OPEL Inc.

March 20, 2009 11:00 ET

OPEL Inc. Brightens Connecticut's Clean Energy Future

CT's First Rooftop Tracking Solar Power System Goes Live at Plainville's Linden Street School

SHELTON, CONNECTICUT--(Marketwire - March 20, 2009) - OPEL Inc. ("OPEL"), a leading global developer and supplier of high concentration photovoltaic ("HCPV") and other solar products, including both roof and ground-based tracker systems, today announced that its rooftop solar power installation - the first combined rooftop solar panel and tracker system in the state of Connecticut - has gone live at the Linden Street School in Plainville, CT. The 131-Kilowatt (kW) solar installation was formally launched at a special onsite unveiling in partnership with the Town of Plainville and the Connecticut Clean Energy Fund ("CCEF"), who contributed funding for the project. OPEL Inc. is the US solar subsidiary of OPEL International Inc. in Toronto (TSX VENTURE:OPL).

Under the terms of an agreement between OPEL and the Town of Plainville, which was signed in June 2008, OPEL will own and operate the installation and sell clean electricity to the Town of Plainville at rates below those currently being paid. No capital costs were incurred by the Town and an annual savings of at least US$7,000 in electricity costs is projected. The solar power system will supply clean energy for up to 20 percent of the 130,000 square-foot elementary school's total electrical bill, eliminating 79 tons of carbon emissions, which is the equivalent of planting 10.5 acres of trees.

"We are proud to be a part of this exciting solar power initiative at the Linden Street School," said Robert Pico, CEO of OPEL International, "OPEL's rooftop solar tracker system will generate up to 30 percent more kilowatt-hours than conventional fixed flat plate silicon solar panels, which will result in more cost effective, environmentally sound power for the school."

In commenting on OPEL's installation, Robert Lee, Plainville Town Manager said, "The Linden Street School solar power program reinforces Plainville's position as a leader in clean energy initiatives with the help of valuable funding from CCEF. In addition to reducing electricity costs, we will also be contributing to a cleaner environment making this a winning collaboration for Plainville with OPEL and CCEF."

CCEF President, Lise Dondy, has this to say regarding the Plainville installation, "This innovative solar power project with OPEL at the Linden Street School highlights CCEF's focus on providing support for clean energy initiatives at Connecticut educational institutions, which now total 32 installations statewide. We hope to continue developing and implementing these valuable renewable energy programs throughout the state for many years to come."

Plainville Superintendent of Schools, Dr. Kathleen Binkowski added, "This innovative solar power initiative not only promotes a cleaner environment, but also offers a unique educational opportunity for our students at the Linden Street School to see solar energy in action firsthand."

The Plainville solar power installation features OPEL's innovative Sequoia solar tracker system (patent pending), which includes 210 trackers and 770, 170-watt solar panels. The Sequoia design, which was inspired by the root system of the Sequoia Trees, is a non-penetrating roof design that allows for simple installation and easy disassembly for any necessary maintenance.

About OPEL

With operations headquartered in Shelton, Connecticut and Toronto, Ontario, Canada, OPEL designs, manufactures and markets high performance concentrating photovoltaic ("HCPV") panels to transform solar energy into electricity for worldwide application. OPEL's high performance photovoltaic concentrating panels generate up to 40% more kilowatt-hours than conventional flat plate silicon solar panels, resulting in more cost effective electricity generated from the sun. OPEL also markets a complete line of dual and single axis solar trackers to mount solar panels for the optimum power output. OPEL also designs infrared sensor type products for military and industrial applications.

A leader in gallium arsenide and solar photovoltaic technology, OPEL has been awarded 31 patents and has 15 more patents pending. OPEL International's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information about OPEL, please visit the Company's website at www.opelinc.com.

Dated: March 20, 2009

ON BEHALF OF THE BOARD OF DIRECTORS

Pat V. Agudow, VP, Administration

Neither the TSXV nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.

Contact Information

  • OPEL International Inc.
    Pat V. Agudow
    Vice President, Administration
    (203) 612-2366 Ext 2612
    p.agudow@opelinc.com
    www.opelinc.com
    or
    W.T. Blase & Associates, Inc.
    Bill Blase
    (212) 221-1079
    or
    W.T. Blase & Associates, Inc.
    Cathy Loos
    (212) 221-1079
    or
    W.T. Blase & Associates, Inc.
    Stephanie Kuffner
    (212) 221-1079
    info@wtblase.com