Sustainable Energy Technologies Ltd.
TSX VENTURE : STG

Sustainable Energy Technologies Ltd.

September 09, 2009 14:36 ET

Head of the Class: Sustainable Energy Technologies Powers Solar Rooftop PV System for Calgary School

CALGARY, ALBERTA--(Marketwire - Sept. 9, 2009) - Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") today announced that its PARALEX solar rooftop power system will provide electricity to the Strathcona-Tweedsmuir School in Calgary, Alberta, with support from ENMAX Energy. The PARALEX system will be a critical component in the installation, which includes 100 solar panels covering 8,000 square feet of rooftop. The entire system will deliver 10 kW of power to turn on lights, run computers, and partially offset the school's daily electricity needs.

The Strathcona-Tweedsmuir project will demonstrate the performance of two different solar power system architectures and compare the results to determine which yields the highest energy output. Fifty panels will be mounted in a traditional series string architecture. The other 50 will trial the PARALEX system, which wires the panels in parallel to optimize power output and avoid impact from real-world factors such as shading or dirt which cause series architectures to lose energy due to the lowest performing panel. The PARALEX system also incorporates an extra low voltage inverter to ensure public safety.

"The Strathcona Tweedsmuir School rooftop solar power system demonstrates the immense potential for solar power to meet our energy needs while reducing costs and addressing emerging safety concerns. We are very excited to establish this innovative test bed near Sustainable Energy's research and development centre in Calgary," said Brent Harris, VP Product Development at Sustainable Energy. "The installation will enable us to benchmark the performance advantages of PARALEX, and provide a concrete demonstration of our technology to the Calgary community."

PARALEX is designed to deliver a greater return on investment while also providing the highest level of safety and reliability that is crucial for government and commercial buildings. The technology is ideally suited for schools and community centers due to its inherently safe, low-voltage design. The systems are easily and inexpensively installed and maintained and will enable schools realize significant value in energy efficiencies.

"This is a large installation for Alberta and part of a fundamental shift in how power is generated in our province and our country," explained Gary Holden, President and CEO of ENMAX Corporation. "There is a strong need for more data surrounding renewable energy technologies and ENMAX Energy is leading the way through pilot projects such as this and home-based installations with our employees."

"We are excited about collaborating with ENMAX Energy on this project because it will contribute to the knowledge base on renewable energy technologies" says William Jones, Head of School, Strathcona-Tweedsmuir. "Also, it will provide authentic learning experiences for our students in areas such as physics, and contribute to their understanding of environmental stewardship."

To view the Installation Photo, please click the following link: http://www.sustainableenergy.com/fileadmin/user_upload/_temp_/Solar_Installation.jpg

About Sustainable Energy:

Sustainable Energy (www.sustainableenergy.com) is changing the way the world installs solar power through PARALEX™ a unique line of solar energy products and systems for commercial and public sector markets. PARALEX™ is based on a patented low voltage high yield inverter and thin film PV modules, which enables a parallel architecture to increase total system yields while also addressing emerging safety concerns. PARALEX™ achieves higher energy yields and operates at intrinsically safe voltages as well as enabling simpler more flexible design that improves module coverage of any rooftop. The result is the lowest cost per kilowatt hour for maximum return on invested capital.

Sustainable Energy's inverter technology is based on 9 patents covering core concepts and control algorithms issued by the US and Canadian patent office with additional patents pending.

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, we include: statements concerning the impact of our technology on solar PV system performance; statements concerning the potential for sales in the markets we have entered and statements concerning the manufactured cost of our products. Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the Company's 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 Company does 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.

Contact Information

  • Sustainable Energy Technologies Ltd.
    Michael Carten
    Executive Chairman
    (403) 508-7177
    or
    Sustainable Energy Technologies Ltd.
    Robert Bucher
    President & CEO
    (403) 508-7177
    or
    Borders + Gratehouse
    Emily Borders
    (415) 963-4174 ext 1