News

6 November 2009

 

CPV system maker OPEL Solar awarded $179,000 by US Treasury

OPEL Solar Inc, a subsidiary of OPEL International Inc of Shelton, CT, USA and Toronto, Canada, which makes high-concentration photovoltaic (HCPV) panels, has been awarded $179,000 as part of the US Department of Energy and Treasury Department program, under the American Recovery & Reinvestment Act (ARRA), which aims to provide up to $3bn in direct payments to companies that create and place in service renewable energy facilities.

The award is in recognition of the development and installation of one of Connecticut’s first rooftop tracking solar power systems, completed by OPEL Solar in March. The patent-pending Sequoia solar tracker system (inspired by the roots of the Sequoia Trees) is a non-penetrating roof design that allows simple installation and easy disassembly for necessary maintenance, says OPEL Solar. The installation generates 131kW of power, supplying up to 20% of the electricity needs of the Linden Elementary School in Plainville, CT. The firm was also awarded a grant by the Connecticut Clean Energy Fund (CCEF) for the installation.

“The direct payment by the US Treasury Department broadens OPEL Solar’s ability to fund new solar projects that will create new jobs and will make inroads for clean solar energy,” says OPEL Solar’s chief financial officer Mike McCoy.

See related items:

OPEL and BETASOL complete third 110kW phase of utility-grade HCPV solar farm

OPEL and BETASOL complete 2nd 110kW phase of 440kW Spanish HCPV solar farm

OPEL and BETASOL complete first 110kW phase of HCPV installation

Spain’s BETASOL gains funding for second, 2.375MW solar farm using OPEL’s HCPVs

Search: OPEL CPV GaAs

Visit: www.opelinc.com