OPEL Solar, Inc. a subsidiary of OPEL Technologies Inc.
Operations Office: Head Office:
3 Corporate Drive, Suite 204 Suite 501, 121 Richmond Street West
Shelton, CT 06484 Toronto, ON, M5H 2K1
Phone: (203) 612-2366 Phone: (416) 368-9411
Fax: (203) 944-0800 Fax: (416) 861-0749
NEWS RELEASEOPEL Solar, Inc. Supplies GES USA with 4.6 Megawatts of Tracker Systems
OPEL Marks a Milestone with its Largest Tracker Order for the TF-800 Series Shelton, CT and Toronto, ON, January 9, 2012 - OPEL Solar, Inc. and OPEL Technologies Inc. (TSX-V: OPL) (collectively "OPEL" or "the Company"), a leading global supplier of solar tracker systems and high concentration photovoltaic ("HCPV") solar panels and a semiconductor device and process developer, announced today that it has completed delivery of 4.6 Megawatts ("MW") of its TF-850 market leading solar trackers to Global Energy Service U.S.A. ("GES"). This is OPEL's largest order in its history, furthering OPEL's sales progress. The trackers were chosen for two solar fields being built by GES in California. GES specializes in full service solar projects, providing engineering, site preparation and site construction.
The first field delivery was completed in September for a
2.32 MW installation in Palmdale, California; the second
project is located at 29 Palms, California, and delivery of
OPEL's trackers was completed recently for an additional 2.27
MW solar field. GES has been the EPC ('engineering,
procurement, and construction") company for these two
projects being developed by Gestamp Solar, a leading
developer of utility scale solar projects headquartered in
Madrid, Spain.
"OPEL Solar is experiencing increasing success with the
TF-800 series of tracker products," said Leon M. Pierhal, CEO
of OPEL Technologies Inc. "This is evidenced by GES and
Gestamp choosing OPEL's tracking systems for these two large
scale solar fields, making these orders the largest in our
Company's history and strongly contributing to our revenue.
The strategy to emphasize our solar tracker line of products
was discussed at the Annual General Meeting in June. Solar
contractors and developers are using our market leading
single axis tracker because it has a vast number of key
unique features that enhance energy production and lower
expense of solar fields."
In the single axis tracker market, OPEL will provide the
TF-800 series of ground-mounted trackers that have proven to
be very attractive commercially. This is because of the
unique product features and ease of installation and their
reverse tracking ability to avoid shadowing from adjacent
trackers. The versatility of the OPEL solar trackers allows
the use of any solar panel technology currently being
deployed on commercial and utility scale projects, making it
solar panel indifferent and an ideal selection of most solar
generation installations. The features of the TF-800 tracker
also favorably impact the installation as well as the
operation and maintenance system ("O&M") of a solar power
plant. This tracker can be assembled by two people using just
basic hand tools. The wireless tracker network control
technology incorporated into OPEL's TF-800 solar tracker
product line helps lower the upfront construction costs while
allowing tracker level monitoring. A solar generation plant
owner is able to monitor the solar field remotely, including
modifying the position of any one or all of the trackers in
an installation. This capability reduces installation costs
and O&M expenses, increases efficiency and helps maintain
optimal performance.
###
About Global Energy Services U.S. (GES)
GLOBAL ENERGY SERVICES (GES) is the leading independent
services provider for the renewable energy industry. Since it
was founded in 1982 it has played an active part in the
evolution of the energy sector, and it now stands out as a
leading solar EPC and O&M provider. The company has a
workforce of over 4,500 people, one of the biggest and most
highly qualified in the clean energies field.
GES specializes in Life-Cycle services including Feasibility
Planning, Detailed Engineering at all phases of a project,
Pre-construction Planning and Constructability Review,
Construction, Procurement, Assembly, Start-up and
Commissioning Operations and Maintenance. GES' model fits
perfectly with each developer's strategy, providing not only
best practices and quality construction, but also operation
and maintenance, easing the warranty period of the
installations.
Since 2004 GES has consolidated its market presence and has
become one of the largest solar services suppliers in the
world. GES is pursuing an aggressive growth strategy through
expanding partnerships with energy firms. Capitalizing on
almost 30 years of experience and operations in America,
Europe and North Africa, GES is positioned to deliver rapid,
efficient and customized solutions for their clients.
A commitment to the highest standards of training and an
unmatched health and safety culture ensures that GES
projects are completed on-time and on-budget.
For more information, please visit the website at www.ges-usa.com
About Gestamp Solar
Gestamp Solar, photovoltaic energy subsidiary of Gestamp Renewables, specializes in the development, construction and operation of solar farms in USA, India, South Africa, Italy, France and Spain. It has participated to date in over 400 MW of PV systems.
About Gestamp Renewables and Corporación Gestamp
Corporación Gestamp, parent company of Gestamp Renewables, is
a multinational leader in Europe in the steel sector,
automotive components and renewable energy. It is currently
present in 25 countries in Europe, America and Asia, with 118
industrial plants and a global workforce of 30,000 employees.
Corporación Gestamp will end 2011 with a turnover of 7,000
million Euros.
Gestamp Renewables (www.gestampren.com), a division of
Corporación Gestamp, is an industrial operator and supplier
of components in the field of renewable energies with a
single integrated business model, with presence across the
whole value chain, from manufacturing and components supply,
promotion, construction, maintenance, operation and
development of wind, solar and biomass energy projects.
Gestamp Renewables integrates three lines of activity in
Corporación Gestamp's renewable energies: Gestamp Solar,
Gestamp Wind and Gestamp Biomass. With a clear commitment to
international growth, it is currently present in Europe,
U.S., Latin America, Brazil, India, Turkey and South Africa.
About OPEL Technologies Inc., OPEL Solar, Inc. and ODIS Inc.
With operations in Shelton, CT and head office in Toronto,
Ontario, Canada, the Company, through OPEL Solar, Inc.,
designs, manufactures and markets dual- and single-axis
trackers and high-concentration photovoltaic panels for
related CPV and PV systems for energy applications worldwide.
The Company, through ODIS Inc., a U.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 16 patents pending in PV systems
technologies and for its semiconductor POET process. The POET
process 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.
OPEL's common shares trade on the TSX Venture Exchange under
the symbol "OPL". For more information about OPEL, please
visit our websites at www.opelsolar.com; and
www.opeltechinc.com; and for ODIS at www.odisinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information: Patricia Venneri Agudow
Vice President, Public Relations Tel: +1 (203) 612-2366 x2612
p.agudow@opelinc.com
Michel Lafrance, Secretary
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
distribué par | Ce noodl a été diffusé par OPEL Solar International Inc. et initialement mise en ligne sur le site http://www.opelinc.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-09 17:12:51 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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