Otovo Completes 1,000 Solar Inverter Replacements with Tigo

what happened

BusinessWire reported that Otovo ASA (Euronext Oslo Børs: OTOVO) has completed 1,000 inverter replacements using Tigo Energy technology. The company is expanding its repowering business, which restores aging or orphaned solar installations serving homes and businesses.

Otovo said that almost 400,000 U.S. residential solar installations will turn 10 years old in each of the next five years, while more than one million have already reached that point. Tigo’s open architecture supports equipment from multiple brands, and its Inverter Power Output Control feature lets technicians configure replacement output to the original system’s requirements.

Otovo uses the Tigo EI Inverter and TS4 Flex MLPE products, providing module-level monitoring and rapid shutdown. Its Endurance™ AI platform coordinates fault detection and repairs. Otovo operates across 14 European markets, Israel and the United States; Tigo Energy was founded in 2007.

why it matters

The milestone highlights a growing service need across the installed solar base. For OTOVO, it supports the development of a recurring energy-services model, while Tigo’s multi-brand compatibility broadens the addressable replacement market.

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