Sustainable Energy Technologies Ltd.: High Profile 50kW Industrial Rooftop FIT Project in Ontario Selects SUNERGY Inverters

TORONTO, ONTARIO, Nov 4, 2010 (Marketwire via COMTEX News Network) --

Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") Canada's solar inverter company announced today that it has been chosen as the inverter technology to be used in a high profile 50kW installation from a leading EPC and project development company based in Southern Ontario. The SUNERGY inverters will be installed on an industrial rooftop owned and operated by one of the largest automotive suppliers in Canada.

"We are excited to be securing projects like this which demonstrate the value of parallel with the SUNERGY inverters in one of the highest profile installations in Ontario" said Axel Hartung, Chief Sales & Marketing Officer for Sustainable Energy. "With our sales book full for the balance of 2010, our sales team is beginning to aggressively secure business for calendar Q1-Q2 2011."

"The value of parallel systems is gaining traction in the Ontario market and we are emerging as the "go to" solution for larger installations looking to optimize power output and return on investment at a cost and serviceability factor that is needed for these applications," added Hartung.

The SUNERGY inverters are expected to be shipped in November 2010 with grid connection to follow shortly thereafter. Details on the projects are expected to be made public before the end of this year.

For competitive and customer confidentiality reasons, the Company does not disclose the value of the contracts or the customer.

About Sustainable Energy: Sustainable Energy (www.sustainableenergy.com) is Canada's solar inverter company. 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 SUNERGY(TM) inverter is the industry's only grid-interactive solar inverter which enables a "parallel" solar PV system architecture 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) 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 US and International 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 our technology on solar PV system performance; statements concerning the impact of system design on system performance of architecturally integrated solar power systems. 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.

SOURCE: Sustainable Energy Technologies Ltd.