Neo Solar Power

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Neo Solar Power Corporation
Public (TWSE: 3576)
IndustrySolar Photovoltaics,
Photovoltaics,
Optoelectronics
Founded2005
Headquarters,
Key people
Dr. Quincy Lin ( Honorary Chairman & CSO)
Dr. Sam Hong (Chairman & CEO)
Andy Shen (President)
ProductsSolar Cell & Module &Solar System
RevenueUS$ 420 million (2012)
Number of employees
~2,400 (2013)
Websitewww.nsp.com

Neo Solar Power Energy Corp. (traditional Chinese: 新日光能源), also known as NSP, is a Taiwan-based solar cell and module manufacturer. The company was ranked one of the global top ten solar cell manufacturers by capacity in 2013 and the largest solar cell producer by revenue in Taiwan.[1]

History and company developments[edit]

Founded in 2005, Neo Solar Power is a crystalline silicon solar cell manufacturer that is publicly listed on the Taiwan Stock Exchange.[2] The company was ranked No. 6 in the 2009 Deloitte Technology Fast 500 Asia Pacific Ranking and CEO Survey.[3] In August 2011, Dr. Sam Hong, CEO of Neo Solar Power Corp., has been elected the Chairman of the Taiwan Photovoltaic Industry Association (TPVIA).[4]

On May 31, 2013, Neo Solar Power merged Delsolar and has become the largest solar cell producer in Taiwan by capacity.

On October 17, 2017, it was reported that NSP signed a letter of intent to merge with solar cell producers Gintech Energy Corp (昱晶能源) and Solartech Energy Corp (昇陽光電) in order to imprive global competitiveness. The merger is to be executed via share swaps in the third quarter of 2018, creating a new company called United Renewable Energy Corporation (聯合再生能源股份有限公司).[5][6] The company would be the second-largest solar company in the world in terms of installed capacity.[5]

References[edit]

  1. ^ Chart "Taiwanese cell makers' annual sales" (January, 2012) Photon International ,P.78
  2. ^ Taiwan: Neo Solar Power
  3. ^ Tech Fast 500 Asia Pacific: Media Room
  4. ^ Board of Director and Controller, Taiwan Photovoltaic Industry Association
  5. ^ a b "Solar cell makers plan mega-merger - Taipei Times". www.taipeitimes.com. Retrieved 2017-10-17.
  6. ^ "率先合併!昱晶、昇陽、新日光合併成立聯合再生能源 - 財經 - 自由時報電子報". Retrieved 2017-10-17.