Sustainable Energy Technologies Ltd (TSX V:"STG") ("Sustainable Energy" or the "Company") Canada's solar inverter company, announced today that Envirolink MDM, (www.envirolinkmdm.com) a national distributor of safe efficient environmental products, will begin distributing SUNERGYTM inverters.
Toronto, Ontario - March 8, 2011 - Sustainable Energy Technologies Ltd (TSX V:"STG") ("Sustainable Energy" or the "Company") Canada's solar inverter company, announced today that Envirolink MDM, (www.envirolinkmdm.com) a national distributor of safe efficient environmental products, will begin distributing SUNERGYTM inverters through its extensive network of dealers and OEM partners in Southern Ontario.
The SUNERGYTM inverters will power a new series of turnkey solar PV solutions being introduced by
Envirolink for projects ranging from ground mounted trackers to rooftop systems, awnings and facades. Envirolink has committed to take a minimum one megawatt (1MW) with first deliveries scheduled for this month.
"We are seeing significantly increased interest among our customers for the value of parallel solar,"
said Roderick Butler President & CEO of Envirolink. "The SUNERGYTM product is the only inverter that can deliver that value at the same cost as conventional inverters. It is also the only solution on the market that can be safely installed outdoors without the additional cost and time of enclosures to
protect against the cold."
"Sustainable Energy is very pleased to have the opportunity to work with Envirolink, a leader in
delivering unique products to sportsmen and other rural markets across Canada," said Michael Carten
CEO of the Company. "What is significant about Envirolink's expansion into grid-connected solar PV is
that the demand is coming from everyday Canadians who want to contribute to the energy solution,
while also investing for long term financial returns.
"There is considerable optimism in the air, especially for growth of micro-FIT and smaller commercial and institutional rooftop systems. In the past few weeks our sales team has successfully expanded our
network to more than 50 installers, system aggregators, OEM partners, as well as leading electrical distributors and suppliers of integrated products in advance of first production in Guelph.
About Sustainable Energy:
Sustainable Energy (www.sustainableenergy.com) is Canada's solar inverter company. The
Company's patented inverter technologies are a breakthrough in power inverter design and
capabilities for all forms of distributed generation and smart grid applications. The SUNERGYTM inverter is the industry's only grid-interactive solar inverter which enables a "parallel"
solar PV system architecture in higher power ratings at a cost and serviceability factor that is
comparable to other conventional inverters in the market. The benefits of parallel solar are: (i) 5% -
25% higher total system power output; (ii) a better fill factor enabling better coverage of available
space; (iii) simplified system design and installation; and (iv) the safety of extra low operating voltages which ensures the safety of building maintenance personnel, first responders, and tradesmen
who may accidentally come into contact with system wiring. Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the
Canadian and US Patent Offices.
Forward Looking Information:
The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, it includes: statements concerning the impact of Sustainable's technology on solar PV system performance and
statements concerning the demand for solar PV in rural Ontario. While management believes these statements to
be accurate they are dependent on a wide range of factors beyond management's control and should not be viewed
as a guarantee of the specific outcome. Forward-looking information is not a guarantee of future performance and
involves a number of risks and uncertainties.
Many factors could cause the Companies' actual results, performance or achievements, or future events or
developments, to differ materially from those expressed or implied by the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The
Companies do not undertake any obligation to release publicly any revisions to forward- looking information
contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of
unanticipated events, except as may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Chief Executive Officer
Tel : +1403.508.7177 #111
Director, Investor Relations
Tel : +1.403.508.7177 #113