Sustainable Energy Technologies Ltd.
TSX VENTURE : STG

Sustainable Energy Technologies Ltd.

March 19, 2009 11:27 ET

Sustainable Energy Technologies Ltd.: D & D Securities Company Provides Overview on "Disruptive" Thin Film Photovoltaic Technologies

Concludes that best value for investors in the solar industry will be in peripheral devices that make solar PV systems operate more efficiently and with lower input costs Cites Sustainable Energy's "parallel" operating system as most attractive and lowest cost operating system for thin film PV in rooftop and BIPV market segments

CALGARY, ALBERTA--(Marketwire - March 19, 2009) - On March 17, 2009, D & D Securities Company a Toronto based investment dealer (www.dndsecurities.ca) published a report entitled "Thin Film Photovoltaic - Through the Fog" providing an overview of the rapidly changing industry dynamics.

The report concludes that thin film PV is a "disruptive" technology that will transform the PV solar market with a fundamentally lower cost structure, enabling it to take significant market share from the incumbent PV module manufacturers.

The report also offered the following observations:

- Lower panel prices are expected to spur demand by the second half of 2009 with the industry resuming annual growth of 30% and driving innovation to reduce cost improve system efficiencies and provide more system design flexibility.

- With over capacity and lower prices, choosing winners and losers among existing producers and newcomers on the module side will be a challenge. The best value for investors may not be in the PV systems, but in the peripheral devices needed to make the system operate more efficiently with lower input costs.

- Rooftop and building integrated PV systems will become an integral part of thin film growth strategy as indicated by Ontario's proposed $0.802 / kWh for roof top and the evidence is mounting that rooftops will adopt the more flexible and suitable "parallel" architecture.

- Sustainable Energy has the most attractive and lowest cost "parallel" operating system (patented) to make thin film more competitive in rooftop and building integrated market segments.

The report can be viewed at the following link http://www.dndsecurities.ca/news/pdf/Thin_Film-Through_the_Fog.pdf. or by contacting Elizabeth Muchal Singh at 416.369.3302 or esingh@dominick.ca

About Sustainable Energy

Based in Calgary, Alberta, Canada, Sustainable Energy Technologies Ltd. (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") (www.sustainableenergy.com) designs and manufactures advanced power inverters for the solar power industry.

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.

Sustainable Energy has developed and patented an inverter design which is a breakthrough in inverter technology. The Company's products enable solar PV systems to be designed and installed using a "parallel" architecture so that each PV panel operates at it optimum power point independently from the other panels in the string without compromising electrical conversion efficiencies. The technologies also enables an inverter platform which the Company believes will have one of the lowest costs/watt in the industry. Nine (9) patents are issued by the US and Canadian patent office with respect to the Company's core concepts and software with other patents pending.

Forward Looking Information

The views of D&D Securities Company concerning the matters discussed in the referenced report are its own, and the Company expresses no opinion concerning the information contained in the report, but is only making readers aware of the report and some of the highlights. The reader is advised that some of the information herein and in the referenced report may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the 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 of publication.

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information