Neo Solar Power - taiwanesischer Zellhersteller - 500 Beiträge pro Seite

[meinolf67]

Sorry an Motech, aber die sind die einzigen w:o bekannten...

für taiwanesische Verhältniss EXCELLENTE Infos auf der Webseite:


www.neosolarpower.com

Extrem Aggressiv, wie Gintech.

Man wird von dem Quartett noch hören: Motech, E-Ton, Gintech, NSP.

Da können sich die Deutschen Hersteller warm anziehen.

[meinolf67]

Neo Solar Power Press Release
April 7, 2008
Neo Solar Power (NSP) Announced Material Board Resolution
Resolved Participation of Poly-Silicon Investment

New Solar Power (NSP, 3576 TT) today announced material Board resolutions. The Board of Director
(BOD)

1. Approved the investment in the Poly-Silicon (Poly-Si) manufacturer, Universal Semiconductor
Corporation (USC), for the amount no greater than US$20 million. As the tight supply and rising
costs of Poly-Si continues hinder the demand growth of solar industry, NSP aims to secure stable
Poly-Si supply to meet robust production expansion and further capitalize synergies from vertical
integration. Led by USI Group(台聚), a prominent Taiwan petrochemical group, USC assembles
gifted talents from the globe with an average of 15-years of experiences. Phase 1 capacity
installation is targeted at 3,000 metric tons. Accommodating to scale advancement and new
capacity ramp-up, NSP has signed various mid-to-long term wafer procurement contracts and has
successfully secured wafer requirement for 2008 and 2009 production. While settling wafer supply,
NSP also strives to reach mid-to-long term sales contracts. Leveraging secured supply and sales
partnerships, NSP is expected to deliver sustainable profit growth. Through constant product
quality advancement and cost reduction, NSP is expected to achieve superior profit performance to
maximize shareholders’ value.

2. Resolved the appropriation of 2007 earnings. Net income for NSP in 2007 was NT$548 million
and earnings per share (EPS) was NT$5.98. In order to meet aggressive capacity expansion, the
BOD had agreed to retain partial earnings to fuel the growth. The BOD resolved a shareholders’
dividend for NT$2 per share, of which NT$1.8 per share is in stock (or 180 free shares for each
thousand shares held) and NT$0.2 per share is in cash for approval by the 2008 Annual General
Shareholders’ Meeting. In accordance to fundraising record day, common shares issued for current
capital call will be entitled to the dividend payout.

[meinolf67]

Canadian Solar Signs US$500 Million Supply Agreement with
Neo Solar Power

Hsinchu, Taiwan and Jiangsu, China, June 2, 2008 – Canadian Solar Inc. (CSI, Nasdaq: CSIQ), a global
solar module manufacturer, today announced that it signed a five-year supply contract with Neo Solar Power
(NSP, 3576 TT), a leading manufacturer of high quality solar cells. NSP has been a stable supplier to CSI since
March, 2007. Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of
solar cells through 2013. The total contract value exceeds US$500 million.

Dr. Quincy Lin, Chairman and CEO of NSP, said, “We are pleased to extend our existing cooperation by
entering into a long term partnership with CSI, an industry leading solar module maker, to support its rapid
business expansion in coming years. The confluence of NSP’s strength in cell quality and manufacturing
efficiency and CSI’s solid channel relations with solar system providers, will allow us to deliver an integrated
and effective solution in the photovoltaic value chain.”

Dr. Shawn Qu, Chairman and CEO of CSI, commented, “This agreement will help us ensure continued growth
over the next five years and is testament to our ability to establish and secure relationships with strategic
suppliers across the solar value chain. NSP has been an invaluable and high-performing supplier to CSI and will
be a key partner for us in the execution of our flexible vertical integration model and balanced supply strategy
in the future.”

[meinolf67]

120% auslastung???


Neo Solar Power Press Release
February 17, 2008

Neo Solar Power (NSP) Announced Financial Performance for 2007
Net Profit Totaled NT$548 Million with Earnings per Share (EPS) at NT$5.98

New Solar Power (NSP, 3576 TT) announced today financial performance for 2007. Revenues were
NT$3.662 billion, an 863% increase year on year. Net Profits for the year was NT$548 million, up
by 5,791% year on year. Earnings per share was NT$5.98. Above figures are prepared in accordance
with R.O.C. GAAP.

During January to November of 2007, NSP operated single production line which has demonstrated
outstanding revenue and profit performance. From September 2008, output for 1st line had been
successfully maintained at an average of 120% of designed capacity, which is expected to set a new
record for solar cell manufacturers for single line production. The 2nd line entered mass production in
December 2007 and began contribute to revenue growth. NSP is moving in the 3rd line and is
expected to launch mass production in March 2008. Upon 100% utilization of the 2nd line in the first
quarter and 3rd line in the second quarter, profit is expected to enter another round of growth. NSP’s
outstanding production efficiency in 2007 not only demonstrated our competitive advantages on
process control capability and production management but also contributed to profit performance.
Net profit in 2007 grew 5,791% year on year and Return on Equity was 34%, an exceptional
performance.

Benefit from strong industry demand, NSP has made an aggressive capacity expansion program to
meet customers’ growth prospects. FAB 2 is undergoing construction and the facility is expected to
be ready for equipment installation around mid-year. Phase 1 expansion will install 4 lines or
120MW capacity with staged production ramp up from August. In third quarter of 2008, total
installed capacity will reach 210MW per annum. Capital expenditures for the new facility and
equipments in 2008 are forecasted around NT$3.5-4.0 billion. Furthermore, NSP is expected to
launch Phase 2 expansion in 2009 to add 300MW and increase the installed capacity to 510MW,
matching the scale to leading international manufacturers.

In 2007, NSP strived to achieve cost efficiency and volume stability with limited term contract
supply. However, in 2008 as the percentage of wafer supplied by term contract increases, raw
material costs and availability shall be fully secured. NSP will continue leveraging core technology
and managerial advantages to create value for stakeholders and to maximize our shareholders’ value.

[meinolf67]

History of Company
With a vision of providing clean and renewable energy, Neo Solar Power (NSP) was founded in December 2005. Neo Solar Power specializes in research, development, and manufacturing of high efficiency solar cells. NSP is a member of PowerChip Group, Taiwan. Key investors include PowerChip Semiconductor Company (largest DRAM company in Taiwan with US$ 3B in revenue in 2006), leading venture capital firm, individual industry leaders, and the management team. NSP's management team consists of inter-disciplinary experts in semiconductors, electronic systems, silicon raw materials, solar cell processing, and solar energy system engineering.
Customer Services
Technology, Quality and Customer Services are the three core competences of NSP. NSP customer support offerings are designed to meet customer production goals and to improve their competitive position in a dynamic changing marketplace. Integrated with strong technical expertise, we have field expertise and unique technologies to deliver key value for customer business. With highly skilled and knowledgeable applied field engineering teams, NSP provides technical supports in the full range of process optimization to match customer product characteristics. We apply technological advances at field to reduce module power lose and improve production yield. In addition, NSP's experienced engineering team is available to work with customer design and engineering teams to develop innovative solutions to meet demands in the dynamic market. This ensures that the best materials and processes are used in the development of customer's products. At the heart of everything we do is the knowledge that service is vital to our customers and continuous improvement is an expected norm. Backed by the advanced technology that we have cultivated, we will endeavor to contribute to the advancement of solar industry in the 21st century.
Company Vision and Culture
NSP has a passion for advancing photovoltaic technology such that photovoltaic solar energy will become a competitive energy source for mankind. NSP will contribute its technical expertise to make this passion a reality. Being an active member of the global solar energy industry, NSP has been working with world photovoltaic solar energy leaders in technology collaboration and supply chain management. With current intensive industry-wide efforts, we believe photovoltaic solar energy will become a competitive energy source by 2020. NSP wishes to be a key contributor in the process.
NSP's corporate vision is to become the most efficient provider of photovoltaic solar energy to the world by delivering the highest efficiency cells at the most effective cost. This vision calls for technology and manufacturing excellence, and impeccable supply chain management.
NSP's corporate culture fortifies the spirits of integrity, innovation, and creating value for customers. Being a lasting business concern, we believe that integrity, innovation and creating value for customers are essential for the long-term success of the company. These cultural elements serve as key employee and recruiting guidelines. .

