GrowthStockAnalyst.com Spotlights SOEN with a New Price Target of $5.17 from the Wellington Report

(CybeRelease, June 20, 2006) - Lake Harmony, PA - Solar EnerTech Corp. (OTC BB: SOEN) (the “Company”) is pleased to report from the previously announced China Renewable Energy Summit held June 17th at the National Congress Conference Center in Beijing where Solar EnerTech, as one of the sponsors, took a lead role at the event with Company CEO and President Leo. S. Young delivering a keynote speech to the audience of industry insiders, legislators and key policy makers.

The summit was planned and eagerly anticipated by the National Congress of China over a period of several months, particularly as the government has begun a significant shift in energy policies towards renewable energy initiatives given the passing of the country’s new Renewable Energy Act endorsed in January of this year.

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