POET Technologies Inc (PTK)

[sevenOdouble]

Opel Technologies (TSXV:OPL)
Ranked 9th and is working hard on its future!
2010 Revenue: $1.65 million

The trajectory of Opel International’s (TSXV:OPL) story is not unfamiliar to investors in the space. The company, which was based in New Brunswick but recently moved its offices back to Ontario, went public on the TSXV in June 2007, raising $10.7 million in a reverse takeover. Shares of Opel soared on the promise of its innovation in high-concentration photovoltaic cells, an area in which the company has applied for more than forty patents and been granted twenty one. The company’s stock hit a high of $2.25 in November of that year. But when the recession hit, Opel was hit especially hard, falling to $.12 cents by Halloween 2008. Investors were no doubt taking as much stock of the company’s’ losses, which ended up at just under $6 million for fiscal 2007, as they were the company’s perceived leadership position. Since that time Opel has continued to unveil a string of prestigious grants, awards and pilot projects with institutions such as the National Research Council of Canada and US Department of Defence. Opel is still small, but is starting to generate revenue from projects such as the recently completed turnkey installation for solar power plant for Toray Plastics, will be generate 446-kilowatt the largest solar field in the state of Rhode Island.

http://www.cantechletter.com/2011/11/canadas-10-most-interesting-solar-stocks/