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SMA Solar takes stake in Silicon Valley group Tigo

Germany’s largest solar group, SMA Solar, is taking a 27% stake in Tigo Energy Inc. as part of a $20 million capital increase of Tigo.

Along with a seat on the board of directors of the Los Gatos-based group, the investment will give SMA access to the market of module-level power electronics (MLPE), with an estimated annual market volume of about 700 million euros ($796 million), SMA said.

The material has been provided by InstaForex Company – www.instaforex.com

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SMA Solar takes stake in Silicon Valley group Tigo Reviewed by on . Germany's largest solar group, SMA Solar, is taking a 27% stake in Tigo Energy Inc. as part of a $20 million capital increase of Tigo.Along with a seat on the b Germany's largest solar group, SMA Solar, is taking a 27% stake in Tigo Energy Inc. as part of a $20 million capital increase of Tigo.Along with a seat on the b Rating:
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