[invest2002]

[Boersenkrieger]

Antwort auf Beitrag Nr.: 34.246.988 von meinolf67 am 05.06.08 17:12:05

wird die nur in thailand gehandelt ?
interessanter wert

[meinolf67]

Antwort auf Beitrag Nr.: 34.250.602 von Boersenkrieger am 06.06.08 01:35:20

Taiwan

[Boersenkrieger]

Antwort auf Beitrag Nr.: 34.251.262 von meinolf67 am 06.06.08 09:00:57

achja....
wo kann man eigentlich direkt in taiwan ordern ? (broker)

[meinolf67]

Antwort auf Beitrag Nr.: 34.258.390 von Boersenkrieger am 06.06.08 21:52:19

vielleicht, wenn Du chinesisch kannst...

ich weiß nicht, wie und warte deshalb auf GDR's wie bei Motech...

[meinolf67]

Neo Solar Power to add fourth solar cell production line


Latest news
Nuying Huang, Taipei; Esther Lam, DIGITIMES [Tuesday 17 June 2008]

By adding a fourth production line, Neo Solar Power is expected to see its overall solar cell production capacity to more than double during year-end 2008.

Neo Solar plans to move in equipment at its fourth production line in late June, with production to follow in the late third quarter. By adding the fresh capacity, Neo Solar will see its capacity increase from 90 peak megawatt (MWp) to 210MWp. The company expects all of its four production lines to enter full production in the fourth quarter of 2008.

Amid the new capacity, Neo Solar said it has also secured new orders with customers. It will partner with China-based solar module makers to ship products to Canadian Solar in an attempt to extend its presence to China-based solar system makers.

[meinolf67]

Neo Solar Power sales soar in 1H08; capacity trails behind demand


Latest news
Nuying Huang, Taipei; Esther Lam, DIGITIMES [Monday 7 July 2008]

Having already seen sales soar by over 200% on year in the first half of 2008, Neo Solar Power indicated that its capacity is trailing behind demand while utilization rate remains at high levels.

Neo Solar Power recorded June sales up 23.7% on month and 267.6% on year at NT$963 million (US$31.7 million). Accumulated sales through June grew by 256.8% on year at NT$4.43 billion.

Capacity of the three production lines at its Hsinchu, Taiwan site has reached 120%. In light of strong demand, Neo Solar Power recently started installing the first batch of equipment for four new lines which are planned. The company expects an additional 120MWp of capacity to be available in August to expand annual capacity to 210MWp accordingly.

[meinolf67]

Neo Solar Power Corp. to Issue Overseas Convertible Corporate Bonds
Reuters Key Development - Jul 8, 2008

[meinolf67]

Neo Solar Power updates solar cell and thin film production plans
05 August 2008 | Fab and Facilities: News


Neo Solar Power (NSP) has said that it is thin-film task force is led by Dr. Sam Hong, President of NSP, expects to commence production of its first thin film production line in the second-half of 2009. The company is targeting between 30 and 60MW initial capacity.


NSP’s new silicon solar cell facility, ‘FAB 2,’ located in HsinChu Science Park, is scheduled to complete 4 additional production lines in mid-August, 2008, adding 120MW. Total capacity will now be 210MW, a 133 percent increase over its previous production capacity levels.

The company plans to add an additional 300MW of capacity in 2009 with a total capacity of 510MW, which is inline with earlier projections made by the company. To meet capacity ramp goals, NSP has secured a further supply of polysilicon from an unnamed ‘top 3’ European supplier. The seven year deal is worth approximately $43 million with deliveries starting in 2009.

NSP did not guide capacity ramp figures for 2010, but had previously stated that its goal was to reach capacity of 660MW in that year.

[meinolf67]

könnten RE, PVC oder Solarworld sein...:

Neo Solar Power Press Release
August 4, 2008

Neo Solar Power (NSP) Announced Further Advancement on Wafer Sourcing
Board Approved to Enter a 7-yr Procurement Contract with Leading European Wafer Supplier
Thin-Film Task Force Kick-off with Planned 30-60MW Capacity
for a Total Capital Investment Over Couple Billions

Neo Solar Power (NSP, 3576 TT), a leading manufacturer of high quality solar cells, announced today
its Board has approved of entering a 7-yr procurement contract with one of the top three European
wafer supplier (the Supplier). The Supplier will provide solar wafer worth more than NT$13 billion,
signifying further advancement of wafer security.

The Supplier, most solar cell companies’ top choice of wafer sourcing, not only plays a leading role in
solar wafer production but also is one of the top three poly-silicon manufacturer in the world. Since
inception, NSP has secured close relationships with global leading solar manufacturers. Through prior
cooperation, NSP’s management team had specially established profound bond with the Supplier.
Upon seal of this contract, NSP will achieve another milestone on concluding wafer procurement
negotiation and further improve wafer availability confidence.

In addition to securing wafer, NSP also focuses on forming long term cooperation with customers to
improve order transparency. NSP is the first Taiwan solar cell maker to reach 5-yr sales contract with
global leading module customers. In accordance with order growth, NSP’s new FAB 2 is scheduled to
complete 4 additional production lines around mid-August, adding 120MW, or a 133% increase from
current capacity, to bring the total capacity to 210MW. Also, NSP will continue to boost production
capacity and install additional 300MW to bring total capacity to 510MW in 2009, representing another
143% increase from 2008 year-end capacity. Benefitted from the long term contract terms, where
volume increases quarter by quarter while price decreases quarter by quarter, NSP expects a multiple
growth on financial performance in 2H08 compared to that in 1H08.

The management team also updates thin-film project development to the board. The thin-film task
force is led by Dr. Sam Hong, President of NSP, assembling professionals specializing in device
physics, process engineering, sales and marketing. Cooperating with external consultants, the task
force will tailor made a detailed business plan to enter the thin-film market. NSP expects the earliest
timing to commence thin-film production in 2H09. Initial production scale is targeted around
30-60MW with a total capital investment over a couple billions of New Taiwan Dollars.

The thin-film task force is composed of talents from the semiconductor and solar industries with
average experiences over 15 years. President Hong is the project leader, who had been Vice President
of the first amorphous silicon company in Taiwan. He had led the first amorphous silicon facility set
up in Taiwan and is the pioneer with hands on experiences of thin-film production. The team includes

several device physics professionals (such as Dr. Chen, Yang-Fang, professor of National Taiwan
University), seasoned Japanese solar expert, thin-film solar module and process engineers. Leveraging
current crystalline based solar cell technology and stringent semiconductor discipline process
management, NSP expects to enhance production efficiency through internal developed device and
process improvement

Board of NSP also approves semi-annual result of NSP. Revenues for 1H08 was NT$4.43 billion, or a
257% increase year on year, registering record high of the 7th consecutive quarter. Benefitted from
capacity and utilization upturn, gross income was NT$583 million, surpassing yearly net income for
2007. Operating income was NT$454 million, or a 122% growth year on year. Net income was
NT$334 million, representing a 75% increase year on year. Earnings per share was NT$3.17.

NSP announced ex-dividend day on August 20, 2008. Dividends were composed of a cash dividend of
NT$0.2 per share and a stock dividends of 180 free shares for each 1000 shares held. NSP passed
listing review organized by the TSE and shall be able to schedule for listing on TSE main board as
early as the end of September 2008.

