The formation of the new solar division is in line with the company’s objectives in the field of alternative energy.

Todays Alternative Energy CEO and board member Albertus Hendrick van Laiden said that the company had been watching the developments of the solar industry very closely.

"The addition of our Solar division will help us move the company to the next level and allow us to keep pace with the world’s energy demand, added van Laiden.

"This is an exciting time in the energy industry and we plan to be riding this next Solar wave, striving to be an industry leader, as our commitment to our clients and investors has never been stronger."