OPEL International Inc.
TSX VENTURE : OPL

OPEL International Inc.

July 07, 2009 08:45 ET

OPEL International and Partner Complete Phase One of Commercial HCPV Installation

Utility Grade Solar Farm of 110 kW Delivers Revenue and Power Grid Production

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - July 7, 2009) - OPEL International Inc., (TSX VENTURE:OPL), a leading global developer and supplier of high concentration photovoltaic ("HCPV") and other solar products, including ground-based and rooftop tracker systems, and its Spanish partner, BETASOL, today announced that the first phase of a four-phase, 440 kilowatt (kW) utility grade solar photovoltaic power plant has been completed in Spain. This initial phase, which is generating 110 kW, represents one of the first HCPV installations supplying commercial electricity to the power grid and is already generating revenue for BETASOL.

OPEL built this installation with its Mk-I high concentration panels (HCPVs) mounted on dual axis trackers. The balance of the installation is expected to be done during the third quarter of 2009. When the project is fully completed, it will supply electricity to over 350 households.

OPEL's partner, BETASOL, a Spanish company, specializes in building utility grade solar farm installations and their subsequent sale to investor groups. Solar farms are a collection of solar panels mounted on trackers that convert solar energy into electricity. This utility grade solar farm is located in the Province of Tarragona in Spain, a prime area for solar deployments.

"The successful completion of the initial 110 kW phase of this HCPV system represents one of the first commercial grade installations using HCPV technology generating revenue in Spain, and we view it as a continued expansion of OPEL's leading edge solar concentrating technology," said Robert Pico, CEO of OPEL International.

"We are excited about the operational completion of this HCPV solar power plant, which is now delivering electricity to the power grid in Spain, and we are pleased to share this success with our partner, BETASOL," Pico added. "This installation has attracted great interest of potential customers in both Europe and Africa. Our HCPV technology promises to deliver cost effective solar generated power to many markets across Europe and Africa."

"We at BETASOL are very pleased to have this project now providing renewable solar electricity to the power grid using HCPV, one of the advanced solar technologies in the world today," said Jesus Cabetas, Managing Director of BETASOL. "Our partnership with OPEL using its HCPV panels greatly improved the system's efficiency, thus making the rate of return provided by the Spanish feed-in tariff structure even more attractive to investors."

"OPEL's Mk-I HCPV panel design is a cost competitive solution concentrating light from the sun more than 500 times on to very high efficiency multi junction solar cells," said Frank Middleton, Vice President of Marketing for OPEL International. "This product has conversion efficiencies up to twice those of silicon solar panels and more than three times that of thin film solar panels, making it an optimum solution, especially in sunny climates such as the Mediterranean basin and the South Western United States."

OPEL will continue to report on its progress with this leading solar technology as it completes the other phases of this project.

About OPEL International

With operations headquartered in Shelton, CT 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 percent 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 optimum power output. OPEL also designs infrared sensor type products for military and industrial applications.

A leader in gallium arsenide and solar photovoltaic technology, the company has been awarded 39 patents and has eight more patents pending. OPEL'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: July 7, 2009

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

Investors are cautioned that except for statements of historical facts, certain statements contained in this news release may include forward-looking information with respect to the Company. Such forward-looking statements or information are based on current expectations, estimates and projections formulated using assumptions currently believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The TSXV has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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