Salicru S.A. Taps Sustainable Energy to Deliver High-Yield Paralex PV Solutions
Barcelona, Spain – February 25, 2010 – Sustainable Energy Technologies Ltd (TSX V:”STG”) announced today that it will begin deliveries of its next generation SUNERGYTM 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 SUNERGYTM 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 distributio network among the region’s leading building products suppliers. The ParalexTM 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 ParalexTM package.
