SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) has received a Order of 10,000 Q2000 Quad microinverters for the Indian market on August 27, 2024. This order is in addition to a previous order for 6,000 units announced in June 2024. The new order represents a additional microinverters worth 20 MW.
Dr. Praveen Jain, CEO of SPARQ, said that this order will showcase the company’s innovative microinverters in the growing Indian PV marketThe increased demand for SPARQ products indicates a positive trend in the company’s market penetration and growth potential in the solar energy sector.
SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) received one share Order purchase for 10,000 Q2000 Quad Microinverters For sale in India on August 27, 2024. This order must be linked to a precedent of 6,000 units and will be announced in June 2024 More power than 20 MW microinverters.
Dr. Praveen Jain, CEO of SPARQ, said that this Ordinary has validated the company’s innovative micro inverters Mercato Fotovoltaico in Crescita IndianoThe expansion of homes with SPARQ products indicates a positive trend in market penetration and increasing potential in the solar energy setup.
SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) has received a Order 10,000 Microinverters Q2000 Quad For the Indian market on August 27, 2024. This article was published before 6,000 units announced in June 2024. The new article represents a Additional value of 20 MW microinverters.
Dr. Praveen Jain, CEO of SPARQ, confirmed that this benefited the company’s most innovative microinverters in 2010 creciente mercado fotovoltaico indioThe increasing demand for SPARQ products indicates a positive trend in the company’s market penetration and growth potential in the solar energy sector.
SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) On August 27, 2024, the stock is cheaper 10,000 new Q2000 customers in 2000That is not the case. In the year 2024, May 6, 2024, 6,000 days, 2024, July 24, 2024, 6,000 days. That is not the case Maximum output of 20 MWI’m a big fan.
SPARQ’s Chairman, Dr. Praveen Jain, was welcomed by Dr. PV system construction에서 회사의 혁신적인 마이크로인버터를 더욱 유효하게 만든다고 밝혔습니다. The SPARQ app offers you the opportunity to get a free app 내는 긍정적인 추세를 사합니다.
SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) a price Order 10,000 Q2000 Quad Microwaves For the march into India on August 27, 2024. This order was sent to a previously announced command of 6,000 units in June 2024. The new command representative An addition of 20 MW microgenerators.
Dr. Praveen Jain, PDG of SPARQ, explained that this order is in addition to the advantage of the company’s innovative micro-ondulators in the market Photovoltaic March in India Outdoor CroissanceThe increase in demand for SPARQ products indicates a positive trend in the company’s market penetration and breakthrough opportunities in the solar energy field.
SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) is a Order for 10,000 Q2000 Quad Microinverters for the Indian market. This order complements a previous order for 6,000 units announced in June 2024. The new order represents additional 20 MW of microinverters represents.
Dr. Praveen Jain, CEO of SPARQ, said that this order will support the company’s innovative microinverters in including Indian PV market The increased demand for SPARQs products indicates a positive trend in the company’s market penetration and growth potential in the solar energy sector.
Positive
- New order for 10,000 Q2000 Quad Microinverters received
- Additional microinverters worth 20 MW ordered
- Expanding presence in the growing Indian PV market
- Increased demand following a previous order of 6,000 units in June 2024
Toronto, Ontario–(Newsfile Corp. – August 28, 2024) – SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (“SPARQ” or the “Pursue“) is pleased to announce that it has received an order to supply 10,000 Q2000 Quad Microinverters for the Indian market on August 27, 2024. This order is in addition to the order for 6,000 Q2000 Quad Microinverters announced in June 2024.
“This is further evidence of SPARQ’s innovative microinverters in the growing Indian photovoltaic market,” commented Dr. Praveen Jain, CEO of SPARQ.
ABOUT SPARQ
SPARQ designs and manufactures next-generation single-phase microinverters for residential and commercial solar power applications. SPARQ has developed a proprietary PV solution called Quad. The Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation and reducing the cost of solar power systems compared to existing market offerings.
SPARQ’s headquarters are located at 945 Princess Street, Kingston, Ontario, K7L 0E9.
Warning
Certain statements in this press release constitute “forward-looking statements.” All statements in this press release that are not historical facts, including but not limited to the partnership with Jio Things Limited, and all statements preceded, followed by or containing the words “believe,” “expect,” “seek,” “intend,” “plan,” “continue,” “will,” “could,” “would,” “anticipate,” “estimate,” “forecast,” “project,” “seek,” “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but merely represent the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. As a result, actual results may differ materially from what is expressed, implied or projected in such forward-looking statements.
Other factors that could cause actual results, performance or achievements to differ materially include, but are not limited to, the risk factors discussed in the Company’s Management’s Discussion and Analysis for the fiscal year ended December 31, 2023. Management makes forward-looking statements because it believes they provide useful information to investors in considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Accordingly, all forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that actual results or developments will be achieved or, even if substantially achieved, will have the expected consequences or effects on the Company. These forward-looking statements are made as of the date of this press release, and the Company undertakes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the original version of this press release, please visit https://www.newsfilecorp.com/release/221446
Frequently Asked Questions
How big is SPARQ’s latest microinverter order for the Indian market?
SPARQ received an order for 10,000 Q2000 Quad microinverters, equivalent to an additional 20 MW worth of microinverters for the Indian market.
When did SPARQ (SPRQF) receive the new order for microinverters?
SPARQ (SPRQF) received the new order for 10,000 Q2000 quad microinverters on August 27, 2024.
How does the new order compare to SPARQ’s previous order in June 2024?
The new order for 10,000 Q2000 quad microinverters comes in addition to a previous order for 6,000 units announced in June 2024, indicating increased demand for SPARQ’s products.
What market is SPARQ (SPRQF) targeting with these microinverter orders?
With these microinverter orders, SPARQ (SPRQF) is targeting the Indian PV market, which the CEO describes as a growing market for its innovative products.
