The licensing settlement empowers GoodWe to deploy merchandise with Tigo fast shutdown mental property for compliance with security laws.
Tigo Vitality, Inc. (Nasdaq: TYGO), a number one supplier of sensible photo voltaic and vitality storage options, as we speak introduced that GoodWe Applied sciences Co., Ltd., a photo voltaic inverter producer and sensible vitality answer supplier, has licensed the Tigo Module- Stage Fast Closing Expertise. Beneath the settlement, GoodWe merchandise that adjust to and qualify for certification beneath the SunSpec Fast Shutdown Specification won’t infringe the claims of Tigo’s licensed patents. The Tigo fast shutdown know-how shall be deployed within the GoodWe Fast Shutdown System.
Tigo is a frontrunner in fast shutdown know-how and Module Stage Energy Electronics (MLPE), with over 100 patents granted or pending. The Firm actively licenses its patented know-how to different photo voltaic gear producers and has received a number of patent disputes. Tigo fast shutdown know-how complies with UL 1741, the Normal for Security for Inverters, Converters, Controllers and Interconnection System Gear for Use With Distributed Vitality Sources, the SunSpec Fast Shutdown Specification, and fast shutdown necessities within the US Nationwide Electrical Code (NEC) . Thousands and thousands of Tigo MLPE merchandise have been put in worldwide, offering optimized, monitored, and protected photo voltaic to guard important photo voltaic vitality infrastructure and supply constant ROI for the lifetime of renewable vitality programs.
“We welcome GoodWe to the household of corporations within the photo voltaic business who perceive the worth of innovation and those that depend on persevering with to carry photo voltaic installers the gear and security they depend on,” mentioned Zvi Alon, chairman and CEO of Tigo Vitality, Inc. “Tigo continues to spend money on analysis and growth, drive innovation, and ship protected and dependable options for the photo voltaic business. Our patents are a mirrored image of this funding, and we provide affordable and non-discriminatory licensing phrases amongst industrial corporations. .”
For extra details about the Tigo Flex MLPE options portfolio, please go to the product web site, and preserve updated with the newest information by signing up for the Tigo e-newsletter right here.
About Tigo Vitality
Based in 2007, Tigo Vitality, Inc. (Nasdaq: TYGO) is a world chief within the growth and manufacture of sensible {hardware} and software program options that enhance security, enhance vitality yield, and decrease working prices at residential, business, and utility-scale. . photo voltaic system. Tigo combines Flex MLPE (Module Stage Energy Electronics) and photo voltaic optimizer know-how with clever, cloud-based software program capabilities for superior vitality monitoring and management. Tigo MLPE merchandise maximize efficiency, allow real-time vitality monitoring, and supply code-required fast shutdown on the module degree. The corporate additionally develops and manufactures merchandise reminiscent of inverters and battery storage programs for the residential solar-plus-storage market. For extra data, please go to www.tigoenergy.com.
