Tigo Energy Enhances Ukrainian Utility Grid Services with Predict+
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 50 minutes ago
0mins
Source: Newsfilter
- Smart Platform Deployment: Tigo Energy's Predict+ platform has been successfully deployed at Ukrainian utility YASNO, enabling the company to better manage demand surges and weather variability, which is expected to significantly enhance grid service reliability.
- High-Performance Forecasting: Currently managing over 650 GWh of electricity with a 97.5% forecast accuracy, Predict+ will assist YASNO in balancing renewable and baseload generation, thereby reducing imbalance settlement costs and improving operational efficiency.
- Data-Driven Decision Support: The platform integrates historical data and real-time weather information to generate multiple hourly demand forecasts, ensuring YASNO can maintain grid stability even under challenging weather conditions, thus enhancing customer service quality.
- Future Expansion Plans: YASNO is preparing for broader deployment of Predict+, including system configuration and historical data integration, which will further improve forecasting accuracy and strengthen the company's competitive position in the Ukrainian market.
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About TYGO
Tigo Energy, Inc. is engaged in the development and manufacture of smart hardware and software solutions. The Company designs solar power conversion and storage products. It also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. The Company combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Its MLPE products enable real-time energy monitoring and provide code-required rapid shutdown at the module level. It provides additional products, such as RSS Transmitter, Tigo Access Point (TAP), and Cloud Connect Advanced (CCA). The Company also provides energy intelligence (EI) residential solution, and a Tigo EI monitoring demo. The Company serves various customers, such as equipment manufacturers, installation professionals, commercial businesses, and homeowners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tigo Energy Enhances Ukrainian Utility Grid Services with Predict+
- Smart Platform Deployment: Tigo Energy's Predict+ platform has been successfully deployed at Ukrainian utility YASNO, enabling the company to better manage demand surges and weather variability, which is expected to significantly enhance grid service reliability.
- High-Performance Forecasting: Currently managing over 650 GWh of electricity with a 97.5% forecast accuracy, Predict+ will assist YASNO in balancing renewable and baseload generation, thereby reducing imbalance settlement costs and improving operational efficiency.
- Data-Driven Decision Support: The platform integrates historical data and real-time weather information to generate multiple hourly demand forecasts, ensuring YASNO can maintain grid stability even under challenging weather conditions, thus enhancing customer service quality.
- Future Expansion Plans: YASNO is preparing for broader deployment of Predict+, including system configuration and historical data integration, which will further improve forecasting accuracy and strengthen the company's competitive position in the Ukrainian market.
See More
Tigo Showcases New Products at Intersolar 2026
- Product Launch: Tigo Energy's GO Battery has begun shipping to the European market, fulfilling preorder commitments made in April 2026, marking a significant advancement in the company's residential energy technology ecosystem and is expected to drive market demand.
- Exhibition Showcase: Tigo will present the GO Optimized ESS at Intersolar Europe 2026 from June 23-25, with live demonstrations enhancing customer awareness of the new product and promoting sales conversion.
- Modular Design Benefits: The GO Battery features a modular architecture built on 3.68kWh units, configurable from 7.3kWh to 47.9kWh, catering to various residential energy needs and enhancing installers' market competitiveness.
- Ecosystem Integration: The integration of the GO Optimized ESS with Tigo EI Inverter and other products provides a comprehensive energy management platform, simplifying the installation process and enhancing user control over energy usage.
See More
Tigo Energy Reports Strong Q1 2026 Earnings with Strategic Growth Initiatives
- Significant Revenue Growth: In Q1 2026, Tigo Energy reported total revenue of $25.2 million, reflecting a 33.7% year-over-year increase, demonstrating strong performance despite typical weather-related seasonality, which enhances market confidence and lays a foundation for future growth.
- New Product Launch: The company introduced the enhanced Tigo GO battery in the European market with a storage capacity of up to 47.9 kilowatt-hours, not only addressing the rising demand for residential energy storage but also providing a new growth avenue in a competitive landscape.
- Strategic Partnership Initiation: The partnership with EG4 is just beginning, with first deliveries occurring this month, which will help expand the company's market share and drive positive momentum in large-scale utility deals.
