Tigo Energy Maximizer® Solution Incorporated into Shoals Technologies Group MultiLink(TM) Junction Box Product Line


SILICON VALLEY, Calif. and PORTLAND, Tenn. - Shoals Technologies Group and Tigo Energy® announced today the launch of smart module products designed to increase the power output efficiency of solar photovoltaic (PV) installations.

Under the agreement, the Tigo Energy Maximizer® Solution will be incorporated into the Shoals Technologies MultiLink(TM) Junction Box product line. The MultiLink Junction Box system streamlines installation and inventory management by giving the module a universal and interchangeable interface compatible with all of today's leading electronics manufacturers.

Tigo Energy is the first high-volume electronics supplier to partner with Shoals and ship in volume with the MultiLink product line. The small size of the Tigo Energy Maximizer Solution allows it to fit easily into MultiLink products, helping create smart modules that provide increased energy production, active management capabilities and enhanced safety for utility, commercial and residential solar arrays.

"Shoals Technologies Group has helped set the standard for excellence in cost-effective wiring solutions for renewable energy projects, and we're pleased to join with Tigo Energy and add Maximizer technology to our MultiLink Junction Box product line," said Dean Solon, Shoals.

"Tigo's Maximizer Solution enables PV systems to output more electricity and achieve an industry-leading level of efficiency, and this translates into Shoals Technologies Group customers being able to harvest maximum energy and financial return from their solar investment using our products," said Tigo Energy President and COO Ron Hadar.

The Shoals MultiLink(TM) junction box features a universal interface compatible with accessory modules from all leading PV electronics manufacturers. The MultiLink(TM) junction box is available with or without diodes and can ship as a standard junction box with an optional accessory module, offering lower production, installation and engineering costs while providing an unmatched level of flexibility and upgrade capability to module manufacturers and installers.

The Tigo Energy Maximizer System enables owners of PV projects of any size to increase power production by reducing the effects of shade, dust, clouds and uneven temperature on system performance. The Maximizer solution delivers accurate data and analysis (at the module level) to keep long-term system operations at peak performance while enhancing safety of rooftop PV systems.

Additionally, a smart module enabled by the Tigo Energy Maximizer Junction Box is a superior alternative to an AC module. The Maximizer Junction Box provides the most cost-effective architecture, the smallest and lightest footprint to fit inside a standard junction box and the most reliable solution with a lifetime that matches or exceeds the module's lifetime. Additionally, the broad compatibility of the Maximizer system makes it universally deployable with any inverter, on any module, in any geography, and on any system size.

About Tigo Energy

Based in California's Silicon Valley, Tigo Energy was founded in 2007 and focuses on applying innovative technologies to photovoltaics. Tigo Energy has offices in the United States, Japan, China, Europe (Germany, Italy and France) and Israel and is commercially shipping volume systems in cooperation with most prominent worldwide solar distributors and EPCs. Additional information on Tigo Energy is available at www.tigoenergy.com.

About Shoals Technologies Group

A leading manufacturer of balance of systems products, Shoals Technologies Group has grown exponentially through innovation and diversification since 1996. Shoals maintains a diverse portfolio of PV balance of systems products, including, combiner/re-combiner boxes, disconnecting combiner boxes, custom harnessing solutions, junction boxes, PV wire, in-line fuses, racking and PV monitoring solutions. For more information, visit http://shoals.com/.

SOURCE Tigo Energy

CONTACT: Tyson Hall of Shoals Technologies Group, +1-615-970-9390, tyson@shoals.com; or Scott Stevens, +1-512-288-4050, scott@franciscogrp.com, for Tigo Energy

Web Site: www.shoals.com

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