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Tigo Energy Customer to Deploy Brazil’s Largest Floating Solar Plant With 97,200 Optimizers

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Tigo Energy (NASDAQ: TYGO) announced that Apollo Flutuantes will deploy 97,200 Tigo optimizers in Brazil's largest floating solar plant. The project, set for completion in December 2025, will be located on the Lajeado Hydroelectric Power Plant reservoir in Tocantins. The installation will feature eighteen solar islands equipped with Tigo TS4-X-O MLPE devices supporting solar modules up to 800W at 25A, providing optimization, module-level monitoring, and safety features. The project includes innovative high-albedo platforms to maximize energy output from bifacial modules, demonstrating the potential of floating solar to leverage Brazil's water resources while minimizing land use.

Tigo Energy (NASDAQ: TYGO) ha annunciato che Apollo Flutuantes installerà 97.200 ottimizzatori Tigo nella più grande piantagione solare galleggiante del Brasile. Il progetto, previsto per il completamento entro dicembre 2025, sorgerà sul bacino della Centrale Idroelettrica di Lajeado, in Tocantins. L'installazione presenterà diciotto isole solari dotate di dispositivi Tigo TS4-X-O MLPE in grado di supportare moduli solari fino a 800W a 25A, fornendo ottimizzazione, monitoraggio a livello di modulo e funzionalità di sicurezza. Il progetto include innovative piattaforme ad alta albedo per massimizzare la produzione energetica dai moduli bifaciali, dimostrando il potenziale del solare galleggiante per sfruttare le risorse idriche del Brasile, riducendo al contempo l'uso del suolo.

Tigo Energy (NASDAQ: TYGO) anunció que Apollo Flutuantes desplegará 97,200 optimizadores Tigo en la planta solar flotante más grande de Brasil. El proyecto, que se completará en diciembre de 2025, estará ubicado en el embalse de la Central Hidroeléctrica de Lajeado, en Tocantins. La instalación contará con dieciocho islas solares equipadas con dispositivos Tigo TS4-X-O MLPE que soportan módulos solares de hasta 800W a 25A, proporcionando optimización, monitoreo a nivel de módulo y características de seguridad. El proyecto incluye plataformas innovadoras de alto albedo para maximizar la producción de energía de módulos bifaciales, demostrando el potencial de la energía solar flotante para aprovechar los recursos hídricos de Brasil mientras se minimiza el uso de tierra.

Tigo Energy (NASDAQ: TYGO)는 Apollo Flutuantes가 브라질 최대의 부유식 태양광 발전소에 97,200개의 Tigo 최적기를 설치할 것이라고 발표했습니다. 이 프로젝트는 2025년 12월 완료될 예정이며, 토카틴스의 라헤아두 수력 발전소 저수지에 위치할 것입니다. 이 설치는 Tigo TS4-X-O MLPE 장치를 갖춘 18개의 태양광 섬으로 구성되며, 최대 800W의 모듈을 25A로 지원하여 최적화, 모듈 수준의 모니터링 및 안전 기능을 제공합니다. 또한, 이 프로젝트는 이면 조명이 높은 혁신적인 플랫폼을 포함하여 이면이 있는 모듈에서 에너지 출력을 극대화하여 부유식 태양광이 브라질의 수자원을 활용하고 토지 사용을 최소화할 수 있는 잠재력을 보여줍니다.

Tigo Energy (NASDAQ: TYGO) a annoncé qu'Apollo Flutuantes déploiera 97 200 optimisateurs Tigo dans la plus grande centrale solaire flottante du Brésil. Le projet, qui devrait être achevé en décembre 2025, sera situé sur le réservoir de la centrale hydroélectrique de Lajeado, au Tocantins. L'installation comportera dix-huit îles solaires équipées de dispositifs Tigo TS4-X-O MLPE pouvant soutenir des modules solaires allant jusqu'à 800W à 25A, offrant optimisation, surveillance au niveau des modules et fonctionnalités de sécurité. Le projet comprend des plateformes innovantes à haute albédo pour maximiser la production d'énergie des modules bifaciaux, démontrant le potentiel de l'énergie solaire flottante pour tirer parti des ressources en eau du Brésil tout en minimisant l'utilisation des terres.

Tigo Energy (NASDAQ: TYGO) gab bekannt, dass Apollo Flutuantes 97.200 Tigo-Optimierer im größten schwimmenden Solarpark Brasiliens installieren wird. Das Projekt, das bis Dezember 2025 abgeschlossen sein soll, wird im Stausee des Wasserkraftwerks Lajeado in Tocantins angesiedelt sein. Die Installation wird aus achtzehn solaren Inseln bestehen, die mit Tigo TS4-X-O MLPE-Geräten ausgestattet sind und Solarmodule mit bis zu 800W bei 25A unterstützen, wodurch Optimierung, Modulfebene-Überwachung und Sicherheitsfunktionen bereitgestellt werden. Das Projekt umfasst innovative Hochalbedo-Plattformen zur Maximierung der Energieausbeute von bifacialen Modulen und demonstriert das Potenzial der schwimmenden Solarenergie, die Wasserressourcen Brasiliens zu nutzen und gleichzeitig den Flächenbedarf zu minimieren.

