Sustainable Energy Partners with changetec GmbH to Enter German Solar Market
Freiberg, Germany – March 15, 2010 – Sustainable Energy Technologies Ltd (TSX V:”STG”)
(“Sustainable Energy”) announced today that it has agreed to supply changetec GmbH (“Change Tec”),
a German solar distributor, with an initial 2 MW of SUNERGY ELV (extra low voltage) solar inverters for
distribution under private label to the German solar market in 2010.
changetec is part of the SolarConsult AG, group of companies, the leading German solution provider
for low voltage systems with more than 1800 systems installed across Germany
“Sustainable’s ‘SUNERGY ELV’ is the perfect addition to our low voltage inverter portfolio.” said Marten
Zotner, the CEO of changetec. “With its high power output and high efficiency, it is the ideal inverter
for industrial rooftop projects.”
First deliveries under this contract are expected to begin in the next two months. In addition to
distributing SUNERGY inverters, changetec will provide after-sales support and repair services for all
SUNERGY Low Voltage (LV) and Extra Low Voltage (ELV) inverters distributed by Sustainable Energy
and its other German partners in Germany.
“We are very excited about our partnership with changetec,” said Axel Hartung, Vice President of
Sustainable Energy. “Their widely diversified and highly regarded network of distributors throughout
Germany is the perfect first sales channel for our products in what is still the largest solar PV market in
the world. Our partnership is an important milestone for Sustainable Energy and we are looking
forward to a long and prosperous relationship.”
The SUNERGY LV and ELV inverter platform enables solar PV panels to operate at their optimum power
output in “parallel” with other panels within the system.
With system operating voltages set to the inherently low voltages of the solar PV panels, the parallel
system architecture eliminates the risk of serious injury making it the ideal solution for applications
where public safety is a concern.
A parallel system design also increases total system power output from 5% - 15% depending on site
conditions, and eliminates the need for site specific custom design, allowing systems to be designed
and installed by mainstream building trades..
Sustainable Energy’s patented technologies enable the parallel system architecture in higher power
ratings using an industry standard form factor and at a cost and efficiency that ranks with the leading
conventional solar inverters.
About Changetec GmbH:
Based in Freiberg, Germany, Changetec GmbH www.changetec.de is a part of the SolarConsult AG
www.solarconsult.de group of companies which was a diversified sales network throughout, and
installers, and more than 1,800 installations.
About Sustainable Energy:
Sustainable Energy (www.sustainableenergy.com) 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.
Contact:
Michael Carten
Sustainable Energy Technologies Ltd.
Executive Chairman
(403) 508-7177 #111
OR
Robert Bucher
Sustainable Energy Technologies Ltd.
President & CEO
(416) 642-5616
Media Contact:
Borders + Gratehouse
Emily Borders
(415) 963-4174 ext 1
Website: www.sustainableenergy.com |
