OPEL announced that testing of its Mk-I HCPV solar panel verified

Posted by admin | OPEL | Friday 5 September 2008 3:30 pm

OPEL International Inc. (CA:OPL: news, chart, profile) (”OPEL” or “the Company”), a leading global developer and supplier of high concentration photovoltaic (HCPV) and other solar products, today announced that testing of its Mk-I HCPV solar panel verified that it qualifies under the provisions of the IEC 62108 standard. With the achievement of this milestone, OPEL has positioned itself to be a leading supplier of HCPV panels in the important European market and beyond.
OPEL’s Mk-I will now ship bearing the CE label indicating compliance with European market requirements, meeting the quality standard for PV products and other solar equipment in European markets. The CE certification of OPEL’s Mk-I product will allow OPEL’s customers to apply for permits and feed-in-tariff contracts, thereby accelerating the deployment of their planned installations.
In addition, with CE qualification completed, a number of market opportunities are now open for OPEL’s Mk-I HCPV panels in other markets that use European standards as guidelines for their own installations.
“With this CE Qualification, we have achieved a very ambitious milestone that we set for ourselves earlier in the year, and done so ahead of schedule,” said Dr Javier Berrios, OPEL’s Vice President of Engineering. “I can’t be more pleased with our Qualification and the performance of the high efficiency Mk-I HCPV panel. Most importantly, our customers in Europe, Asia and the Mid-East will now receive Mk-I HCPV panels with CE labels for their applications.”
The Mk-I concentrates light more than 600 times and has one of the highest efficiencies of concentrators in commercial production today. The Mk-I was shipped to customers in the Czech Republic, France, Spain, Korea and the United States, for large scale solar grid field applications.
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% 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 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, the Company has been awarded 23 patents and has 23 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.
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.

Opel will unveil a station wagon version of its new Insignia at the Paris Motor Show in October called the Sports Tourer. It is to go on sale in early 2009 and features a long sloping roofline and wraparound tailgate with fully integrated large rear lights.

Measuring 4.91 metres in length, the car is also eight centimetres higher than the sedan version. Opel lists the load volume at 540 litres, some 10 litres more than the predecessor Vectra Caravan.

Apart from petrol and diesel versions, customers can choose such extras as adaptive FlexRide chassis and the new Opel Eye camera system with lane departure warning system and traffic sign recognition.

After the launch of the sedan and five-door hatchback version at the London Motor Show in July, the Sports Caravan is the third in the model series. Opel is offering a more powerful turbodiesel and turbocharged petrol unit in addition to the five engines available for the sedan and hatchback.

According to Opel, an ecoFLEX Sports Tourer with low emissions and fuel consumption is planned for the near future.

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