- Optimistic Future Outlook: The company expects Q2 2026 revenues to range between $30 million and $32 million, with adjusted EBITDA anticipated between $1 million and $3 million, reflecting management's confidence in future performance and positive market expectations.
See More
Tigo Energy Reports Q1 Earnings Beat Expectations
- Earnings Highlights: Tigo Energy's Q1 GAAP EPS of -$0.02 beats expectations by $0.01, indicating an improvement in profitability despite still operating at a loss.
- Revenue Growth: The company reported revenues of $25.2 million, a 34% year-over-year increase, yet fell short of market expectations by $0.56 million, reflecting intensified market competition and fluctuating product demand.
- Gross Margin Improvement: Gross profit totaled $10.8 million, representing 42.8% of net revenue, up from $7.2 million and 38.1% last year, indicating progress in cost control and product pricing strategies.
- Increased Operating Expenses: Operating expenses rose to $13.2 million from $11.2 million year-over-year, although net losses decreased from $7.0 million to $1.8 million, highlighting the cost pressures faced during business expansion.
See More
Tigo Launches GO Battery to Meet European Market Demand
- Product Launch: Tigo Energy has introduced the GO Battery as part of its modular residential storage system, offering expandable energy storage capacity of up to 47.9kWh to meet the growing demand for solar energy storage in Europe.
- Installation Convenience: The new system features lightweight plug-and-play modules for faster installation, allowing users to flexibly configure from 7.3kWh to 47.9kWh based on household energy needs, catering to various household sizes.
- Climate Adaptability: The GO Battery operates reliably at temperatures as low as -30°C, ensuring performance in cold weather conditions, which enhances its market competitiveness, particularly in Europe's variable climate.
- Smart Integration: The system seamlessly integrates with the Tigo EI platform, supports both single-phase and three-phase configurations, and features a maximum charge and discharge current of 50 Amps, enabling households to manage energy usage more effectively and reduce reliance on the grid.
See More
Tigo Energy Supports Coachella Dream Home Giveaway
- Charitable Collaboration: Tigo Energy has partnered with solar industry collaborators to donate the solar system for the latest St. Jude Dream Home in California's Coachella Valley, demonstrating the company's commitment to social responsibility.
- System Configuration Highlights: The house features a 3.8kW Tigo EI inverter and a 5.72kW solar system with simple expansion options for batteries and generators, aimed at enhancing the family's energy independence and sustainability.
- Industry Support and Promotion: Companies like Greentech Renewables and GOAT Solar participated in the project, not only supporting St. Jude's work but also actively promoting the solar industry's growth, showcasing the power of industry collaboration.
- Company Vision and Impact: Tigo's Chief Marketing Officer stated that by collaborating with high-quality organizations, they can leverage solar solutions to positively impact families served by the St. Jude community, reflecting the social value of the enterprise.
See More
Tigo Energy Enhances Ukrainian Utility Grid Services with Predict+
- Smart Platform Deployment: Tigo Energy's Predict+ platform has been successfully deployed at Ukrainian utility YASNO, enabling the company to better manage demand surges and weather variability, which is expected to significantly enhance grid service reliability.
- High-Performance Forecasting: Currently managing over 650 GWh of electricity with a 97.5% forecast accuracy, Predict+ will assist YASNO in balancing renewable and baseload generation, thereby reducing imbalance settlement costs and improving operational efficiency.
- Data-Driven Decision Support: The platform integrates historical data and real-time weather information to generate multiple hourly demand forecasts, ensuring YASNO can maintain grid stability even under challenging weather conditions, thus enhancing customer service quality.
- Future Expansion Plans: YASNO is preparing for broader deployment of Predict+, including system configuration and historical data integration, which will further improve forecasting accuracy and strengthen the company's competitive position in the Ukrainian market.
See More
Tigo Showcases New Products at Intersolar 2026
- Product Launch: Tigo Energy's GO Battery has begun shipping to the European market, fulfilling preorder commitments made in April 2026, marking a significant advancement in the company's residential energy technology ecosystem and is expected to drive market demand.
