Sparq signs supply deal with Tumi Clean Technologies

Executive Summary

• Sparq Systems Inc. has entered into a manufacturer authorization and supply agreement with Tumi Clean Technologies Ltd. and Rolaz Green Energy Pvt. Ltd. to enter the African microinverter market.
• The agreement establishes a non-binding framework for Tumi to purchase and distribute Sparq microinverters in Ghana and West Africa, with potential for exclusive distribution rights and local assembly licenses in sub-Saharan Africa following a six-month pilot.
• The deal includes a one-year initial term with automatic 30-day renewal, aiming to leverage the AfCFTA framework to scale clean-energy solutions across the continent.

Key Details

• Parties Involved: Sparq Systems Inc. (manufacturer) and Tumi Clean Technologies Ltd. / Rolaz Green Energy Pvt. Ltd. (existing importation and distribution partner).
• Agreement Type: Manufacturer authorization and supply agreement.
• Geographic Scope: Ghana, West Africa, and other sub-Saharan African markets as agreed upon.
• Pilot Phase: A six-month pilot period is required to validate market readiness before exclusive rights are considered.
• Exclusive Rights Potential: Tumi may be granted exclusive rights for distribution and/or installation of Sparq products in sub-Saharan Africa if it meets minimum product order levels to be determined by the parties.
• Local Assembly License: The agreement provides a non-binding framework for Tumi to receive an exclusive license to assemble Sparq products in Ghana, with the intent to sell and distribute from a local assembly unit.
• Term: Initial term of one year; automatically renews for an additional 30 days upon expiry, during which parties may agree to extend or enter a new agreement.
• Strategic Context: The partnership aims to leverage the African Continental Free Trade Area (AfCFTA) framework to strengthen supply chains, transfer technology, and promote African-made clean-energy solutions.

Notable Quotes

• Dr. Praveen Jain, CEO of Sparq Systems Inc.: "This is a very positive step forward for the company to bring its innovative products to the African market. Tumi has a number of projects in the works where our Quad microinverters products can be immediately applied."
• Kwaku Osei-Sarpong, Founder, EVP and CEO of CIPA Holdings Group: "Our collaboration with Sparq Systems marks a major step in expanding access to clean-energy technologies across Africa. Through Tumi Clean Technologies, we aim to lead the distribution of advanced solar and inverter systems across Ghana and West Africa while laying the groundwork for localized assembly and manufacturing. By leveraging the AfCFTA framework, Tumi expects to scale this partnership continent-wide, strengthening supply chains, transferring technology and promoting African-made clean-energy solutions. This is how we turn partnership into progress: powering Africa's sustainable future from within."