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market. With China and Japan entering the Indian solar sector, with 200GW of solar power plant, the market in India is conceived as business-friendly. GSMC also stated that, they are in process of entering Indian market with special projects in areas of efficiency, solar cells and solar power plants. NEOSOLAR POWER CORPORATION Neo Solar Power Corporation, founded in December, 2005, is a leading solar cell manufacturer specialising in R&D and manufacturing of high-efficiency solar cells and modules. As a pioneer in combining semiconductor manufacturing discipline and seasoned solar technology development, NSP aims to keep leading the way in the transformation of PV energy into a competitive, pervasive and long-lasting energy source for mankind. While sitting on over 2.2GW of solar cell capacity, the majority of it is in Taiwan & China. They process 400MW of solar merger & 100MW of system integration with skill capacity of 2GW. Working towards global footprints, they have shipped around 7GW of solar cell. NSP also has projects in Japan & United Kingdom in progress. NSP believes that solar market will continue to grow due to several active factors. There will be a double digit growth in the revenue from solar market. The focus is on our competitive advantage in terms of continuous R&D in areas of technology and enhancement in skill set for the same. When ask about India as potential solar market, NSP states that, we have close ties with India in terms of solar cell manufacturing. The market in India is growing rapidly, as solar energy is important for India and its development. We have few projects in progress in India, with one in state of Gujarat in collaboration with local project developers. We are really excited and want to stay in touch regarding the Indian solar market. SYMENTEK AUTOMATION ASIA Symentek Automation Asia is a leading automation provider with offices throughout Greater China and the Asia Pacific region. One driver behind ASL’s growth is the commitment to provide one-stop information technology services, including applications and software development; consultancy; systems integration; maintenance support; help desk service; managed services; training; security assessment; and managed security services. ASL currently serves renowned companies in telecommunications, transportation, financial services, and many other areas, as well as small and medium enterprises (SMEs), public sector organizations and education. They produce IT machinery for solar industry, specialising in PV Module Complete Automation (loading & unloading of cells). Symentek’s Intra-Logistics System has been proved to essential and advantageous to the solar industry. 20% of the entire revenue of Symentek Automation Asia comes from solar sector. Symentek shifted its focus to solar sector in the year 2014. They assert that the willingness to invest in automation by the solar has amplified as compared to past few years. It is due to elevation in technology and to automate the process of loading and unloading solar cells to diminish human errors has led to a boom in the requirement of standard and highly-advanced automation. Though there is a sizeable investment in automation, but it does pays back with revenue turnover for the solar cell manufacturer. The solar cell automation leads to zero brokerage of solar cell, cutting down on human errors too, and saving time which in returns witnesses an increase in revenue for the solar cell producers. Automation is the key for solar cell. Symentek Automation Asia forecast total revenue of 500 million USD in 2015 from its automation segment for solar sector. When ask about the automation services for India Solar Market, they stated that, “India is a potential market for us. Due to availability of manpower in abundance and dilemma of whether to invest or not among the Indian solar cell manufacturers has held us back. Relaxation of financing, smooth inflow of capital and willingness to invest in automation by Indian solar cell manufacturers will definitely interest us to venture into India. GINTUNG ENERGY CORPORATION Gintung Energy Corporation, a solar cell and module manufacturer was established by group of like-minded individuals from different backgrounds. In 2005, Green Energy Technology made an investment in Gintech Solar Cell Manufacturer. Therefore, it is now known as Gintung Energy Technology. It commenced its production in 2006. Within two months of commencement, Gintung achieved a yield rate and an average conversion efficiency that were the highest in the industry. It became the world’s largest solar cell plant in one single building in 2009. Additional capacity of 300MW was added at another site at the end of 2011. Its total production comes to 320M, with annual revenue of 12 million USD. It is the 1st company to receive GUV Certificate in Taiwan. They have around 41 products, which are offered for the solar industry. Its products are distributed to customers in Germany, Spain, Italy, other European countries, USA, India, China, Japan, Korea and other Asian countries. SOLAR POWER 26 energetica INDIA · NOV | DEC15


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