SPARQ Secures Major Indian Microinverter Order

SPARQ Corp (TSE:SPRQ) has released an update.

SPARQ Systems Inc., a manufacturer of innovative microinverters for solar energy applications, has made significant inroads into the Indian market with a recent purchase order for over six-thousand Q2000 Quad Microinverters. This marks a critical expansion for SPARQ, as noted by CEO Dr. Praveen Jain, highlighting the company’s progression in the global photovoltaic (PV) market. The Quad technology streamlines solar power installations by optimizing four PV modules with a single microinverter, offering a cost-effective solution compared to current market options.

For further insights into TSE:SPRQ stock, check out TipRanks’ Stock Analysis page.