[meinolf67]

August 6, 2008

Neo Solar Power (NSP) Announced Monthly Revenues of NT$994 million for July 2008
Accumulated Revenues Totaled NT$5.43 billion, up 233.0% y-o-y

Neo Solar Power (NSP, 3576 TT), a leading manufacturer of high quality solar cells, announced today
its revenues on management account for July 2008. Monthly revenues totaled NT$994 million, a 3.2%
up from previous month and a 156.5% increase from July 2007. Supported by enduring high
equipment utilization, revenues continuously broke historical records. Accumulated revenues for
January to July 2008 were NT$5.43 billion, representing a 233.0% growth year on year. Responding to
strong demand from long term contract customers, 3 production lines in FAB 1 are overloaded.
Additional capacity of 120MW will commence production soon in mid-August and push total capacity
to 210MW from 90MW, representing a 133% capacity increase at once. As long term wafer contract
prices are scheduled to decrease quarter by quarter while supply volume will increase quarter by
quarter, NSP expects continuous improvement on gross margin. Gross margin in 1Q08 is 10.2% while
that had advanced to 15.5% in 2Q08. As the production scale continues expand, NSP expects to
benefit from scale of economy and further expand margin performance.

[meinolf67]

Neo Solar Power eyes 20% solar cell conversion rate with Centrotherm partnership


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Latest news
Nuying Huang, Taipei; Esther Lam, DIGITIMES [Wednesday 20 August 2008]

Neo Solar Power signed a memorandum of understanding (MOU) with equipment vendor Centrotherm Photovoltaics on August 19, aiming to form a partnership that will boost the power conversion efficiency of its solar cell by one percentage point per year over the next three years.

For the partnership, Neo Solar Power will invest an approximate NT$100 million on development over the coming three years. It aims to grow its solar cell power conversion rate by one percentage point annually in this period.

Currently Neo Solar Power records a power conversion rate for its mono-crystalline solar cells at 17% and multi-crystalline at 15.8%, company executives detailed. Once the rate hits 20%, production cost will be shrink by 20%, company CEO Quincy Lin highlighted. When production costs shrink, grid parity is thus more achievable.

[meinolf67]

Antwort auf Beitrag Nr.: 34.775.264 von meinolf67 am 20.08.08 12:21:31

Neo Solar Power inks five-year deal to supply solar cells to PV module maker Solarday

08 October 2008 | PV Modules: News
Taiwanese solar cell manufacturer Neo Solar Power and Italian photovoltaic module producer Solarday have entered into a five-year sales contract worth $210 million. The new deal adds to an existing three-year agreement, bringing the total contracted amount between the two companies to $320 million.

"NSP continues to expand in geographic coverage and further increase market share in the European markets," said Quincy Lin, chairman of NSP. "Italy is expected to become the next focal point of the solar industry, indicating a market size equivalent to the Spain market in 2009. Ranked among top three solar module manufacturers in Italy, Solarday has been a strong partner for NSP. We are very pleased to further extend and broaden our partnership with Solarday.

"NSP has built a solid customer base consists of major module manufacturers in their respective geographic region. Following recent successful conclusion of wafer procurement contracts, NSP is well positioned to meet the robust demand of its customers and is expected to outpace the growth of the solar market."

In recent months, the solar-cell manufacturer has signed long-term wafer supply agreements with WaferWorks and REC worth a combined $976 million.

"Solarday further secures an additional long-term supply of solar cells, ensuring stability to its growth strategy," added company chairman, Carmelito Denaro. "With constantly increasing requests for modules supply in Italy and throughout Europe, Solarday has succeeded to meet demanding expectations of its clients for high-quality solar modules. NSP has been an important supplier in the achievements of Solarday and this agreement further onsolidates the partnership with NSP as a leading cells manufacturer."

Solarday's multicrystalline silicon-based module factory is located in the Milan region of Italy and has a current production capacity of 60 MW, with plans for expanding to 100 MW in 2009.

Based in Hsinchu, NSP has one solar-cell fab running at full 90-MW capacity and a second fab, with four lines starting production in August, ramping toward a projected 600-MW capacity.

[meinolf67]

Neo Solar secures 8-year solar wafer supply from Wafer Works



Latest news
Nuying Huang, Taipei; Rodney Chan, DIGITIMES [Wednesday 1 October 2008]

Solar cell maker Neo Solar Power has agreed an eight-year contract with Wafer Works to supply solar wafers worth US$534 million for the period from January 1, 2009 to December 31, 2016.

With tight solar wafer supply expected to persist in 2009, Neo Solar plans to secure over 70% of the wafers it needs from long-term contracts. Supported by the successful conclusion of recent wafer contract negotiations, Neo Solar said it is about to reach the target for its planned output in 2009.

Neo Solar's Fab 1 in Hukuo, northern Taiwan, is currently in full production with a capacity of 90MWp. Fab 2 at the Hsinchu Science Park also began production in August 2008 with a planned capacity of 600MWp.

Wafer Works, which is a shareholder of Neo Solar, began supplying solar grade wafers in 2006. It plans to increase solar wafer capacity to 200MWp in 2008, from 100MWp, and to double its capacity to 400MWp in 2009.

[meinolf67]

October 13, 2008

NSP Announced Financial Results on Management Accounts for 3Q2008
234% Increase on Accumulated Revenues, Best Among Peers
Pre-tax Profits for 3Q2008 were NT$470 Million, 161% Up YoY
Accumulated Pre-tax Profits were NT$870 Million


Hsinchu, Taiwan October 13, 2008 – Neo Solar Power (NSP, 3576 TT), a leading manufacturer of
high quality solar cells, today announced financial results on management accounts for the third
quarter of 2008. Revenues for third quarter 2008 was NT$3.27 billion, a 31% up quarter on quarter or
a 207% increase year on year. Accumulated revenues was NT$7.71 billion, representing 234%
increase from previous year, the best growth among Taiwan solar peers. Pre-tax profits on
management account for third quarter 2008 was NT$470 million, a 55% up quarter on quarter or a
161% increase year on year. Accumulated pre-tax profits was NT$874 million, representing a 124%
increase year on year. Earnings per share calculated by weighted average shares outstanding was
NT$6.6, a 51% increase year on year. Net value per share at the end of third quarter 2008 was
NT$38.0 per share.

In third quarter of 2008, NSP entered two wafer procurement deals, totaling US$976 million. Upon
conclusion of these two contracts, NSP successfully balanced out the wafer supply concentration risk
and further achieve improved sourcing mix. Whiling improving wafer security, NSP also demonstrated
strong sales performance. As the solar manufacturer in Taiwan awarded by 5-year sales contract, NSP
continues wining long term orders from customers. In order to expand customer coverage and
strengthen existing customer relations, NSP expects to further conclude several long term sales
contracts. With expected strong solar industry growth well over 30% in 2009, NSP remains optimistic
on its operating performance well into coming years through back to back orders.

NSP stands on solid financial condition and is well funded to finance capital expenditures for
operation expansion in 2009. In order to meet strong order growth, NSP plans to increase installed
capacity to 510MW. The new capacity is staged in a two-phase expansion with targeted production
commencing in third and fourth quarter of 2009, respectively. Including the new capacity, the
estimated available capacity was about 300MW, a 130% increase year on year. Based on estimated
available capacity, about 60% are booked for long term contract sales. NSP is confident to outpace the
solar market growth and further increase market share.

[meinolf67]

NSP Signs Supply Contract With Scheuten
in News Departments > Projects & Contracts
by SI Staff on Thursday 16 October 2008
email the content item print the content item

Neo Solar Power (NSP), a manufacturer of solar cells, and Scheuten Solar Technology GmbH, a vertically integrated solar energy provider with global presence, have signed a five-year solar cell supply contract.

This new contract, which covers the period from 2009 to 2013, represents continuing business in addition to existing two sales contracts, NSP notes. The total outstanding contract value awarded to NSP from Scheuten is $460 million.

