Sustainable Energy Technologies Ltd.

Sustainable Energy Technologies Ltd.

January 29, 2010 19:28 ET

Sustainable Energy Files Audited Financial Statements and AIF

TORONTO, ONTARIO--(Marketwire - Jan. 29, 2010) - Sustainable Energy Technologies Ltd. (TSX VENTURE:STG), ("Sustainable Energy") today announced that it has now filed its audited financial statements for the year ended September 30th, 2009 and the related Management Discussion & Analysis, both of which are now available for viewing at Sustainable Energy has also filed its Annual Information Form.

About Sustainable Energy: Sustainable Energy ( designs, manufactures and distributes power inverters for grid-connected solar PV systems. Advanced power inverters are a critical enabler of all modern solar PV power systems converting the direct current ("DC") power output of the solar PV modules into the high quality alternating current ("AC") power required by the power grid. Advanced power inverters also optimize the performance of the solar PV modules and maintain the integrity and safety of the interconnection with the power grid.

In rooftop applications, the extra low operating voltage of the SUNERGY platform enables a system architecture that is inherently safe and that can be installed and maintained by most building trades without the need for PV specialists, significantly reducing the installed system cost and increasing investor yields.

In ground-based applications, multiple SUNERGY inverters offer higher system yield, less downtime and easier installation and maintenance, than larger "central" inverters. For these reasons, multiple smaller inverters like SUNERGY are increasingly displacing central inverters in European ground based applications - where system performance rather than name plate capacity is the driver.

Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the US Patent and Canadian Patent Offices.

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 #111
    Sustainable Energy Technologies Ltd.
    Robert Bucher
    President & CEO
    (416) 642-5616
    Borders + Gratehouse
    Emily Borders
    (415) 963-4174 ext 1