Tigi Ltd
TTASE:TIGI309.00
ILA
-1.00
(-0.32%)
ISIN
IL0011738718
Return %
Stock
S&P 500
1Y
-22.34
14.20
3Y
-20.59
81.12
5Y
-82.01
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Zvika Josef Klier
- Full Time Employees
- 34
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- 3 Hamechonai Street Hod Ha'Sharon HM Israel
- IPO Date
- Mar 14, 2021
- Website
- tigisolar.com
- Similar Companies
- Business
- Tigi Ltd. is an Israel-based company specializing in renewable heat solutions primarily targeting commercial, industrial, and district heating markets. Founded in the 1980s and headquartered in Hod Hasharon, Israel, Tigi develops, manufactures, and markets innovative solar-thermal technologies and heat-as-a-service models. Its core product offerings include the Honeycomb Collector, a patented solar thermal collector designed for high temperature differential applications such as space heating, industrial process heat, domestic hot water in cold climates, and space cooling. This collector uniquely generates energy from diffused light, making it effective in hazy or cloudy conditions in cold and temperate regions. Additionally, Tigi integrates industrial heat pumps, thermal storage systems, and a cloud-based control and optimization platform to deliver turnkey renewable heat solutions globally across over 30 countries. In the last two years, Tigi has executed significant strategic expansions, including a partnership with Eren Groupe to meet the increasing demand for renewable heat solutions. The company has also extended its global footprint with over 250 projects worldwide and holds more than 60 patents protecting its technology innovations. Financially, Tigi reported increased sales growth exceeding 50% in 2023, demonstrating rising market adoption. Operationally, the company continues to enhance its technology stack and scale its turnkey renewable heat service offerings, focusing on energy cost reduction and emissions abatement for large heat users. The executive leadership under CEO Zvika Klier has reinforced Tigi’s position as a technology leader in solar thermal and industrial heat pump solutions. Tigi operates within the renewable energy and thermal energy markets, serving commercial and industrial customers who require efficient and sustainable heat generation systems. Its product portfolio combines proprietary solar-thermal collectors, heat pumps, energy storage, and digital controls to offer environmentally friendly, economically attractive heating solutions. The company’s patented Honeycomb Collector technology is a marquee product that differentiates Tigi in the global renewable heat sector. Tigi’s offerings align with growing global trends in decarbonization and energy efficiency in heating applications, supporting clients’ sustainability goals. Tigi maintains a focused, innovation-driven business model with strong intellectual property protection and an expanding international presence across Europe, Israel, and other regions. The company’s latest developments emphasize scaling its heat-as-a-service business model, leveraging strategic partnerships, and delivering enhanced digital controls and heat management systems to drive operational efficiencies for industrial and commercial end users. Tigi continues to pursue growth by deepening its technological capabilities and addressing the increasing demand for renewable heat solutions worldwide.