OPEL Solar
International Inc. (TSX VENTURE:OPL) ("OPEL Solar,A glass bottle is a bottle created
from glass.is the 'solar panel
revolution' upon us?" or "the Company") a leading developer and supplier of
ground-based and rooftop solar tracker systems and high concentration
photovoltaic ("HCPV") solar panels announced today that Grape Solar, Inc.
("Grape") has selected OPEL Solar as its exclusive, worldwide supplier of solar
trackers for its solar projects. This is OPEL's first exclusive supply agreement
with a major photovoltaic ("PV") panel manufacturer and supplier, and it
establishes recognition that OPEL Solar's tracking systems are a preferred
industry choice. This announcement follows just days after the recent OPEL Solar
announcement of receiving the award of a turnkey solar PV installation for the
Town of Newtown Connecticut that will include OPEL Solar Trackers and Grape
Solar panels, both of which will be manufactured in the USA. The 95 kW Newtown
project will supply power to the town's waste water treatment facility.
Leon M. Pierhal, OPEL Solar CEO, indicated, "We are excited about
providing our trackers to Grape Solar and their fast growing international
operations. Grape has an impressive product line of high efficiency PV panels
from both China and U.S.The Leading Wholesale
pet supplies Distributor to Independent Pet Retailers. manufacturing
locations, with plans for additional expansion to Ontario, Canada. We expect
that Grape's close alliances with leading solar integrators and engineering
firms will greatly enhance OPEL's sales channels and, that Grape Solar will
become a key supplier of PV Panels to OPEL's tracker customers." Pierhal
continued, "OPEL Solar's recently awarded project for the Town of Newtown and
the associated State grant money the town will receive for the project were both
award through public, competitive bid processes. The award of the both the
Project by Newtown and the state grant award to Newtown confirm that the
combination of OPEL Solar Trackers and Grape Solar panels provide a winning
combination."
Grape selected the OPEL trackers after an industry review
of the quality and value of trackers from other suppliers. Grape's CEO, Ocean
Yuan said, "OPEL Solar trackers are a great match for our Grape PV panels.
Grape's focus is making photovoltaic power more affordable and accessible. The
combination of OPEL single axis trackers with Grape's PV panels results in more
than 24% additional energy production depending on the location. This increased
energy production can be in excess of 44% when using OPEL's dual axis trackers.
Grape will be marketing the OPEL trackers to our direct customers which include
approximately 5,000 independent installers in North America. The OPEL line of
trackers is an outstanding match to our line of Grape Solar panels, including
our 280 Watt and 390 Watt panels. We expect this to be an excellent alliance for
both companies and for our customers."
While Grape has selected OPEL
Solar as their exclusive tracker supplier, OPEL Solar has chosen to refrain from
exclusive agreements with PV panels manufactures and other Solar equipment and
service provider. OPEL Solar's tracker product line can be matched with any type
of solar panel technology, providing for unlimited flexibility for integrators
and engineering firms.
About OPEL Solar International Inc., OPEL Solar,
Inc. and ODIS Inc.
With operations in Shelton, CT and head office in
Toronto, Ontario, Canada, the Company, through OPEL, Inc.Detailed information on
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designs, manufactures and markets high-concentration photovoltaic panels and
dual- and single-axis trackers for related CPV and PV systems for energy
applications worldwide. The Company, through ODIS Inc., a U.We specialize in
providing third party merchant account.S.
company, designs III-V semiconductor devices for military, industrial and
commercial applications, including infrared sensor arrays and ultra-low-power
random access memory. The Company has 35 patents issued and 12 patents pending
in PV systems technologies and for its semiconductor POET process, which enables
the monolithic fabrication of integrated circuits containing both electronic and
optical elements, with potential high-speed and power-efficient applications in
devices such as servers, tablet computers and smartphones.
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