Sustainable Energy Technologies Ltd.: Leading Chinese PV Module Manufacturer to Bundle PARALEX Inverter for US Market

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.

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