Sustainable Energy Technology Ltd. (TSX VENTURE:STG) ("Sustainable Energy") announced today the introduction of its PARALEX "practical parallel solar" inverters at Solar Power International 2011, October 18 - 20 2011, at the Dallas Convention Center in Dallas, Texas. With over 25,000 solar professionals, including 1,200 companies covering over 1 million square feet of exhibit floor space, Solar Power International is the largest conference of its type in North America.

Sustainable is showcasing the PARALEX line at its booth #724.

PARALEX 5000C60 - designed for the rapidly growing US commercial roof top market

PARALEX 5000A60 - focused on the rural and agricultural markets

PARALEX is the only solar inverter which combines the higher yields and design flexibility of module level power optimization ("parallel solar") with the low cost, reliability and easy serviceability of conventional string inverters. Featuring field exchangeable electronics, PARALEX also cuts service time and increases system availability. PARALEX is reporting peak efficiencies above 97% and 99.8% product reliability. PARALEX is "practical parallel solar."

The PARALEX inverter, in combination with the PARALEX integrated balance of system solution, allows for a reduced balance of system cost, simple easy installation, and a power monitoring granularity not matched by conventional string inverters.

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) 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 US Patent Offices.

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; and statements concerning demand for 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.

Readers are also directed to the Risk Factors section of the Company's current Annual Information Form which may be found on its website or at www.sedar.com 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.

Contacts: Sustainable Energy Technologies Ltd. Michael Carten Chief Executive Officer 403.630.9544Michael.Carten@SustainableEnergy.com

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