Positive
  • Secured major contract for 97,200 optimizer units in Brazil's largest floating solar plant
  • Project demonstrates scalability of Tigo's technology for large installations
  • Technology supports high-power modules up to 800W, showing product advancement
Negative
  • Project completion not until December 2025, indicating delayed revenue recognition

Insights

This 97,200-optimizer contract represents a significant win for Tigo Energy in Brazil's expanding solar market. The project's scale and innovative floating design mark a strategic positioning in Brazil's renewable sector, currently ranked 8th globally for solar generation. The deal's value, while not directly disclosed, is substantial given the volume of optimizers and the project's scope.

The contract demonstrates Tigo's ability to secure large-scale utility projects, particularly noteworthy for a company with a market cap of $72.5M. The implementation timeline through December 2025 provides steady revenue visibility. Key competitive advantages include the TS4-X-O's compatibility with high-power 800W modules and dual monitoring capabilities through wireless and PLC communications, positioning Tigo strongly in the utility-scale segment.

The technical specifications of this deployment showcase several innovative elements:

  • High-albedo platforms optimizing bifacial module performance
  • Module-level power electronics (MLPE) supporting up to 800W/25A modules
  • Dual-communication capability (wireless and PLC)
  • Granular monitoring at the module level
The rapid shutdown feature through optimizer technology is particularly important for floating installations, where maintenance safety is paramount. This implementation validates Tigo's technology scalability for utility-grade projects and demonstrates their competitive edge in high-power applications.

With eighteen solar islands, Brazil's largest floating solar installation will use Tigo TS4-X-O MLPE devices for optimization, module-level monitoring, and safety.

TOCANTINS, Brazil--(BUSINESS WIRE)-- Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, announced today that solar development company, Apollo Flutuantes, will deploy 97,200 Tigo optimizers, including the Tigo TS4-X-O MLPE line, in Brazil's largest floating solar plant. The project, scheduled for completion in December 2025, will be located on the Lajeado Hydroelectric Power Plant reservoir in Tocantins, Brazil. The floating solar project marks a milestone in Brazil’s renewable energy landscape, which ranks eighth globally for solar electricity generation, with projections for continued growth.

Apollo Flutuantes recently demonstrated a model of the future floating solar project site, which will feature Tigo Energy TS4-X-O devices for optimization, monitoring, and safety. (Graphic: Business Wire)

Apollo Flutuantes recently demonstrated a model of the future floating solar project site, which will feature Tigo Energy TS4-X-O devices for optimization, monitoring, and safety. (Graphic: Business Wire)

The project, designed and installed by Apollo Flutuantes, includes innovations like novel, high-albedo platforms that optimize light reflection to maximize backside energy output of the system’s bifacial modules. The project will feature the recently released Tigo TS4-X-O MLPE devices, with plug-and-play support for solar modules up to 800W at 25A. This allows the eighteen solar islands to demonstrate the potential of floating solar to leverage Brazil's vast rivers and water resources for solar energy generation while minimizing land use and maximizing energy production. As AE Power, Apollo Flutuantes, and Tigo Energy come together to bring this ambitious vision to life, the Lajeado floating solar plant sets a new standard in innovation for clean energy projects, paving the way for the growth of solar energy in Brazil.

“The optimization technology from Tigo is crucial to this project because we need electrical safety on the water because it allows us to get the absolute most energy production out of the bifacial modules and because we can see exactly what is happening on each of the modules,” said José Alves Teixeira Filho, CEO at Apollo Flutuantes. “With rapid shutdown through optimizer technology, we can isolate specific portions of the system to safely address issues without having to shut the entire operation down. This project serves as an important example to replicate across Brazil as our solar installations and ambitions get bigger and bigger.”

The Tigo TS4-X line empowers installers with the flexibility to deploy high-power modules up to 800W. Designed for commercial, industrial, and utility-scale projects, these solutions feature Tigo patented technology with wireless and PLC communications and pair with a wide range of third-party inverters. With safety, monitoring, and optimization features, the TS4-X series provides both versatility and efficiency, ensuring optimal performance for energy-critical sectors.

“This project brings yet another large-scale Tigo system into our portfolio, joining hundreds of monitored systems between 500kW and 5MW for which customers get the highest resolution insights,” said Jing Tian, chief growth officer at Tigo Energy. “As both the size and number of solar systems increase, the amount of data they produce requires advanced monitoring and analysis software from Tigo. We are honored to serve AE Power, Apollo Flutuantes, and the entire Brazilian market in this capacity.”

The Apollo Flutuantes project joins hundreds of MW-plus Tigo module-level monitoring customers. To learn more about Apollo Flutuantes and the Lajeado reservoir project, please read the case study here, and watch this video. To learn more about the Tigo TS4-X family of high-power MLPE devices, please visit www.tigoenergy.com/ts4-x.

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

Email: tigoenergy@technica.inc

Source: Tigo

FAQ

How many Tigo optimizers will be deployed in Brazil's largest floating solar plant?

Apollo Flutuantes will deploy 97,200 Tigo optimizers in Brazil's largest floating solar plant at the Lajeado Hydroelectric Power Plant reservoir.

When will the Tigo Energy (TYGO) floating solar project in Brazil be completed?

The floating solar project is scheduled for completion in December 2025.

What is the maximum power capacity of Tigo's TS4-X-O MLPE devices for this project?

The Tigo TS4-X-O MLPE devices support solar modules up to 800W at 25A.

Where will Tigo Energy's (TYGO) largest Brazilian floating solar plant be located?

The floating solar plant will be located on the Lajeado Hydroelectric Power Plant reservoir in Tocantins, Brazil.

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