OPEL Solar Launches OPEL Solar Asia, Ltd.

December 15th, 2010

–OPEL Forges into Growing CPV Solar Market in Asia in Joint Venture with Ecotech–
-Relationship Starts with 2 Megawatt Product Order-
OPEL Solar Inc. today announced the formation of OPEL Solar Asia Ltd (“OSA”) in Hong Kong. OPEL Solar, Inc. in the U.S. and Ecotech Environmental Technology Ltd (“Ecotech”) based in Hong Kong, are the two partners in the joint venture (“JV”). For OPEL this represents the beginning of a long-term goal to position OPEL to enter East Asia, developing the HCPV market. In signing the agreement, OPEL Solar’s advanced HCPV technology moves into what has been deemed the fastest growing solar market in the world with years of strong growth projections ahead…Read Full Press Release

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