Sustainable Energy Sales and Market Update

Sustainable Energy Technologies Ltd. (TSX VENTURE:STG), ("the Company" or
"Sustainable Energy") announced today that it has begun delivering inverters to
Scheuten Solar Iberica SA for two projects in the Province of Castille La
Mancha, Spain. Revenues on the sale of the inverters will be approximately
$705,000 in this Quarter.


Spain has recently announced changes in the prices paid for solar PV, in
particular reducing the amounts paid for ground-mounted systems permitted after
September 2008, while leaving the prices largely unchanged for rooftop and
building integrated solar projects. In addition, under recently enacted
legislation, solar PV is mandated for all new industrial commercial and
buildings.


"With reduced investor yields from large ground-mounted systems, most industry
observers foresee a rotation of capital into the rooftop and building integrated
market, as well as greater use of lower cost thin film and higher powered solar
concentrators for ground-mounted projects," said Michael Carten President & CEO
of the Company. "This is in fact very good news for Sustainable Energy, as our
inverter platform offers tangible value in these applications that conventional
inverter technologies cannot.


"In response to these market changes, we have adjusted the direction of our
marketing strategy towards developing multi-year OEM, bundling and/or private
labeling relationships with companies focusing on the sectors where our
competitive advantages are greatest." added Carten.


"Specifically:

- We have recently announced agreements with two leading solar concentrator
("CPV") project developers, with several others anticipated soon. The goal in
each case is to integrate the SUNERGY inverters into the CPV trackers under
multi-year OEM arrangements.


- We are exploring opportunities with two of Spain's leading solar companies to
private label SUNERGY inverters as part of bundled systems, especially for
building integrated thin film systems.


- We are in discussions with a large European power supply company to private
label our SUNERGY platform for thin film solar. In the thin film application,
our "parallel" system approach enables virtually 100% coverage of the roof area,
which is typically not possible with the more conventional "series"
configuration."


"In each of these cases, successful multi-year, multi-megawatt relationships are
projected. There is, of course, no assurance that the negotiations currently
underway will lead to successful contracts."


"In Greece, where we have a sales partnership with one of the country's largest
renewable energy project developer, (announced October 1, 2007) the market is
picking up after being delayed as a result of issues surrounding the 40% capital
grant allocations. In the meantime we have also developed a series of re-seller
relationships in the principal regions of the country."


About Sustainable Energy Technologies Ltd.: Based in Calgary, Alberta, Canada,
Sustainable Energy designs, manufactures and distributes power inverters for
distributed alternative energy applications. Power inverters convert and control
the raw power output of renewable power generators (such as solar and small wind
power systems) and energy storage systems (such as batteries and stationary fuel
cells) to grid-quality power. The Company is focused on delivering product
solutions to the solar power market in Europe.


For more information on the Company and its SUNERGY(TM) inverter please visit:
www.sustainableenergy.com.


Certain statements contained in this press release may be considered as
forward-looking. Such forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from
estimated or implied results.

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