Sanmina-SCI and SPARQ Systems Launch PV Clean Tech Partnership
New Solar Microinverter Design Significantly Increases Product Lifespan and Reliability
SAN JOSE, Calif., June 2, 2011 /PRNewswire/ -- Sanmina-SCI Corporation (Nasdaq: SANM), a leading manufacturing solutions company making some of the world's most complex and valuable electronic and mechanical products, today announced it has partnered with SPARQ Systems Inc., to manufacture new microinverters and communications hubs for solar photovoltaic (PV) systems for the consumer market.
SPARQ Systems, an Ontario-based global provider of solar inverters, has developed an efficient and low-cost microinverter solution that produces more AC power from PV panels for longer periods under lower light and partial shadowing conditions. The design eliminates unreliable components which increases the lifespan of the microinverters threefold, giving homeowners up to 25 years of performance. The solar inverters will be produced for the Canadian market at Sanmina-SCI's Ottawa facility, which is certified for Ontario's Feed-in Tariff (FIT) program, and at Sanmina-SCI's worldwide regional facilities for global demand.
"Sanmina-SCI's core strengths include a focus on alternative energy technologies," said Praveen Jain, president and chief executive officer of SPARQ Systems. "They have the expertise, the infrastructure and the track record to meet all of our product needs as we move into full-scale production. And Sanmina-SCI's multi-continental manufacturing presence is well suited for SPARQ in producing the microinverters to meet local content requirements globally. We are delighted to be working with this quality focused organization."
"We're committed to helping the clean technology sector grow to its full potential. Partnering with companies like SPARQ to bring innovative new products to market is important to Sanmina-SCI's overall clean technology strategy," said Tom Clawson, executive vice president of Sanmina-SCI's Industrial Markets. "We have brought hundreds of highly complex products to market and this deep knowledge of new product introductions enables us to bring products like SPARQ's new microinverters to market quickly and efficiently."
"SPARQ's product is a made-in-Ontario solution that benefits the province's industries and consumers," commented Randall North, chief operating officer of SPARQ Systems. "Both our R&D and manufacturing are done in Ontario, which helps manufacturers, distributors, installers and end users meet their eligibility requirements for Ontario's FIT program."
About Sanmina-SCI
Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to OEMs primarily in the communications, defense and aerospace, industrial and semiconductor systems, medical, multimedia, enterprise computing and storage, automotive and clean technology sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the company is available at http://www.sanmina-sci.com.
About SPARQ Systems Inc.
SPARQ Systems Inc. is the global enabler of integrated AC modules. SPARQ microinverters are highly reliable, lightweight and compact, giving the user faster return on investment and increased flexibility. The company is based in Kingston, Ontario.
Sanmina-SCI Safe Harbor Statement
The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina-SCI to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company's Annual and quarterly reports filed with the Securities Exchange Commission.
SOURCE Sanmina-SCI Corporation
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