Tigo locations to assist and address any concerns. After installation, a member of the Tigo support team conducts a thorough review and facilitates follow-up discussions, continually addressing outstanding questions and gathering feedback to enhance the installation experience further. Piloted in North America, the region accounts for nearly 60% of Green Glove sign-ups, with nearly 70% of Green Glove sign-ups globally coming from the C&I market segment.

“For Tigo, adopting the Total Quality Solar ethos started with our products and has since expanded far beyond the company walls into what is the Green Glove program today,” said JD Dillon, chief marketing officer at Tigo Energy. “When solar projects go well, you have no shortage of companies ready to publish case studies; when something in solar goes wrong, you never hear about what exactly went amiss. Getting it right is more important than getting credit, and it should be noted that not all systems in the Green Glove program have been Tigo systems. Green Glove participants benefit from a second opinion from a source with thousands of engineering hours spent analyzing issues in C&I installations and a shared commitment to Total Quality Solar."

Through a series of formalized support engagements, the Green Glove program drives quality across the solar value chain with a process that engages installers before, during, and after installation. After more than 15 years in the market, in excess of tens of thousands of commercial installations, and >1.5GWh monitored daily, Tigo is sharing insights into the success factors and the challenges for C&I solar installations. With a Module Level Power Electronics (MLPE) platform that interfaces with thousands of different inverters across dozens of suppliers, Tigo also has a uniquely broad view of a vast set of configurations, situations, challenges, and solutions.

"In the solar industry, we have been innovating and iterating at a pace that could be considered inspirational, if not frantic. We're now at a point where we must focus on both quality and deployment simultaneously," said Nico Jonson, chief executive officer of SunCast Media. "What I appreciate about the Tigo team is the focus on education and doubling down on quality assurance. Tigo has recognized their challenges and, instead of ignoring them, has taken proactive steps to address and fix them."

For an in-depth conversation about the Green Glove program and the history of Total Quality Solar at Tigo, watch Nico Johnson, host of SunCast Media, interview JD Dillon of Tigo for the REsource Labs YouTube channel here. To register for the Green Glove program, please visit the Tigo Energy website.

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.

Technica Communications

Luis de Leon

tigoenergy@technica.inc

Source: Tigo

FAQ

What is Tigo Energy's Green Glove program for solar installations?

Tigo Energy's Green Glove program provides support and resources throughout every phase of solar system installation, from design to commissioning, focusing on delivering Total Quality Solar for Commercial and Industrial (C&I) installers.

How many installations have enrolled in Tigo Energy's (TYGO) Green Glove program?

Over 520 solar installations have been enrolled in Tigo Energy's (TYGO) Green Glove program across four continents.

What percentage of Green Glove sign-ups come from the C&I market segment for Tigo Energy (TYGO)?

Nearly 70% of Green Glove sign-ups globally come from the Commercial and Industrial (C&I) market segment for Tigo Energy (TYGO).

How much energy does Tigo Energy (TYGO) monitor daily through its systems?

Tigo Energy (TYGO) monitors over 1.5GWh daily through its systems.

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