Opel touts SUNRISE research project
2010-10-21 16:28 ET - News Release
Shares issued 83,888,001
OPL Close 2010-10-21 C$ 0.365
Mr. Leon Pierhal reports
OPEL SOLAR, INC., AND THE NATIONAL RESEARCH COUNCIL OF CANADA CELEBRATE THE UNVEILING AND TESTING OF THE SUNRISE SOLAR PROJECT INSTALLATION
Opel Solar Inc. and the National Research Council of Canada, has completed the unveiling and testing of the SUNRISE (Semiconductors Using Nanostructures for Record Increased in Solar cell Efficiency) research project installation at the Institute for Research in Construction's Flexhouse in Ottawa, Ont.
Financed by the Development Bank of Canada (BDC) and the National Sciences and Engineering Research Council of Canada (NSERC), the unveiling and testing of the SUNRISE project represent the culmination of three years of research into utilizing nanostructures to establish a higher level of energy efficiency and output from a concentrated photovoltaic installation. The SUNRISE project is a collaborative research project between Opel, the National Research Council of Canada, the University of Ottawa's Centre for Research and the University of Sherbrooke. The SUNRISE project was focused on developing new, ultra-high-efficient solar cells in combination with high efficiency OPEL Solar concentrator design. When paired with OPEL's state-of-the-art dual-axis tracker, the newly developed panels are very cost-effective and are expected to validate target efficiencies for both cells and the system.
"The company is very excited to see the culmination of three years of research and development by some of the best minds in solar technology with the unveiling of the SUNRISE project," stated Leon Pierhal, president and chief executive officer of OPEL. "This project represents another example of OPEL Solar's industry-leading solar technology development at work."
The SUNRISE project was unveiled and energized this afternoon, at a special ceremony hosted by Gary Goodyear, Minister of State (science and technology) and John McDougall, president of the National Research Council of Canada at the National Research Council of Canada Institute for Research facilities in Ottawa, Ont.
We seek Safe Harbor.
