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Photovoltaic Cell Export Businesses in Belgium

Photovoltech is a solar cell manufacturer set up in December 2001 as a spin-off of IMEC, a world leading independent microelectronics research center with a proven reputation in photovoltaic research. The shareholders are Total (50%) and GDF SUEZ (through Electrabel (47, 5%) and Soltech (2, 5%)). The multicrystalline photovoltaic cells are produced using state-of-the-art technology developed by IMEC. Photovoltech reported revenue of almost 80 million Euros in 2009.