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OPEL Solar Asia, Ltd. Continues Growth in the China Market

June 20th, 2011

OPEL Signs Second Utility Agreement for HCPV through its Joint Venture with Ecotech
Shelton, CT and Toronto, ON, June 20, 2011 – OPEL Solar International Inc. (TSX-V: OPL) (“OPEL” or “the Company”), a leading global supplier of high concentration photovoltaic (“HCPV”) solar panels and other solar products including ground-based and rooftop tracker systems, today announced that the Company has closed on a second agreement for its HCPV panels and dual axis trackers. This success in penetrating the China Market comes six months since the formation of OPEL Solar Asia (“OSA”). OSA has signed an agreement with a second of the five national power utilities in China, for the supply and installation of OPEL’s HCPV systems to be deployed in the region of Inner Mongolia in China. OSA is the joint venture (“JV”) between our subsidiary, OPEL Solar, Inc. in the U.S. and Ecotech Environmental Technology Ltd. (“Ecotech”) based in Hong Kong… Read the Full Press Release


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