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SPARQ Systems Inc SPRQF


Primary Symbol: V.SPRQ

SPARQ Systems Inc. is a Canada-based company, which designs and manufactures single-phase microinverters for residential and commercial solar electric applications. The Company has developed a photovoltaic (PV) solution called the Quad. The Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations. Its products include Quad Microinverters, SparqLinq, SparqVu and Accessories. Its Quad Microinverters include the Q2000 microinverter, Q1200 Grid-Tied microinverter and Q1200 Dual Mode microinverter. SparqLinq is a smart interface for the Quad 1200. SparqLinq can be used on nearly any device and is backed by industry standard Zigbee wireless communication, providing access to real-time data and historical records. SparqVu is a system performance management system with intuitive displays to help quickly spot system issues and troubleshoot in real time.


TSXV:SPRQ - Post by User

Post by lscfaon Aug 28, 2024 8:26pm
87 Views
Post# 36200434

10,000 unit order

10,000 unit order

SPARQ Receives Purchase Order for Additional 20 MW Worth of Microinverters

August 28, 2024 5:10 PM EDT | Source: SPARQ Systems Inc.

Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce that on August 27, 2024 the Company received a purchase order for supplying 10,000 Q2000 Quad Microinverters for the Indian market. This order is in addition to the order for 6,000 Q2000 Quad Microinverters announced in June 2024.

"This is another testament for SPARQ's innovative microinverters in the growing Indian PV market," commented Dr. Praveen Jain, Chief Executive Officer of SPARQ. 

ABOUT SPARQ

SPARQ designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary PV solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. 

SPARQ's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.

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