Providing increased kWh power production through the life of every Photovoltaic Solar project

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• Providing increased kW/h power production through
  the life of every Photovoltaic Solar project
• November 2008
• CICC Cleantech Tour
• www.tigoenergy.com
• contact_at_tigoenergy.com

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Our Company

• Balance of System, HW and SW for PV Solar
  Installations
• Reduce cost per kilowatt/hour and accelerate
  payback period
• Same capex and opex (cost-of-ownership) of
  todays systems
• Increase rooftops available for installation
• Ease of installation
• Web Application
• Reduced customer acquisition cost
• Hosting Service revenues
• On going initial installations, Beta May 2008
• Semiconductor industry methodology
• Venture funding from

Tigo Energy Confidential
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Problem Statement Summary

• Mesh PV module arrays (serial/parallel) - power
  output not optimized per module
• Weaker modules drag down chain
• Non ideal power source
• Safety hazard
• More resulting less than optimal power
  production

Commercial office space
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Temperature, Dust, Module Spec. Shading Effects
Ideal situation
I
I
Loss
V
A weak module affects the overall system
performance
Bypass Diode on
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Tigos Modular Distributed System
modules type 1
modules type 2
Tigos Link module inside each PV module Jbox

• Improved power efficiency 10-25
• DYNAMIC module balancing
• Long term system heuristics
• Cost and ease of installation (Art to Science)
• Hazard mitigation
• Extended system uptime
• MICRO manager
• Management at module or cell
• Significantly improved Inverter reliability
• Reduced labor cost

Tigos Management unit
Tigos Server for Remote monitoring Control
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Our People

• Sam Arditi, CEO
• Serial entrepreneur with track record of driving
  business growth
• Six years at Intel after the company acquired
  DSPC where he was GM and COO
• VP and GM for Intels Cellular Group where he
  tripled the revenue.
• Founder and Chairman of Combox, specializing in
  Cable Modems
• Ron Hadar, President COO
• Co-founder and CEO of Tenta Technology - acquired
  by MKS Instruments
• Served over five years at MKS as Officer, VP/GM
  of the Control and Information Product Group
  (CIT) integrating new acquisitions
• Six years at Applied Materials in several US and
  Israel based mgmt positions
• Jeff Krisa, VP Sales Marketing
• Twenty years of engineering, sales, marketing and
  GM roles in the semi industry
• Seventeen years at Intel Corporation in US and
  Asia based positions
• Most recently VP GM of the Application
  Processor BU at Marvell Semi
• Engineering internship at DOE fusion research
  project at Princeton University
• Modi Avrutsky, VP RD
• 23 years experience - power design, manufacturing
  with Israel based Enercon.
• Most recently reported directly to the CEO as
  General Manager of Engineering.
• Specialized in highly reliable, ruggedized power
  systems incl. space

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Unique Competitive Advantage

• Our Approach
• Highly efficient power conversion
• Optimal distribution max reliability min
  cost
• Module level visibility to the PV solar project
• Our Team
• Industry leaders in distributed systems, power
  electronics, process control and PV solar
• Proven entrepreneurial track record, proven
  ability to grow established businesses
• Top tier VC backing
• Board of Advisors International team of
  prominent figures in solar, power electronics,
  standards, and utilities
• Our IP
• Strong portfolio of patents filed starting in
  early 2007

Optimizing ALL THREE vectors power output,
costs reliability
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Path to Market
Residential Installer Mid-size Commercial Install
er Large-size Commercial End Customer Power Util
ity
Regional Wholesale Project Integrator Large
Scale Contractor
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Current Status

• Founded 2007 Series A funding (us6M) May 2008
• Product Status
• Beta installations since May 2008
• First installations with Sun, Light and Power
  ElectroRoof in US
• Partner integration ongoing
• Certification in early 2009
• Customer Status
• Customer evaluation installations started Sept
  2008
• Announced collaboration pact with Clal Energy
• Milestones set to large scale production
  installs in 2H09
• Strong engagement in US, Europe and Japan

Seeking during the CICC Forum One to two
additional mid-scale (100kW) evaluation
installations for 1H09 Module integration
partners for greater system cost savings