Suntech has a new product out, which is a smart solar DC module integrating Tigo’s modular TS4 platform. The point of using Tigo technology is to optimize power output, add real-time monitoring, make wireless communications more accessible, and reduce maintenance costs. Simply put, the Suntech smart modules have better efficiency and output. Specifically, they can increase power output in tight spaces where they are installed. Balance of system costs can be reduced as well.
“Tigo is distinguished in the industry as being the sole company to offer a modular platform where customers can cater their PV Module behavior according to their needs by simply replacing the covers. We are focused on partnering with tier 1 solar companies in order to focus on spreading our innovation and energy optimization. By combining our leading technologies with Suntech, we will be able to provide the solar market with the finest solar energy generation products and management systems,” explained Zvi Alon, Tigo CEO.
Wuxi Suntech Power Co., Ltd. is a Chinese company; Tigo is American and is located in Silicon Valley. Suntech has sold 30 million photovoltaic panels or 9 GWs of installed capacity.
These kinds of business partnerships are impressive because they are combining existing technologies to make something that is new and better. Not all businesses are open-minded or flexible enough to reach mutually beneficial agreements.
Another striking thing is that they were able to collaborate across international boundaries and different cultures. International business ventures can be very challenging because of the language and cultural barriers. Another aspect of the relationship could be troublesome or advantageous — both companies are less than 15 years old. This might be an advantage because young companies might be more flexible and less bureaucratic. They also might be more open to innovation resulting from sharing knowledge, rather than taking a bunker mentality and never collaborating.
It would be very interesting to know how they worked out a symbiotic relationship.
Image Credit: Tigo