- Exhibition Showcase: Tigo will present the GO Optimized ESS at Intersolar Europe 2026 from June 23-25, with live demonstrations enhancing customer awareness of the new product and promoting sales conversion.
- Modular Design Benefits: The GO Battery features a modular architecture built on 3.68kWh units, configurable from 7.3kWh to 47.9kWh, catering to various residential energy needs and enhancing installers' market competitiveness.
- Ecosystem Integration: The integration of the GO Optimized ESS with Tigo EI Inverter and other products provides a comprehensive energy management platform, simplifying the installation process and enhancing user control over energy usage.
See More
Tigo Energy Reports Strong Q1 2026 Earnings with Strategic Growth Initiatives
- Significant Revenue Growth: In Q1 2026, Tigo Energy reported total revenue of $25.2 million, reflecting a 33.7% year-over-year increase, demonstrating strong performance despite typical weather-related seasonality, which enhances market confidence and lays a foundation for future growth.
- New Product Launch: The company introduced the enhanced Tigo GO battery in the European market with a storage capacity of up to 47.9 kilowatt-hours, not only addressing the rising demand for residential energy storage but also providing a new growth avenue in a competitive landscape.
- Strategic Partnership Initiation: The partnership with EG4 is just beginning, with first deliveries occurring this month, which will help expand the company's market share and drive positive momentum in large-scale utility deals.
- Optimistic Future Outlook: The company expects Q2 2026 revenues to range between $30 million and $32 million, with adjusted EBITDA anticipated between $1 million and $3 million, reflecting management's confidence in future performance and positive market expectations.
See More
Tigo Energy Reports Q1 Earnings Beat Expectations
- Earnings Highlights: Tigo Energy's Q1 GAAP EPS of -$0.02 beats expectations by $0.01, indicating an improvement in profitability despite still operating at a loss.
- Revenue Growth: The company reported revenues of $25.2 million, a 34% year-over-year increase, yet fell short of market expectations by $0.56 million, reflecting intensified market competition and fluctuating product demand.
- Gross Margin Improvement: Gross profit totaled $10.8 million, representing 42.8% of net revenue, up from $7.2 million and 38.1% last year, indicating progress in cost control and product pricing strategies.
- Increased Operating Expenses: Operating expenses rose to $13.2 million from $11.2 million year-over-year, although net losses decreased from $7.0 million to $1.8 million, highlighting the cost pressures faced during business expansion.
See More
Tigo Launches GO Battery to Meet European Market Demand
- Product Launch: Tigo Energy has introduced the GO Battery as part of its modular residential storage system, offering expandable energy storage capacity of up to 47.9kWh to meet the growing demand for solar energy storage in Europe.
- Installation Convenience: The new system features lightweight plug-and-play modules for faster installation, allowing users to flexibly configure from 7.3kWh to 47.9kWh based on household energy needs, catering to various household sizes.
- Climate Adaptability: The GO Battery operates reliably at temperatures as low as -30°C, ensuring performance in cold weather conditions, which enhances its market competitiveness, particularly in Europe's variable climate.
- Smart Integration: The system seamlessly integrates with the Tigo EI platform, supports both single-phase and three-phase configurations, and features a maximum charge and discharge current of 50 Amps, enabling households to manage energy usage more effectively and reduce reliance on the grid.
See More
Tigo Energy Supports Coachella Dream Home Giveaway
- Charitable Collaboration: Tigo Energy has partnered with solar industry collaborators to donate the solar system for the latest St. Jude Dream Home in California's Coachella Valley, demonstrating the company's commitment to social responsibility.
- System Configuration Highlights: The house features a 3.8kW Tigo EI inverter and a 5.72kW solar system with simple expansion options for batteries and generators, aimed at enhancing the family's energy independence and sustainability.
- Industry Support and Promotion: Companies like Greentech Renewables and GOAT Solar participated in the project, not only supporting St. Jude's work but also actively promoting the solar industry's growth, showcasing the power of industry collaboration.
- Company Vision and Impact: Tigo's Chief Marketing Officer stated that by collaborating with high-quality organizations, they can leverage solar solutions to positively impact families served by the St. Jude community, reflecting the social value of the enterprise.
See More
