Sustainable Energy Technologies Ltd.: Leading Chinese PV Module Manufacturer to Bundle PARALEX Inverter for US Market
23 11월 2011 - 10:00PM
Marketwired
Sustainable Energy Technologies Ltd. (TSX VENTURE:STG)
("Sustainable Energy" or the "company") announced today that it has
reached an agreement with a leading Chinese PV module manufacturer,
which is targeting more than 250MW of production capacity for 2012,
to bundle PARALEX inverters with its high efficiency solar modules
and distribute the bundle to the solar installer community in the
U.S.
Under this non-exclusive agreement, Sustainable Energy will also
collaborate to market the value of the parallel system architecture
as well as providing system design and technical support.
"This agreement once again proves the demand for PARALEX. We
believe that the majority of solar PV systems for residential and
small commercial systems will be "kitted" to reduce transaction
costs and generally reduce the overall complexity of the
installation by eliminating custom engineering."
"PARALEX simplifies distribution and system planning by enabling
a standardized bundle which can be adapted on site to accommodate
variations in site conditions and system sizes. Early market
response for to the value added by PARALEX has been positive and
securing OEM partners like this is a priority for our sales team,"
said Michael Carten, CEO of Sustainable Energy Technologies.
About Sustainable Energy:
Sustainable Energy's (www.sustainableenergy.com) patented
inverter technologies are a breakthrough in power inverter design
and capabilities for all forms of distributed generation and
storage and other smart grid applications.
The SUNERGY(TM) 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 other 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) 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.
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, it includes: statements concerning the
impact of Sustainable's technology on solar PV system performance,
and the forecasted production capacity by the unnamed Chinese
partner. While management believes these statements to be accurate
they are dependent on a wide range of factors beyond management's
control and should not be viewed as a guarantee of the specific
outcome. Forward-looking information is not a guarantee of future
performance and involves a number of risks and uncertainties.
Many factors could cause the companies' 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. The companies do 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 403.508.7177
#111Michael.Carten@sustainableenergy.com
Stone Gold (TSXV:STG)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Stone Gold (TSXV:STG)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024