Source: Neo Solar Power

[meinolf67]

October 15, 2008

NSP and Scheuten Extended Long Term Partnership
By Signing a 5-Year Solar Cell Supply Contract


Hsinchu, Taiwan and [Gelsenkirchen, Germany] October 15, 2008 – Neo Solar Power (NSP, 3576
TT), a leading manufacturer of high quality solar cells, and Scheuten Solar Technology GmbH
(Scheuten), a prominent vertical integrated solar energy provider with global presence, today
announced signing of a 5-year solar cell supply contract. This new contract, from 2009 to 2013, is a
continuing business in addition to the existing two sales contracts. Combining these three contracts,
outstanding contract value awarded to NSP from Scheuten is US$460 million (NT$14.7 billion).

[Founded in 1950, the Netherlands-based Scheuten is one of the oldest glass and solar-energy
companies in Europe. Riding the solar market upsurge around the world, Scheuten now has presence
in all major solar markets including Netherlands, Belgium, Germany, Spain, France, Greece, Italy,
South Korea, UAE and U.S.A.]

NSP, a rising solar cell company continuously wining long term orders from global module customers,
has set out an explicit capacity expansion plan that optimizes equipment utilization and minimizes
operating risks. Supported by long term orders on hand, NSP plans to add 300MW capacity in 2009
and aims to reach 1GW scale by 2012. Upon recent conclusion of long term sales and wafer supply
contracts, NSP further improves outputs and gross profit visibility.

“We are pleased to further extend business with Scheuten, as a long term partner of NSP. The
confluence of NSP’s strengths of first-tier cell quality and best-in-class operating efficiency along with
Scheuten’s global presence in the fast growing solar markets will deliver a competitive solution in the
photovoltaic value chain,” commented Quincy Lin, Chairman of NSP.

Bart Kempen, COO Scheuten Solar: “For the future growth of Scheuten the certainty of a supply chain
for high quality solar cells is of great importance. Therefore, we are pleased with this long-term
cooperation with NSP. The production quality and capacity of NSP fits in seamlessly with our growth
objectives.”

[meinolf67]

Habe mal angefangen, diese Meldungen in eine Schätzgröße für MW umzurechnen:


Bei 1,17 Mrd. TWD, Wechselkurs von 42 und einem Zellpreis von EUR 2,10 lande ich bei 13MW.

Im Monat!

November 10, 2008

Neo Solar Power (NSP) Announced Monthly Revenues of NT$1.17 billion for October 2008
Accumulated Revenues Totaled NT$8.88 billion, up 223.1% y-o-y

Neo Solar Power (NSP, 3576 TT) announced today revenues on management account for October
2008. Monthly revenues totaled NT$1.17 billion, leveled from previous month and a 167.1% increase
from October 2007. Accumulated revenues for January to October 2008 were NT$8.88 billion,
representing a 223.1% growth year on year. Netting off other revenues, accumulated revenues from
solar cells for January to October 2008 were NT$7.11 billion, ranking top three solar cell makers in
Taiwan supporting its solid growth strategy to meet customer demand.

[meinolf67]

Taiwan-based solar cell maker Neo Solar Power lists on TSE PDF Print E-mail


Posted by Debasish Choudhury on 12 January 2009 at 05:19

Views: 4

Recommended by: None

Published in: News, News

Taiwan-based crystalline silicon solar cell maker Neo Solar Power (NSP), on January 12 shifted its listing from the emerging stock market to the main board of the Taiwan Stock Exchange (TSE), reported Digitimes.

In line with the TSE listing, NSP in late December 2008 raised additional paid-in capital through issuing 15.5 million new shares of which 13.95 million shares were available for open sale at NT$20 (US$0.60) per share, also the opening price on TSE on January 12, the company indicated.

The sales price is significantly attractive as it is much lower than the company's closing price of NT$34.93 per share on the emerging stock board on January 10 and the net asset value per share of NT$38 as calculated at the end of the third quarter of 2008, according to industry sources.

NSP keeps upgrading its manufacturing processes, with the average energy conversion rate for its polycrystalline silicon solar cells rising from 15.3% when volume production began in the fourth quarter of 2005 to 15.9% at the end of 2008 and is expected to rise further to 16.4%, NSP pointed out.

For further details about Neo Solar Power, please visit: www.neosolarpower.com.

Last update: 12 January 2009 at 05:19

[meinolf67]

Press Release
January 09, 2009

Neo Solar Power (NSP) Announced Monthly Revenues of NT$680 million for December 2008, 9.5% m-o-m
Accumulated Revenues Topped NT$10 billion to NT$10.18 billion, up 177.9% y-o-y, Best Among Peers
Monthly Revenues Ranked Top 3 in Taiwan Solar Cell Companies

Neo Solar Power (NSP, 3576 TT) announced today revenues on management account for December 2008.
Monthly revenues totaled NT$680 million, a 9.5% up from the previous month and a 46.6% increase from
December 2007. While installed annual capacity of NSP is 210MW, monthly revenues ranked top 3 in
Taiwan. Annual revenues for 2008 were NT$10.18 billion, surpassing NT$10 billion for the first time,
representing a 177.9% growth year on year, highest growth among Taiwan peers.

In 4th quarter of 2008, financial tsunami whirled and resulted in overall supply chain adjustment for solar
industry. Selling price eroded and industry players experienced revenue decline month over month. NSP
quickly adjusted its selling strategy and identify sustainable sales channels and substantially boosted
monthly sales volume that restored an approximately 10% m-o-m in December.

In addition, NSP has structured a well diversified wafer supply base that minimizes supply concentration
risk. During the financial tsunami that incurred an overall solar industry chain adjustment, NSP is able to
quickly react and re-negotiate with upstream wafer suppliers. As a result of the amended procurement
strategy, NSP has successfully enhanced its cost competitiveness and reduced wafer costs. Furthermore,
NSP has reached an important breakthrough on process development. A new process has begun pilot
production and is expected to differentiate NSP’s leadership in quality and cost in the coming year.

[meinolf67]

January 10, 2009

Neo Solar Power (NSP), a High Quality Solar Cell Manufacturer,
First Taiwan Stock Exchange Main Board Listing in 2009
Aiming Become a Major Contributor to Promote Solar Energy a Competitive Energy Source

Neo Solar Power (NSP, 3576 TT), received listing approval by the Board of Taiwan Stock Exchange
(TSE) and the regulatory authorities on September 16, 2008, announced its IPO on TSE main board on
January 12, 2009. NSP is the first listing company on TSE main board in 2009. The company was
founded in late 2005 and upon its IPO, total share capital is NT$1.595 billion. NSP dedicates at high
quality solar cell production. Within its short three years of history, NSP demonstrated outstanding
profitability. For the period ended September 30, 2008, net income of NSP was NT$811 million with an
EPS of NT$6.10. Annual revenues on the management account for 2008 was NT$10.18 billion,
representing a 177.9% growth year on year, highest growth among Taiwan peers.

Limited global reserve on traditional energy sources, environmental protection and execution of Kyoto
Protocol by major economies to reduce greenhouse gases, all boost the demand of renewable energies.
Supported by its over 20-years duration and no disposal or noise pollution issues, solar energy is highly
favored by major economic bodies, such as U.S. Germany, Japan, etc. and has entered high growth cycle.
Assembling experts from leading semiconductor companies, such as TSMC and UMC, major research
institutions and renowned managerial talents of leading international solar companies, NSP develops
in-house process control and has pursued the most pending patents among Taiwan peers. Stemmed by its
precise and stringent management culture, NSP excels on high quality solar cells. Upon mass production
in October 2006, NSP’s revenues went up with a leap. Annual revenues for 2006 was NT$380 million
but for 2007, revenues jumped to NT$3.66 billion. By 2008, annual revenues on management account
was NT$10.18 billion, representing a 177.9% growth year over year. Benefitted by internal process
control improvement, NSP has increase average conversion efficiency for multi-crystalline solar cells
to15.9% from 15.3% and it is planning to launch a new process, which is expected to increase
conversion efficiency to 16.4%, an evident efficiency advancement outpacing its peers.

