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An announcement from Tigi ( (IL:TIGI) ) is now available.
Tigi Ltd. has announced a memorandum of understanding with SOLID Solar Energy Systems GmbH for a solar heating project in Israel. This project, valued at approximately 12 million NIS, will operate under a heat sale model as a service and is expected to be coordinated with local companies within 90 days. However, the memorandum does not guarantee the project’s establishment or obligate the parties to proceed, indicating uncertainty about its realization.
More about Tigi
YTD Price Performance: 6.11%
Average Trading Volume: 6,736
Current Market Cap: ILS53.64M
Learn more about TIGI stock on TipRanks’ Stock Analysis page.