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Sustainable Energy Technologies
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Manufacturer and marketer of electric power inverters for solar PV systems

Founded in 2006
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Company type Public Public ()
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Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Calgary, AB Calgary, Canada
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Parent Companies Eguana Technologies

Updated by Cleantech Group on 08/19/2021

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Date Company
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Date Partner Type
07/26/2011
Würth Solar Würth Solar
Sustainable Energy Technologies is collaborating with Würth Solar to demonstrate the performance of Sustainable Energy’s massively parallel PARALEX system design with the new Würth Solar high efficiency CIS modules
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Confirmed by Würth Solar
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IPO INFORMATION

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Date Investors Type Amount
12/26/2012 Doughty Hanson Doughty Hanson (1)
Post-money valuation of
This investment will provide additional capital to the company to shift production to its 3rd generation PARALEX “STX” inverter for North American and Japanese solar PV markets; and to begin first production of its “AC Battery” for markets in Germany and Japan.
PIPE $500,000
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