Neo Solar Power to expand cell capacity to 1.2GW in 2011

December 8, 2010
Facebook
Twitter
LinkedIn
Reddit
Email

Having completed its planned cell manufacturing capacity expansion to 800MW, Neo Solar Power (NSP) expects capacity to be expanded to over 1.2GW in 2011. The capacity expansion is 200MW more than previously guided at the beginning of the year. Strong demand despite the capacity increase from 240MW in 2009 highlights the company’s confidence in the market growing next year.

NSP recently signed a 3-year, 31.25 million wafers supply contract with Korean firm Osung LST as well as a 7-year, 11,600 ton polysilicon supply contract with another Korean firm Hankook.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company also said that monthly revenue in November had reached approximately US$75.7 million (NT $2.28 Billion), the eight sequential month of record results. The revenue increase was 4.0% higher month-over-month and 98.7% year-over year. NSP reported net revenue for 11-months of 2010 as approximately US$590 million (NT$17.84 billion).

Read Next

Premium
October 24, 2025
Marcel Suri explores the datasets that will help improve the accuracy of PV output estimation and drive better performance.
October 24, 2025
US solar tracker manufacturer Nextracker and Saudi-based energy company Abunayyan Holding have formed a joint venture (JV) in Saudi Arabia.
October 24, 2025
The Saudi state-owned renewables developer Masdar has begun construction on a giant solar-plus-storage project in Abu Dhabi.
October 23, 2025
The average price of a solar PPA signed in Europe in Q3 2025 fell below €35/MWh, reaching €34.25/MWh, according to LevelTen Energy.
October 23, 2025
Infrastructure investment firm Nuveen Infrastructure has secured US$171 million in financing for a 137MW solar PV plant in South Korea.
October 23, 2025
US solar manufacturer T1 Energy sold approximately 725MW of solar modules in Q3 2025, as it continues to expand US manufacturing capabilities.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal