The Belgian subsidiary has been set up, says Tenesol, due to the regions increased interest in renewable energy. It will service the Benelux countries of Belgium, The Netherlands and Luxembourg.
Jan De Rybel, has been appointed the new general manager. He comments, "The Benelux market is full of opportunity. Module prices are falling and interest in the market continues to grow, even with reductions in the solar incentive scheme. Installers are very busy completing projects before the next deadline."
The subsidiarys first solar project has already been carried out, in Belgiums Wallonia. The 250 kilowatt peak turnkey photovoltaic system has been installed on a sunshade of Monnaie Bayss car park. It is comprised of 1,000 modules.
The 1,700 square meter installation is said to be one of the of its kind owned by a private company. It reportedly provides 50 percent of the companys annual electricity needs and generates revenue by feeding some of the generated electricity back into the local electricity grid.