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CAMPBELL, Calif. - Tigo Energy, Inc. (NASDAQ: TYGO), a $73 million market cap solar technology company, announced Monday that its TS4 module-level power electronics (MLPE) devices are now operationally compatible with hybrid inverter-battery systems from sonnen. The certification covers sonnenBatterie hybrid models when used with Tigo’s TS4 product family. According to InvestingPro data, Tigo has shown strong momentum with a 31% price return over the past six months.
The compatibility enables solar installers to combine Tigo’s module-level monitoring capabilities with sonnen’s battery storage systems in residential installations. This DC-coupled architecture aims to provide homeowners with improved energy management options. While Tigo operates with moderate debt levels, InvestingPro analysis indicates analysts anticipate sales growth in the current year, with 12 additional exclusive insights available to subscribers.
"The certification of compatibility between Tigo MLPE devices and our hybrid series is a very positive development for the customers of both our companies," said Alexander Hirnet, vice president device development at sonnen GmbH.
The certified compatibility includes Tigo’s TS4-A and TS4-X series products. According to the companies, the combination provides module-level monitoring and safety features for residential energy systems.
Gal Bauer, senior director at Tigo Energy, stated that the compatibility declaration follows "extensive testing" to ensure smooth system integration between the products.
The announcement comes as solar policies in various markets increasingly promote self-consumption and energy arbitrage capabilities for residential customers.
Tigo Energy, founded in 2007, develops smart hardware and software solutions for solar systems and went public on the Nasdaq in 2023. Germany-based sonnen is a manufacturer of battery storage systems for residential solar applications.
The compatibility certification information was shared in a company press release.
In other recent news, Tigo Energy reported its first-quarter financial results for fiscal year 2025, revealing a 92.2% increase in revenue year-over-year, reaching $18.8 million. Despite this significant revenue growth, the company recorded a net loss of $7 million, an improvement from the previous year’s $11.5 million loss. Operating expenses decreased by 5.9% to $11.2 million, and the company’s gross profit stood at $7.2 million, representing 38.1% of revenue. Tigo Energy provided guidance for the second quarter with revenue projections between $21 million and $23 million and an adjusted EBITDA expectation ranging from a $1.5 million loss to a $0.5 million gain. For the full fiscal year, Tigo anticipates revenue between $85 million and $100 million. In another development, Tigo Energy settled a patent litigation case with SMA Solar Technology AG concerning its rapid shutdown technology. The terms of the settlement remain confidential, but the resolution ends the legal dispute over intellectual property. These developments highlight Tigo Energy’s ongoing efforts to expand its market presence and protect its technological innovations.
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