On November 1, Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo”) announced a partnership with Apollo Flutuantes to construct Brazil’s largest floating solar power plant. The project will deploy 97,200 Tigo TS4-X-O module-level power electronics (MLPE) devices at the Lajeado Hydroelectric Plant reservoir in Tocantins, with an expected completion date of December 2025. This significant initiative marks an important advancement for Brazil in the renewable energy sector and is anticipated to enhance the country’s position in global solar energy production.The floating solar power plant will consist of eighteen solar islands, utilizing innovative technologies such as high-reflectivity platforms to maximize the energy output of bifacial modules. Tigo’s TS4-X-O devices support solar modules of up to 800W and offer plug-and-play convenience, catering to the flexible needs of commercial, industrial, and utility-scale projects. By optimizing light reflection, the project not only minimizes land use but also significantly boosts energy production, showcasing the vast potential of Brazil’s abundant water resources for solar energy generation.José Alves Teixeira Filho, CEO of Apollo Flutuantes, emphasized that Tigo’s optimization technology plays a crucial role in the project, ensuring electrical safety and optimizing the energy output of each module. With rapid shutdown capabilities, the system allows for localized fault diagnosis without impacting overall operations, providing a valuable demonstration effect for future large-scale solar installations. Additionally, Jing Tian, Director of Growth Strategy at Tigo Energy, noted that as solar systems continue to expand, advanced monitoring and analytics software will offer clients deeper data insights, further propelling the development of renewable energy in Brazil.Picture Source:Business WireMore By This Author:Argentine tax cut on PAIS opens opportunities for Chinese automakers in Latin America
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