Portfolio in the News

Tigo Energy selected by US Department of Energy & Israel for Cooperative Clean Energy Project 

Nov. 24, 2009  | Source: US Dept. of Energy Press Release

The U.S. Department of Energy (DOE) today announced a milestone in U.S.-Israel cooperation on clean energy technology. With financial support of DOE and the Israeli Ministry of National Infrastructures, the bilateral BIRD Foundation Energy Executive Committee has competitively selected four cooperative clean energy projects in the United States and Israel. This initiative will award up to $3.3 million in U.S.-Israel funding for these four projects.

The four projects selected for award help address critical shared bilateral energy-related goals, while focusing on commercializing DOE technologies. The BIRD Foundation will assist by attracting and incorporating private sector cost-sharing.

The four projects will leverage private sector cost-share for a total project value of $11.6 million:

Tigo Energy, Kfar Saba, Israel and U.S. Architectural Glass and Aluminum Co., Inc., Alameda, California have been selected for an award of up to $900,000. This project will support the development and integration of a complete Building Integrated Photovoltaic (BIPV) system. The partnership will seek to overcome the cost, standardization, generation performance, visibility, and safety challenges that currently hinder large scale adoption of BIPV. This project includes $2.3 million in private sector cost-share.

The projects are expected to begin in 2010.

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