Several developed countries, such as Germany, Japan, south Europe and the U.S., enact various
subsidies, including financial aids, favorable tax refund, feed-in tariff, or low-rate loans to boost demand
for solar industry. While financial tsunami has incurred solar supply chain adjustment, long term trend
remains positive at a climbing cycle. Due to ample supply of polysilicon releasing production bottleneck
in solar industry, grid parity is expect to come sooner, incurring another demand burst in solar industry.

[meinolf67]

February 09, 2009

Neo Solar Power (NSP) Announced Monthly Revenues of NT$566 million for January 2009
1.0% Increase y-o-y

Neo Solar Power (NSP, 3576 TT) announced today revenues on management account for January 2009.
Monthly revenues totaled NT$566 million, a 16.8% contraction from the previous month and a 1.0%
increase from January 2008. Impacted by financial tsunami and winter seasonal effect, solar industry
experienced an overall selling price adjustment along the supply chain. NSP continues solidify customer
base with focus on high quality solar cells to shun away from pure price competition. In addition, NSP
maintains its stringent credit policy to reduce risk of accounts receivables and observe cash flow
management. Revenues contraction was mainly a reflection of fewer working days due to the Chinese
New Year holiday in January. Compared to the same period last year, revenues experienced a minor
increase. Recent releases on better than expected subsidy and grants by many Governments around the
globe continue demonstrate strong support for the development of renewable energy. Upon elapse of
winter season and resume of credit availability, long term growth remains positive.

[R-BgO]

Neo Solar to be added to Russell Global Index

Posted by Debasish Choudhury on 18 March 2009 at 10:21


Russell Investments has selected Taiwan-based crystalline silicon solar cell maker Neo Solar Power as one of seven IPO companies to be added to the base of its Russell Global Index beginning April 2009 due to Neo Solar's business potential, according to a Russell Investments news release.

For further details about Neo Solar Power, please visit: www.neosolarpower.com

[R-BgO]

March 09, 2009

Neo Solar Power (NSP) Announced Monthly Revenues of NT$596 million for February 2009
5.5% Increase m-o-m

Neo Solar Power (NSP, 3576 TT) announced today revenues on management account for February 2009.
Monthly revenues totaled NT$596 million, a 5.5% up from the previous month and a 10.0% contraction
from February 2008. Accumulated revenues for January to February 2009 were NT$1.162 billion,
representing a 5.0% contraction year on year. Solar installation is expected to gradually recover
momentum as the weather becomes warmer. Since October 2008, solar industry experienced supply
chain adjustment. Successful production ramp up by global leading poly-silicon suppliers released
material shortages. Poly-silicon originally for the semiconductor industry usage also is discharged into
the solar industry and the material costs are substantially reduced. Furthermore, technology development
also improves the conversion efficiency and reduces costs for solar energy. The solar chain correction
shall expedite the reach of grid parity and demand is expected to further grow without governments’
subsidy.

[R-BgO]

Press Release
April 28, 2009

Neo Solar Power (NSP) Announced Board of Director Resolved NT$2.2 Dividends
For 2008 Earnings Appropriation and Announced 1Q09 Financial Result Summary

Neo Solar Power (NSP, 3576 TT) announced today its Board of Directors resolved 2008 earnings
appropriation and announced financial result summary for the first quarter of 2009.

Net profit for NSP in 2008 totaled NT$831 million with earnings per share (EPS) at NT$6.12. The
Board of Directors resolved a total dividends of NT$2.2 per share, of which NT$1.1 will be made in
cash and NT$1.1 will be made in stock. The proposal will be proposed for shareholders’
acknowledgment in Annual General Shareholders’ Meeting to be convened in June 19, 2009.

NSP also announced financial result summary for the first quarter of 2009. Benefitted by effective cash
flow management, NSP had generated positive cash flow from operating activities, investing activities
and financing activities. Stemmed from conservative and solid management strategy, NSP aims to
maintain long term sustainability focusing on cash flow generation. Revenues for the first quarter of
2009 totaled NT$1,732 million. Affected by the financial tsunami, solar industry experienced sharp price
downward adjustment. While shipment in first quarter of 2009 increased by 23.1% year-on-year,
revenues were still down by 10.9%. Upon non-cash provision of loss on inventories as a result of
adoption of the newly amended Statements of Financial Accounting Standards (SFAS) No. 10
(Inventories) and a non-cash loss on valuation of financial liabilities as a result of ECB issuance, net loss
for NSP in first quarter of 2009 was NT$425 million. EPS was a loss of NT$2.67 per share.

As the weather become warmer, installation in major European markets also resumed. Shipment is
expected to increase quarter by quarter. In order to outpace the sever competition of the solar industry,
NSP will continue invest in research and development to advance process technology and conversion
efficiency, which shall allow NSP to further differentiate itself through technology leadership and also
solidify long term competitiveness.

[R-BgO]

http://www.digitimes.com/news/a20090610PD202.html

[R-BgO]

Motech to ship more efficient solar cells
By Lisa Wang
STAFF REPORTER
Saturday, Jun 27, 2009, Page 12

The nation’s biggest solar cell maker, Motech Industries Inc (茂迪), yesterday said it planned to ship new higher conversion efficiency products next quarter, which the company said would help it cement its market position.

Motech, based in Tainan, said the new technology, dubbed X-Cell, will help boost the conversion efficiency rate to more than 17.5 percent, allowing the company to generate more electricity on the same sized mono-crystalline silicone solar cells, a filing to the Taiwan Stock Exchange said yesterday.

The company also said it did not have to invest extra capital on purchasing new equipment for using the latest technology.

Last month, Motech chairman Simon Tsuo (左元淮) forecast that shipments would grow next quarter from the second quarter as demand rebounds.

Tsuo also said the company would keep unchanged its goal of increasing output by 44 percent to 400 megawatts this year compared with last year.

Meanwhile, solar cell maker Neo Solar Power Corp (新日光), said on Thursday that its board had approved a plan to issue another 30 million common shares to finance equipment purchases.

Neo Solar plans to more than double its capacity to 510 megawatts this year, from 210 megawatts last year. It also plans to boost its conversion efficiency rate to at least 16.8 percent this year, from last year’s 16.3 percent.

[R-BgO]

Neo Solar Power to raise more capital for capacity expansion

Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Friday 26 June 2009]

Neo Solar Power, a Taiwan-based maker of crystalline silicon solar cells, will issue 30 million new shares to raise around NT$800 million (US$24.6 million) specifically for expanding its annual production capacity by 150MWp to 360MWp in the second half of 2009, according to the company.

Neo Solar's board of directors approved the fund-raising plan at a meeting on June 25, the company indicated.

According to industry sources, Neo Solar has been talking with potential clients in Japan via Daiwa Securities, its main shareholder. Neo Solar said it could not deny the reports.

[R-BgO]

Neo Solar Power (NSP) Announced Monthly Revenues of NT$894 million for June 2009
A 51.8% Month-over-Month Growth, Best among Peers

Neo Solar Power (NSP, 3576 TT) announced today revenues on management account for June 2009.
Monthly revenues totaled NT$894 million, a 51.8% increase from the previous month, best among peers,
and a 7.2% contraction from June 2008. Accumulated revenues for January to June 2009 were NT$3.818
billion, representing a 13.9% contraction year on year.

Solar demand warmed up in June, contributed by stable poly-silicon prices, which bring pricing strength
throughout the value chain. Order flows show positive momentum. NSP’s new SUPERCELL, a high
power cell with an average conversion efficiency reaching 16.8%, is highly appreciated by customers
and is expected to become the new revenue growth driver. Benefit by strong shipment growth, NSP
showed solid revenue performance and looks forward to return to peak performance that in last year.

