OPEL Int'l and BETASOL Increase Solar Footprint with Second Utility Grade Solar Farm in Spain

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - April 21, 2009) - OPEL International Inc. (TSX VENTURE:OPL) ("OPEL"), a leading global developer and supplier of high concentration photovoltaic ("HCPV") and other solar products, including ground-based and rooftop tracker systems, today announced that BETASOL, its Spanish partner, has expanded its HCPV opportunity in Spain and has obtained a bank aval or guarantee of more than US $1,500,000 (1,187,500 EUR) for a new HCPV solar project. As a result, BETASOL has applied for permits to build a new utility grade solar farm. BETASOL's business is building utility grade solar farm installations for subsequent sale to investor groups.

The solar farm will provide a total of 2.375 megawatts (MW) of solar power to the region generated by solar high concentration photovoltaic panels on dual axis tracking systems.

"Once the permits are obtained for this deployment of 2.375 MW of HCPV generated solar power, this will bring meaningful advancement and institutionalization of HCPV installations into the region's solar marketplace and is another significant accomplishment for OPEL, internationally" said Robert Pico, CEO of OPEL International. "We are enthused that our relationship with BETASOL is expanding and that we are able to continue to report on our progress in Spain with this leading solar technology."

According to company officials, OPEL will supply the grid farm installation with its original design Mk-I high concentration photovoltaic panels mounted on dual axis trackers manufactured by OPEL.

"The Mk-I HCPV panel design is highly cost effective and concentrates light from the sun more than 500 times," Pico said. "This product has conversion efficiency up to twice that of silicon flat plate solar panels and more than three times that of thin film solar panels, making it the optimum solution for solar grid field installations," he said. "The use of OPEL's energy efficient panels together with Spain's feed-in tariff structure allows attractive rates of returns for solar projects."

"We at BETASOL are very pleased to expand our partnership with OPEL, one of the leading HCPV suppliers in the world," said Jesus Cabetas, Managing Director of BETASOL. "OPEL's outstanding panel efficiency allows for increased investor interest and attractive rates of returns on our Spanish solar projects."

OPEL previously announced the shipment of its Mk-I HCPV panels for the first BETASOL installation. Shipment began in December 2008, and is scheduled for completion in the second quarter of 2009.