Opel International has begun supplying high-concentration PV panels for a utility-grade, tracker-based solar power plant in Spain, as part of a deal with Betasol, a Spanish solar farm installer and seller. The first shipment of modules took place in December; the 440-KW project is scheduled for completion in the first quarter of 2009.
“This deployment of 440 kW of HCPV panels is one of the first significant installations in the HCPV marketplace and is an important milestone for Opel,” said Robert Pico, company CEO. “We are excited about our new and expanding relationship with our partner, Betasol, and look forward to reporting on our progress with this leading solar technology in the near future.”
“OPEL’s greatly improved panel efficiency allows attractive rates of returns on our Spanish solar projects,” stated Jesus Cabetas, Betasol’s managing director. “Opel is supplying this project with its original design Mk-I high concentration panels to be mounted on a tracker system. These panels are a highly cost-effective solution and complement the recently announced changes in Spain’s feed-in tariff structure. The deployment of Opel’s energy-efficient panels is expected to result in a favorable operating return for the project.”
“The Mk-I HCPV panel design uses cost-effective materials and concentrates light from the sun more than 500 times,” Pico added. “This product has conversion efficiency up to twice that of silicon solar panels and more than three times that of thin-film solar panels, making it an optimum
solution for solar-grid field installations.”
Opel said it will continue to work this year with additional Spanish partners on solar farm projects in other parts of the country.