Current capacity of NSP is 210MW. Supported by growing shipment and rising utilization, NSP plans to
launch next round of capacity expansion soon. With a maximum capacity of 600MW, NSP’s new FAB 2
already has 120MW in full production. Benefit by the strong commitments from the China, U.S. and
Japan governments to increase subsidies for solar energy, long term growth for solar industry remains
positive. Pending on market development, NSP is planning for a flexible 100-150MW capacity
expansion, which is expected to ramp up in 2010.

[R-BgO]

Taiwanesische Foundry steigt in Solarwafer-Geschäft ein



13.08.2009 | Redakteur: Claudia Mallok


Nach wochenlangen Spekulationen über zukünftige Investments hat das Management des größten unabhängigen Halbleuterproduzenten Taiwan Semiconductor Manufactoring Company (TSMC) auf seiner Vorstandssitzung beschlossen, 50 Mio. Dollar das Solargeschäft zu investieren. Mögliche Übernahmekandidaten sind Neo Solar Power, Motech Industries und E-Ton

Halbleiterfertigung bei TSMC: Um einen Hochleistungschip zu produzieren sind rd. 140 Arbeitsschritte erforderlich. Für eine Solarzelle sind nur 14 Schritte nötig.
Halbleiterfertigung bei TSMC: Um einen Hochleistungschip zu produzieren sind rd. 140 Arbeitsschritte erforderlich. Für eine Solarzelle sind nur 14 Schritte nötig.
Wie das asiatische Branchenportal DigiTimes unter Berufung auf Vorstandskreise berichtet, will der weltweit größte unabhängige Chiphersteller TSMC mit dem Einstieg in das Solargeschäft sein Engagement im Segment der erneuerbaren Energien verstärken. Obwohl die Höhe der Summe nun festgelegt wurde, lässt das Unternehmen weiter offen, wozu genau der Betrag verwendet werden soll. Auf diese Weise will man sich sämtliche Optionen - auch Akquisitionen - weiter offen halten.
„Dass sich ein finanzstarker Chiphersteller gerade die Solarbranche für Investments aussucht, ist nicht verwunderlich. Schließlich produzieren solche auf Chips spezialisierte Konzerne auf kleinstem Raum viel kompliziertere Dinge“, verdeutlicht Franz Nießler von Eurosolar Austria im Gespräch mit pressetext.
Laut dem Solarfachmann sind allein für die Herstellung eines Hochleistungschips rund 140 Arbeitsschritte erforderlich. Der Prozess der Produktion von Fotovoltaikbauteilen sei hingegen in nur 14 Schritten abgeschlossen - laut Nießler ein Markt mit einem „ungeahnten Wachstumspotenzial“. Das dürfte auch TSMC-Chairman und -CEO Morris Chang so sehen. Übernahmen seien nicht völlig ausgeschlossen.
Click here to find out more!
Über 1,12 Mrd. Dollar für Expansion von 45-nm- sowie 32-nm-Prozesskapazitäten
Auf der Vorstandssitzung segnete man hingegen auch das Budget zur Expansion von 45-nm- sowie 32-nm-Prozesskapazitäten über 1,12 Mrd. Dollar ab. Das Investitionsvolumen in 2009 wurde auf 2,3 Mrd. Dollar festgelegt. Fachleute bewerten dies als einen großen Schritt sowie Mut zu antizyklischen Entscheidungen. 2008, für viele Unternehmen der Branche aufgrund der internationalen Finanz- und Wirtschaftskrise eine harte Bewährungsprobe, lag die Capex hingegen „nur“ bei 1,9 Mrd. Dollar.
Die Zeichen stehen wieder positiver, TSMC investierte 2007 mehr als 2,56 Mrd. Dollar. Angesichts des aktuellen Budgets ein positiver Gradmesser. Nun gibt es Gerüchte, wonach man in den Zellhersteller Neo Solar Power investieren möchte.
Brancheninsider wollen erfahren haben, dass TSMC den von der Powerchip Semiconductor Corporation gehaltenen Anteil an Neo Solar Power übernehmen will, um somit über die Hintertür zum Großaktionär zu werden. Auch wolle man sich derzeit noch die Option offen halten, neue Aktien hinzuzukaufen, um Mehrheitseigner zu werden. „Trotz der Krise zeigt sich die Wichtigkeit des nach wie vor boomenden Solargeschäfts. Schließlich sind die zu erwartenden Renditen hoch. So gibt es eine Vielzahl an Unternehmen, die sich bereits heute schon auf morgen einstellen“, meint Nießler gegenüber pressetext. Auch soll sich TSMC schon in den Werkshallen von Motech Industries und E-Ton umgesehen haben.

[R-BgO]

Neo Solar starts volume production of the ‘Perfect Cell’
29 October 2009 | By Síle Mc Mahon | News > Cell Processing


Solar cell manufacturer Neo Solar Power has begun volume manufacturing of what it is calling the ‘Perfect Cell’ – a monocrystalline silicon cell that yields a conversion efficiency of 17.8%. A Digitimes story reported the start of the volume production, which will see 60 of these Perfect Cells formed into a module that is theoretically capable of producing more than 250W of power, compared to the current mono- and multicrystalline module yield of 220W.

The company also produces ‘Supercell’, a multicrystalline silicon cell that yields a 16.8% conversion efficiency, currently in mass production.

[R-BgO]

ASP ist ca. 99 Euro-cents

October 21, 2009

Neo Solar Power (NSP) Announced Board Approval of 1-3Q09 Financial Results
Turned Profits in 3Q09 with a Quarterly EPS of NT$0.68/share
Quarterly Utilization and Shipment to Capacity was 111% and 124%, Best among Taiwan Peers

Neo Solar Power (NSP, 3576 TT) announced today the Board approved financial results for the period
ended September 30, 2009. NSP posted a NT$124 million net profits in 3Q09, or an Earnings per Share
(EPS) of NT$0.68, and gross margin was back to 9.5%. Quarterly utilization and shipment to capacity
was 111% and 124%, both ranked top among peers. Shipment in 3Q09 was 66MW, surpassing total
shipment for the first half of 2009, representing a 71% growth from 2Q09. Boosted by robust shipment
over production, NSP quickly reduced inventory level and expedited cash inflows from operation
activities. Upholding sensible expansion plan backed by committed customer base, NSP is expected to
continue triumph on both utilization and shipment to capacity metrics.

Revenues for 3Q09 was NT$3.137 billion. Benefit by high utilization and shipment volume resulted in
inventory reduction, gross profits for 3Q09 was NT$297 million, or a gross margin of 9.5%. Operating
income for 3Q09 was NT$214 million. Net non-operating expenses was NT$86 million, where NT$80
million was non-cash items related to the outstanding ECB issued by NSP in 2008. Net profits for 3Q09
was NT$124 million, which is accumulated by rising profits month over month. Monthly net margins in
3Q09 continued rising and has returned to similar level of 2008 gross margin. Consistent to its solid and
conservative management philosophy, NSP maintains a well-balanced financial structure and focuses
cash flow management. Net cash inflows generated from operating activities for 3Q09 were NT$428
million. Combining with the cash raised by issuance of new common shares in August 2009, total cash
and cash equivalents, including pledged deposits, reached NT$3.501 billion by the end of 3Q09. Debt to
total assets ratio was reduced to 47.4% by the end of 3Q09.

