NR Salicru S.A. Taps Sustainable Energy to Deliver..........
posted on
Feb 25, 2010 11:46AM
Sustainable Energy is a leading developer and manufacturer of power conversion products for the renewable energy industry.
Salicru S.A. Taps Sustainable Energy to Deliver High-Yield "Paralex(TM)" PV Solutions
BARCELONA, SPAIN, Feb 25, 2010 (Marketwire via COMTEX News Network) --
Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") announced today that it will begin deliveries of its next generation SUNERGY(TM) inverters to Salicru S.A. ("Salicru") under a previously announced agreement between the two companies.
Under the agreement, Salicru will distribute Sustainable Energy's next generation of the SUNERGY(TM) Low Voltage and Extra Low Voltage inverters under the "Salicru Equinox" brand label throughout Salicru's markets in Southern Europe, North Africa and the Middle East. The deliveries, which are scheduled to begin in March 2010, are pursuant to the initial purchase order from Salicru for a total of 15MW.
Salicru is recognized as one of Europe's leading power electronics and energy management companies, and, indisputably, the market leader in Spain and Portugal, with an extensive distribution network among the region's leading building products suppliers. The Paralex(TM) system architecture eliminates the need for site-specific custom design of PV systems and for solar PV specialists enabling solar PV systems to be designed and installed by mainstream building trades. The result is lower system costs and broader distribution channels for SUNERGY inverters and related solar PV products forming part of the Paralex(TM) package.
About Salicru S.A.
Founded in 1965, and headquartered near Barcelona Spain, Salicru, (www.salicru.com) is one of the leading manufacturers of power electronics products in Europe, and indisputably the market leader in Spain and Portugal, supplying a complete range of product solutions ranging from basic AC power supplies and uninterruptible power supply system to complex integrated DC power systems. Salicru has a strong market reach into all the European markets, and has an extensive network of relationships in North Africa, the Middle East, Australia and other Asia Pacific markets.
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.
The extra low operating voltage of the SUNERGY platform enables a system architecture that is inherently safe and that can be installed and maintained by most building trades without the need for PV specialists, significantly reducing the installed system cost and increasing investor yields.
Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the US Patent and Canadian Patent Offices.