Lightsource will however not be the first British developer to enter the Indian market. British Solar Renewables has established offices in India and Pakistan, and Giles Frampton, business development director at British Solar Renewables, said Modi’s election had given developers and investors greater confidence in the country.
“Prime minister Modi’s visionary work on renewables as a state governor and now as PM is to be applauded. We are now able to export British goods and knowhow that have been developed in the turbulent UK market,” Frampton said, adding that it was a “great shame” the UK government had turned its back on solar given the “huge contribution” it could make to the country’s energy market.
Many other UK-based developers are strongly expected to diversify into new markets as the domestic market contracts owing to regulatory changes and investment uncertainty. Hive Energy has opened offices in Dubai and Turkey in recent weeks, while Lightsource has already outlinesolar system information in hindi
d a £500 million investment in the Irish market.
Major semiconductor equipment manufacturer Applied Materials is continuing to disengage from the solar equipment market after previously announcing its exit from Precissolar system information in hindi
ion Wafering Systems (PWS) wire saw business, headquartered in Switzerland and stop development on its ‘Solion’ ion implant product, based in the US.
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Applied Materials has a corporate plan to exit any business/technology sector that does not provide positive operating margins in 20% range. The company’s EES Division (Energy and Environmental Solutions), which had housed PWS but not its ion implant business has been loss making for several years due to long-term slump in capital expenditures in the solar industry, due to chronic overcapasolar system information in hindi
The EES division had reported volatile long-term single digit operating margins and includes non-solar web coating machines for the packaging industry and its screen printing operations under Baccini, the leading technology in the solar industry. solar system information in hindi
In Applied Materials fiscal fourth quarter financial report, EES has sales of US$46 million in the quarter, up from US$39 million in the previous quarter and a total revenuesolar system information in hindi
for fiscal 2015 of US$213 million, down from US$279 million in the previous year.
Operating margin was breakeven, compared to a negative operating margin of 133% in its fiscal third quarter, primarily due to impairment charges related to the closure of its PWS operations. Fiscal 2014, EES produced an operating margin of 5.3% and negative operating margin of 28.6% for fiscal 2015.
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