Accumulated revenues for the period ended September 30, 2009 were NT$6.954 billion. While shipment
volume was up by 64%, accumulated revenues was still down by 9.8% due to brutal pricing correction
throughout the value chain. However, global solar demand remains cautiously positive in 4Q09 and
order visibility remains strong. Following gross margin back to upper teens, NSP expects to continue
post profit growth in 4Q09. Riding the global economy recovery, demand growth for solar in 2010 are
genuinely optimistic and consensus growth are forecasted around 50% year on year. When solar industry
rebounded in June, NSP was the first to confirm revenue growth momentum. Accumulated shipments
for the first three quarters of 2009 had already surpassing the 2008 annual shipments by 22.5%. Not only
NSP demonstrated its strength to grow despite the industry downturn. With its sensible expansion plan
and superior productivity, NSP expects to further advance market share and improve profitability.

[dicki31785]

Solar cell maker Motech denies rumor of acquisition by TSMC

Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Wednesday 25 November 2009]

Rumors have surfaced that Taiwan Semiconductor Manufacturing Company (TSMC) is seeking to acquire solar cell maker Motech Industries, as the pure-play foundry gears up for the photovoltaic (PV) market.

In response, Motech CEO Simon Tsuo said the company sees no reason to be acquired.

TSMC, which has set up a New Business group to explore other business areas, such as PV, declined to comment on the speculation.

The rumors claimed TSMC's previous acquisition target was solar cell maker Neo Solar Power, but it has shifted to Motech, whose strong vertical integration could enable the foundry's fast entry into the PV market.

Motech has invested in US-based AE Polysilicon to secure polycrystalline silicon supply, and industry sources have noted that it will also step into making PV modules and providing PV systems.

[R-BgO]

November 27, 2009

Hong Kong, China: Comtec Solar and Neo Solar Power Partner to Launch New Wafer and Cell

Monocrystalline wafer manufacturer Comtec Solar Systems and Taiwan based cell manufacturer Neo Solar Power (NSP) have jointly developed and launched the “Perfect Wafer” embedded in the “Perfect Cell”.

Traditionally 156mm mono-crystalline solar wafers are “pseudo-square” with the corners being cut off. The cut-off corners result in a smaller area from which solar cells and panels can capture sunlight.

Comtec Solar says its “Perfect Wafer enables cell and panel-makers to increase the active area and hence the amount of electricity generated. Meanwhile, NSP’s newly launched “Perfect Cell” using “Perfect Wafer” demonstrates panel-makers the ability to increase power density by more than 3% and has an average conversion efficiency of 17.8%. With NSP’s technology advancement, “Perfect Cell” offers extremely low light induced degradation with superior output that can easily exceed 250W.

Comtec Solar’s Chairman and CEO John Zhang said, “We are pleased to join hands with international leading solar cell manufacturers and support them in producing cells and panels of enhanced efficiency. The framework supply agreements are recognition of our efforts in strengthening R&D and enhancing production knowhow in producing high quality, large sized wafers that offer superior conversion efficiencies. We will continue our R&D effort in this regard to develop “Perfect Wafer” of even larger sizes to support the business growth of our customers.”

NSP’s Chairman Quincy Lin said, “Including such a creative wafer maker into our diversified wafer base shall further enhance our capacity on volume delivery of the newly launched “Perfect Cell”. With its superior power generation performance and homogeneous dark appearance, NSP provides a “perfect choice” for system integrators to serve in both roof-top installations and BIPV application.”

[R-BgO]

Neo Solar Power to ramp solar cell capacity to 600MWp in 2010, says chairman

Nuying Huang, Taipei; Adam Hwang, DIGITIMES [Thursday 10 December 2009]

Neo Solar Power plans to ramp its annual solar cell production capacity from 240MWp currently to 600MWp in 2010 and expects its shipments to increase from an estimated 200MWp in 2009 to 400-500MWp in 2010, according to company chairman and CEO Quincy Lin speaking at an investors conference on December 9.

The addition of 360MWp to Neo Solar's annual capacity will entail a capex of NT$2.70 billion (US$83.6 million) for 2010, Lin indicated. Neo Solar plans to further expand its capacity by 400MWp, including construction of a third factory, to reach a total of 1GWp in 2011, Lin noted.

Neo Solar has attained an energy conversion rate of 17.8% for its monocrystalline silicon solar cells and 16.5% for polycrystalline models, and expects to hike the rates to 18.5% and 17.2%, respectively, in 2010, Lin pointed out.

Neo Solar projects global demand for solar cells to grow from 5.2GWp in 2009 to 8.3GWp in 2010, 12.3GWp in 2011 and 19.2GWp in 2012, Lin indicated. In 2010, Germany will be the largest market with a forecast demand of 3GWp, followed by the US with 1GWp, Italy with 900MWp, Japan with 800MWp, China with 700MWp and Spain with 450MWp, Lin noted.

[R-BgO]

Antwort auf Beitrag Nr.: 38.543.933 von R-BgO am 10.12.09 15:04:20

Taiwan's Neo Solar Power upgrades capacity expansion to 360MW
Posted by Debasish Choudhury on 10 December 2009 at 10:05

Neo Solar Power Corporation (NSP), a leading producer of high quality solar cells in Hsingchu, Taiwan, today presented at its investor conference that it will upgrades its 2010 capacity from 240MW to 600MW, representing a 150% increase from 2009. Being the most proactive company among peers on expansion, NSP estimates a 400~500MW shipment in 2010, representing a 100~150% increase from the 200MW forecasted shipment in 2009. Solar demand is expected to further fuel by the global expectation on energy conservation and greenhouse emission reduction.

For the 360MW expansion, NSP estimates a total capital expenditure of NT$2.7 billion. The funding shall be fully supported by its internal capital, which is backed by strong cash position of NT$3.5 billion at the end of 3Q09 and about NT$700 million cash inflow from operating activities, which is the highest among Taiwan peers, for the first nine month of 2009. While the expansion is bold and aggressive, the plan is well planned and is ready for execution to fulfill the y-o-y over 50% solar demand growth in 2010.

Demand in 2010 are mainly from major markets in Germany, Japan, China, and U.S. Benefited by new poly-silicon ramp-up from global leading manufacturers, such as Wacker and Kemlock, supply surplus for poly-silicon and weakened wafer cost are well expected. Fueled by lower material costs, NSP expects that the prosperous global demand in 2H09 to continue into 2010 and provide mild support to the averaging selling price (ASP) that shall help to stabilize gross margin. Leveraging manufacturing cost advantage and its strong brand recognition on high cell efficiency and quality, NSP continues deliver growth despite
sluggish solar demand in 2009 and NSP’s emphasis on branding shall prepare itself to meet the explosive solar demand growth after the forecasted grid parity in 2012 and further capitalize its global market share.

While financial tsunami hindered solar demand growth in 1H09, NSP managed to deliver a strong sales rebound in June and reached full utilization in July, ahead of its competitors. Contributed by rising shipment volume and higher cost inventory reduction, NSP returned to profits in 3Q09. Total shipment for 2009 is estimated at 200MW, completely pushing away the cloud hanging over in 1H09. Moreover, NSP achieved major improvement on rising conversion efficiency and production yield through processing technology advancement in 1H09. Such efforts also led to an upsurge of output and enlarged capacity from 210MW at the beginning of 2009 to current 240MW. Upon ramp-up of 2010 capacity expansion, NSP’s total capacity will surpass 600MW. As it continues push up shipment scale, NSP aims to step up as global Tier 1 solar manufacturer, not only demonstrating the operating commitment of its management team but also raising entry barrier of new competitors.

For more information on NSP, please visit http://www.neosolarpower.com.

[R-BgO]

Neo Solar Power doubling c-Si solar cell capacity on outsourcing demand from Europe23 March 2010 | By Mark Osborne | News > Fab and Facilities

Taiwan-based c-Si solar cell producer, Neo Solar Power (NSP) is expanding annual capacity to 800MW in response to continued outsourcing demand from Europe. NSP currently has an annual capacity of over 240MW. The cell producer had already made initial plans to boost capacity by a further 180MW by the second quarter of 2010, due to running at full capacity in the fourth quarter of 2009. Strong demand and extended visibility into it 2010 order flow pushed NSP to raise capacity plans to 600MW in 2010. However, continued demand from European module manufacturers has led NSP to take capacity to 800MW in 2010.

