Major Taiwan-based merchant solar cell producer Neo Solar Power (NSP) has reported a new peak in solar cell shipments for the year in September.
NSP noted that expected demand for solar cells in the fourth quarter will continue to increase due to increased demand in China as result of the recent hike in the government quota system for PV installations by a further 5.3GW to around 23.1GW.
The company reported September 2015 sales of NT$1,893 million (US$58.3 million), down 4.3% from the previous month, said to be due the sale of a PV power plant built and sold by its subsidiary, GES.
NSP also said that further PV power plants would add to sales in the fourth quarter.
The company does not provide solar cell shipment figures on a monthly basis.