OPEL Solar selected by Grape Solar as exclusive solar tracker supplier

  • Grape Solar
    Grape Solar's PV panels.

Financials

  • OPL
    CVE
    0.300
    +0.010 (3.45%)
    3:54PM EDT

OPEL Solar International was designated the exclusive worldwide supplier of solar trackers for Grape Solar. This marks OPEL’s first exclusive supply agreement with a PV panel manufacturer and supplier. Leon Pierhal, OPEL Solar’s CEO, indicated, "Grape has an impressive product line of high efficiency PV panels from both China and US manufacturing locations, with plans for additional expansion to Ontario, Canada. We expect that Grape's close alliances with leading solar integrators and engineering firms will greatly enhance OPEL's sales channels and, that Grape Solar will become a key supplier of PV panels to OPEL's tracker customers."

Grape's CEO, Ocean Yuan said, "Grape's focus is making photovoltaic power more affordable and accessible. The combination of OPEL single axis trackers with Grape's PV panels results in more than 24% additional energy production depending on the location. This increased energy production can be in excess of 44% when using OPEL's dual axis trackers. Grape will be marketing the OPEL trackers to our direct customers, which include approximately 5,000 independent installers in North America. The OPEL line of trackers is an outstanding match to our line of Grape Solar panels, including our 280W and 390W panels. We expect this to be an excellent alliance for both companies and for our customers."

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