NSP sales rebound in September as production comes back on stream

October 11, 2016
Facebook
Twitter
LinkedIn
Reddit
Email
The company reported September, 2016 sales of NT$ 1,038 million (US$32.8 million), after sales collapsed 51.6% in August to US$20.05 million.

Taiwan-based merchant cell and module producer Neo Solar Power (NSP) reported a rebound of sorts in sales for September, 2016.

The company reported September, 2016 sales of NT$ 1,038 million (US$32.8 million), after sales collapsed 51.6% in August to US$20.05 million, due to a combination of reduced shipment volume as the company was in the middle of relocating solar cell and module production equipment to a new facility in Vietnam and weak demand.

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

NSP claimed that demand seemed to have bottomed in September, yet the company noted that it remained ‘cautious to future market outlook’.

As a result, NSP said it would continue to ‘control operating expenses and expedite the progress for COD & sale of solar system projects owned by NSP & GES in the second-half of this year.’

The company had previously said that some of its completed PV power plant projects were expected to be sold later in 2016. The sale of the plants would improve sales revenue and profit of NSP.

Read Next

October 22, 2025
US thin-film manufacturer First has revealed another transfer of its 45X manufacturing tax credits in a deal worth around US$750 million.
October 22, 2025
The Queensland government has launched the Social Licence in Renewable Energy Toolkit, providing local councils in Australia with resources to navigate renewable energy project engagement and community consultation processes.
October 21, 2025
Australia's solar-plus-storage sector gained momentum with 725MW of solar PV approvals advancing across New South Wales and Queensland.
October 21, 2025
Luminous Robotics has successfully completed its first international deployment of AI-powered solar installation robots at Engie’s 250MW Goorambat East Solar Farm in Victoria, Australia.
October 21, 2025
An independent panel has granted resource consents for the 179MW Glorit Solar Farm in Auckland, New Zealand.
October 20, 2025
Details of tariffs on US imports of polysilicon products may be announced as early as the end of this month, according to a note from investment bank Roth Capital.

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