SPARQ Obtains Regulatory Certification for Its Q2000 QUAD Microinverter and Enters into Manufacturing Agreement with Ti-Lane
SPARQ Obtains Regulatory Certification for Its Q2000 QUAD Microinverter and Enters into Manufacturing Agreement with Ti-Lane
Toronto, Ontario--(Newsfile Corp. - July 26, 2022) - SPARQ Corp. (TSXV: SPRQ) (the "Company") is pleased to announce that its wholly-owned subsidiary, SPARQ Systems Inc. ("SPARQ"), has obtained regulatory certification for its new Q2000 QUAD microinverter on July 22, 2022. The Q2000 microinverter is the industry's first highest power rating microinverter that produces electrical energy from four photovoltaic ("PV") panels of 550W+ each, without any power clipping under all operating conditions. Moreover, the built-in advanced software algorithms allow the Q2000 microinverter to seamlessly operate in grid-tied, standalone or dual-mode PV applications.
多伦多,安大略省--(Newsfile Corp. - 2022年7月26日) -- SPARQ Corp. (TSXV: SPRQ)(以下简称“公司”)已于2022年7月22日获得其新型 Q2000 QUAD 微型逆变器的监管认证。Q2000 微型逆变器是行业中产生电能的第一款最高功率评级微型逆变器,可从四个光伏(“PV”)面板中的每个550W+面板中产生电能,在所有操作条件下均不会削减电力输出。此外,内置的高级软件算法使 Q2000 微型逆变器能够在并网,独立或双模式 PV 应用中无缝运行。公司很高兴宣布其全资子公司SPARQ Systems Inc.(SPARQPraveen Jain,公司首席执行官,评论道:“这是公司推出更强大的多模式微型逆变器的重要里程碑,它解决了住宅 PV 系统在并网和离网两种模式下运行的需求。这将为 PV 安装提供更好的利用,并使房主的投资回报率增加。”PV根据其2022年3月24日发表的新闻稿,公司还宣布于2022年6月16日与中国广东省 Ti-Lane 精密电子有限公司(以下简称“Ti-Lane”)签署了一份制造协议(以下简称“制造协议”),根据协议,Ti-Lane 同意在其位于中国广东省的工厂制造和供应 SPARQ 的各种评级的 QUAD 微型逆变器。制造协议的初始期限为三年,并将在初始期限到期后自动续期一年,除非 SPARQ 或 Ti-Lane 中止协议。Ti-Lane 的制造工厂预计将于2022年8月竣工,量产预计将在2022年第四季度开始。
Praveen Jain, the Company's Chief Executive Officer, commented, "This is a major milestone for the Company to launch a more powerful and multi-mode microinverter, which addresses the need for a residential PV system to operate in both grid-tied and off-grid modes. This will provide a better utilization of the PV installation and give increased return on investment to the home owner."
制造协议构成“关联方交易”,如《多边工具61-101-少数股东在特殊交易中的保护》(“MI 61-101”)所定义。本新闻稿中包含的某些声明构成“前瞻性声明”。本新闻稿中除历史事实陈述外的所有声明,包括但不限于关于 Ti-Lane 的制造工厂预计完成时间、预计每月为 SPARQ 生产的数量,以及公司的技术、财务和业务前景、未来的财务状况和业绩、战略、拟议的收购、计划、目标和目标,以及任何以“相信”、“期望”、“目标”、“打算”、“计划”、“继续”、“将”、“可能”、“会”、“预计”、“估计”、“预测”、“预计”、“寻找”、“应该”或类似表达式或其否定形式开头的声明,都是前瞻性声明。这些声明不是历史事实,而只代表公司对未来事件的期望、估计和预测。这些声明不是未来业绩的保证,并涉及难以预测的假设、风险和不确定性。因此,实际结果可能与这些前瞻性声明中表达、暗示或预测的结果有所不同。
Further to its press release dated March 24, 2022, the Company also announces that on June 16, 2022, SPARQ entered into a manufacturing agreement (the "Manufacturing Agreement") with Ti-Lane Precision Electronic Company Limited ("Ti-Lane"), whereby Ti-Lane has agreed to manufacture and supply to SPARQ QUAD microinverters of various ratings at Ti-Lane's facility based in GuangDong Province, China. The Manufacturing Agreement has an initial term of three years and will automatically renew for additional one year terms after expiration of the initial term unless terminated earlier by either SPARQ or Ti-Lane. The construction of Ti-Lane's manufacturing facility is expected to be completed in August 2022 and the volume production is expected to commence in Q4 2022.
如果您要使用中文,请使用繁体字进行查看。制造业协议与Ti-Lane Precision Electronic Company Limited签署协议(")签订了一份谅解备忘录,日期为2022年3月23日(中国广东省 Ti-Lane 精密电子有限公司
The Manufacturing Agreement constitutes a "related party transaction", as such term is defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61- 101") as Robbie Luo is an officer and shareholder of Ti-Lane and a director of the Company. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI 61-101.
制造业协议构成 "关联方交易",如《多边工具61-101 - 保护少数股东在特殊交易中的权益》所定义("MI 61- 101)所定义,因为Robbie Luo是Ti-Lane的官员和股东,也是该公司的董事。公司依靠MI 61-101规定的正式估值和少数股东批准要求的豁免。
ABOUT SPARQ
SPARQ简介
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设计和制造用于住宅和商业太阳能发电应用的下一代单相微型逆变器。SPARQ开发了一种专有的光伏解决方案,称为Quad;Quad逆变器通过单个微型逆变器对四个光伏模块进行优化,简化了设计和安装,并降低了太阳能电力装置与现有市场产品相比的成本。
SPARQ's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.
SPARQ的总部位于安大略省金斯顿市的Princess Street 945号,邮编为K7L 0E9。
Cautionary Note
注意事项
Certain statements contained in this press release constitute "forward-looking statements." All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the expected completion of Ti-Lane's manufacturing facility, the quantity of units to be manufactured for SPARQ on a monthly basis, and technical, financial and business prospects of the Company, future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only 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. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.
本新闻稿中包含的某些声明构成“前瞻性声明”。本新闻稿中除历史事实陈述外的所有声明,包括但不限于关于 Ti-Lane 的制造工厂预计完成时间、预计每月为 SPARQ 生产的数量,以及公司的技术、财务和业务前景、未来的财务状况和业绩、战略、拟议的收购、计划、目标和目标,以及任何以“相信”、“期望”、“目标”、“打算”、“计划”、“继续”、“将”、“可能”、“会”、“预计”、“估计”、“预测”、“预计”、“寻找”、“应该”或类似表达式或其否定形式开头的声明,都是前瞻性声明。这些声明不是历史事实,而只代表公司对未来事件的期望、估计和预测。这些声明不是未来业绩的保证,并涉及难以预测的假设、风险和不确定性。因此,实际结果可能与这些前瞻性声明中表达、暗示或预测的结果有所不同。
Additional 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 filing statement dated December 23, 2021. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the 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 the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.
导致实际结果、绩效或成就与预期不符的其他因素包括,但不限于,风险因素,包括本公司于2021年12月23日提交的招股说明书中讨论的风险因素。管理层提供前瞻性陈述,因为它们认为这些陈述在投资者考虑其投资目标时提供了有用的信息,并警告投资者不要过度依赖前瞻性信息。因此,在本新闻稿中提出的所有前瞻性陈述均受到这些警示性陈述和其他包含在其中的警示性陈述或因素的限制,无法保证实际结果或开发结果,即使实现实质性目标,也包括公司的预期后果。这些前瞻性陈述是根据本新闻稿发布之日的情况制作的,公司不承担更新或修订这些前瞻性陈述以反映随后获得的信息、事件或情况或其他任何情况的义务,除非法律要求。
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.
TSXV及其监管服务提供商(如该术语在TSXV政策中的定义)不对本公告的适当性或准确性负责。
For more information, please contact:
有关更多信息,请联系:
SPARQ Corp.
Dr. Praveen Jain
Chief Executive Officer
Email: pjain@sparqsys.com
Tel: 343.477.1158
SPARQ Corp。
Dr. Praveen Jain
首席执行官
电子邮件:pjain@sparqsys.com
电话:343.477.1158
To view the source version of this press release, please visit
要查看此新闻发布的源版本,请访问