Sustainable Energy Signs Deal with Future Electronics

August 05, 2004 by Jeff Shepard

Sustainable Energy Technologies Ltd. (Calgary, Alberta, Canada), a developer of power electronics for renewable energy applications, announced that it has entered into a bonded inventory management program with Future Electronics to guarantee the supply of critical power electronics components on a timely and cost-effective basis for the production of the company’s fuel cell and solar inverters.

”This contract is the cornerstone of our component supply chain, securing our manufactured cost structure and providing just in time control over the most important components of our SUNERGY 5 solar power inverter,” commented Sustainable Energy Director of Operations Derek Howell FCIM. “We are thrilled to have established this supply relationship with Future Electronics and will benefit significantly from their global reach as we develop products for Europe and Asia.”