Sparq Receives Purchase Order For 60 MW of Microinverters

Executive Summary

• Sparq Systems Inc. received a confirmed purchase order for 30,000 Q2000 Quad Microinverters (totaling 60 MW) destined for the Indian market.
• The order is part of an ongoing long‑term partnership under the manufacturing and supply agreement first announced on February 8 2024.
• Management highlighted the order as evidence of growing acceptance of Sparq’s microinverter technology in a key high‑volume international market.

Key Details

• Order Quantity: 30,000 Q2000 Quad Microinverters.
• Capacity Covered: 60 MW of installed solar capacity.
• Market: India – identified as an important growth market for Sparq.
• Relationship Context: The order is a recurring purchase under the long‑term manufacturing and supply agreement announced on 8 Feb 2024.
• Technology Highlights (per release):
• Proprietary inverter architecture reduces hardware complexity via differential geometric control methods.
• Eliminates short‑life electrolytic capacitors; minimizes semiconductor stress for ultra‑reliable operation matching PV module life.
• Supports zero‑export operation where required.
• CEO Comment: Dr. Praveen Jain stated the order “reflects growing acceptance of Sparq's Quad microinverter platform in the Indian solar market and supports Sparq's strategy of expanding into high‑volume international deployments.”

Notable Quotes

“This purchase order reflects growing acceptance of Sparq's Quad microinverter platform in the Indian solar market and supports Sparq's strategy of expanding into high-volume international deployments. India is an important growth market for the Company and this order demonstrates strong customer confidence in the performance, reliability, and scalability of our technology,” – Dr. Praveen Jain, Chief Executive Officer.