08.12.11

Sustainable Energy: Rooftop systems

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Sustainable Energy Technology Ltd. is pleased to announce that it has shipped another 75 units to tenKsolar for rooftop systems in the United States. Another 200 units are poised to go in the month of December bringing the total volume to over 5 megawatts towards their 23 megawatt supply contract.

Sustainable Energy’s inverter is one of the key components for tenKsolar’s RAIS Wave system. We have been working closely on a joint engineering effort to optimize the performance of the third-generation inverter platform.  With a cost target of $0.08 per kilowatt hour, the RAIS system continues to gain traction in the United States and Europe with double digit forecasted growth in both regions for 2012.

“We are very pleased to see the volumes starting to move in key solar markets” said Michael Carten, CEO of Sustainable Energy, “with aggressive sales and marketing activities in the US and Europe it is a trend we expect to continue.”

About Sustainable Energy:

Sustainable Energy (www.SustainableEnergy.com) is a Canadian solar inverter company which supplies Canada, the U.S. and Europe. 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 PARALEX 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 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) a 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.

About tenKsolar:

Headquartered in Minneapolis, Minnesota, tenKsolar (www.tenKsolar.com) designs, manufactures and markets unique photovoltaic systems which provide the highest kilowatt hour production per unit area at the lowest cost per kilowatt hour in the industry. tenKsolar’s turn-key solar solution provides a fully integrated self-ballasted roof top system which cuts installation time by as much as 40% per equivalent watt and has been engineered to handle winds in excess of 140km/h.

Contact:
Michael Carten
Chief Executive Officer
Phone: +1.403.508.7177 #111
Michael.Carten@SustainableEnergy.com
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