Tenesol expands reach to Greece with new Marousi subsidiary

September 26, 2011
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Although the company has long held a presence in the country via its distribution network, Tenesol has decided to establish a subsidiary company in Marousi, central Greece. The company has appointed Manthos Kallios, formerly of PPC Renewables, as general manager of the subsidiary.

“The continued effect of the economic crisis means that Greece’s solar market will not reach its full potential this year,” commented Kallios. “That being said, we expect 150–200MW of new capacity will be installed. Tenesol’s entry into this dynamic market reflects our confidence in its potential and growing importance in the European PV market. Combined with our strong financial and industrial backing and over 27 years’ experience, Tenesol can offer its complete range of turnkey services to foster its continued development.”

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The turnkey systems provider is currently concerning itself a variety of development opportunities and is attempting to establish financial offerings for potential clients. Tenesol has an advanced production facility in Toulouse, France, from where the company will aim to address the growing demands of the Greek market.

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