OPEL International Inc. (TSX-V: OPL) (“OPEL” or “the Company”), a leading global supplier of high concentration photovoltaic (“HCPV”) solar panels and trackers, announced that its revenue outlook for the next 18 months is expected to be significantly higher. This expectation is based on certain reasonable assumptions including the status of projects in the pipeline as well as continued quoting and request for proposal activities with three significant solar project developers. “We currently foresee solar revenues possibly approaching $50M-$80M over the next 18 months as 30-100 Megawatts (“MW”) of solar energy projects are installed,” said Michael McCoy, Chief Financial Officer of OPEL. “OPEL is definitely at a turning point and should grow dramatically in the next 12 to 18 months.”
“We currently foresee solar revenues possibly approaching $50M-$80M over the next 18 months as 30-100 Megawatts (“MW”) of solar energy projects are installed,” said Michael McCoy, Chief Financial Officer of OPEL. “OPEL is definitely at a turning point and should grow dramatically in the next 12 to 18 months.”
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