Capital expenditure for the previously planned 360MW expansion to 600MW capacity was said to NT$2.7 billion (US$84.5 million). The extra 200MW will likely require an additional expenditure of NT$1.4 billion (US$43.8 million, the company said. The capacity expansions are taking place at NSP’s FAB 2 facility in Hsinchu Science Park, Taiwan. FAB 2 has a nameplate capacity of 680MW.

NSP posted revenue of NT$1.879 million (US$58.8 million) in the first two months of 2010, a 51% increase of the same period a year ago. Shipments reached over 200MW in 2009 and guided shipments of between 400 and 500MW in 2010.

The company is also targeting average conversion efficiencies for 2010 of 17.2% for multi-crystalline solar cells and 18.5% for mono-crystalline solar cells.

[R-BgO]

Eric Wesoff 03 30 10
Booming China Solar: Neo Solar Power

From zero to $300 million in revenue in three years

It took First Solar and SunPower more than a decade to get their module capacity up to hundreds of megawatts. As testament to China's drive to grow a renewable energy industry, Taiwan's Neo Solar Power builds crystalline solar cells and has managed to go from zero to 240 megawatts in four years. By the end of this year, the company will have installed capacity of 600 megawatts. In the month of February of this year, the firm had sales of $28 million.

I spoke with the Dr. Quincy Lin (林坤禧), the Chairman and founder of Neo Solar Power, on Saturday at the Monte Jade event in Santa Clara, Ca. Dr. Lin co-founded Neo Solar Power Corp. (NSP) in 2005. Before founding NSP, Dr. Lin spent 15 years in senior positions at TSMC.

Three years after its founding, NSP's revenue reached $300 million. Despite 2009's crushing downturn, NSP actually grew its business that year and Lin remains extremely bullish on the global solar market -- the company forecasts a global demand of 8.3 megawatts in 2010 and 12.3 megawatts in 2011.

Lin's company sees pricing of polysilicon in this oversupplied market at $45 to $50 per kilogram on the spot market by the end of this year.

NSP was profitable in 2008 albeit on narrow margins. The first half of 2009 was a challenge with negative 19 percent gross margins but business metrics returned to positive in the second half of the year.

NSP distinguishes itself from the many commoditized cell manufacturers with its relatively high efficiency.
The firm targets the following average conversion efficiencies in 2010:
* Multi-crystalline: 17.2%
* Mono-crystalline: 18.5%

China's Domestic Solar Market: Wind Market as Template

When it comes to renewables, there's no denying that China is thinking big and moving fast.

But despite the enormous potential, there is very little action in China's domestic PV market. A fraction of China's PV capacity is deployed domestically according to the demand data from GTM Research's PV in China report. Note that the units are "MW."




So what will it take to rev up the Chinese domestic solar market?

Perhaps we can look at the rapidly growing Chinese wind market as a model for setting the Chinese domestic market in motion.

The development of the wind industry in China was the country’s first real foray into scaling a renewable, non-dispatchable generation technology. The government’s approach to building this industry -- establishing a subsidy program with grid interconnection and independent power production are good indicators of the way it might approach scaling its domestic solar industry.

China’s wind market was virtually nonexistent 20 years ago, and has grown to be the fourth-largest market in the world, behind the U.S., Germany and Spain. Over the past five years, installed capacity has grown at an annual rate of 52 percent (!). Cumulative installed capacity through 2008 was over 12 GW, with 6.2 GW installed in 2008 alone. China will likely overtake Germany and Spain to reach second place in terms of cumulative installed wind capacity in 2010.

Some optimistic industry pundits have predicted that new subsidies will make China the world’s largest solar market in 2015.

In the words of Andrew Beebe, Vice President, Global Product Strategy at Suntech, "The PV markets of China and the U.S. actually have a great deal in common. They're both currently benefiting from a great deal of regional and national government support and focus; they are both complex with regulatory and bureaucratic challenges; and they both promise to be absolutely massive."

For a deep dive into the Chinese photovolataic market, check out the China PV Market Development report.

[R-BgO]

March 22th, 2010
Neo Solar Power (NSP) Upgrades Its Annual Capacity to 800MW
Making It an Internationally Recognized PV Cell Manufacturer
Neo Solar Power Corporation (3576 TT) (“NSP”, “the Company”), a leading producer of high quality
solar cells in Hsingchu, Taiwan, today announced the Board-approved capacity expansion plan of 200MW,
enlarging the Company’s annual production capacity to 800MW. The extra 200MW is expected to be
completed in the end of Q3 or early Q4. Upon completion, NSP’s new capacity is expected to drive its
revenue and profit to a new high in the near future.
For the original 360MW expansion plan, NSP had estimated a total capital expenditure of approximately
NT$2.7 billion. The extra 200MW will likely require an additional expenditure of NT$1.4 billion. The
funding plan for the total capacity expansion is well prepared and backed by the Company’s ample
internal cash position of NT$4 billion at the end of 2009. In addition, NSP plans to conduct the
capital-raising through one of the three options approved by the Board, including equity offering, GDR
issuing, or the private placement. The total capital raising is estimated to be approximately NT$3 billion
and will take place concurrently with the syndication loan. However, the actual funding plan will be
decided in accordance with the market conditions.
With the bullish outlook for the solar industry in 2010, NSP actively maintains its production capacity
expansion in line with the customers’ demand while reducing its manufacturing cost. Driven by its
state-of-the-art technology and capable production management, NSP will deliver the best quality
products with the most competitive cost, aiming to expand its market share and becoming one of the
first-tier solar cell makers in the world.

[R-BgO]

SAS terminates GDR issue; Neo Solar Power to issue 70 million new shares


Nuying Huang, Taipei; Willie Teng, DIGITIMES [Tuesday 27 July 2010]

Solar-grade wafer maker Sino-American Silicon Products (SAS) has terminated plans to issue 80 million GDR (global depository receipts) shares citing the need for further evaluation due to the current market and the company's stock price.

The board of solar cell maker Neo Solar Power on July 26 approved plans to issue 70 million new shares for purchasing production equipment.

[R-BgO]

Neo Solar returns to profit in first half

By Lisa Wang
STAFF REPORTER
Saturday, Aug 14, 2010, Page 12
Taiwanese solar cell maker Neo Solar Power Corp (新日光) yesterday said that net income amounted to NT$1.31 billion (US$41 million), or NT$6.15 a share, in the first six months of this year, reversing losses of NT$823 million in the same period last year, as strong demand propelled shipments.

Second-quarter net income leaped to NT$1.03 billion, from NT$272 million in the first quarter.

This also compares with a loss of NT$398 million in the second quarter of last year.

Shipments set an all-time high during the April to June period, the company said.

Revenues nearly doubled to NT$7.49 billion in the first half of this year from a year earlier, the company said in a filing to the Taiwan Stock Exchange.

In a separate stock exchange filing, Neo Solar said that its board had approved a share offer plan to raise NT$4.69 billion by issuing 70 million new shares.

The proceeds will be used to purchase new equipment for capacity expansion, the company said.

Earlier this month, the Hsinchu-based company arranged a NT$5 billion syndicated loan to fund equipment purchases and raw material procurement

Neo Solar plans to more than triple its capacity from 240 megawatts to 800 megawatts this year, matching the capacity increases of local rivals.

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China-based ReneSola signs 3-year solar wafer supply contracts with Neo Solar and Solartech


Nuying Huang, Taipei; Willie Teng, DIGITIMES [Monday 23 August 2010]

China-based solar wafer maker ReneSola has announced the signing of three-year wafer supply agreements with Taiwan solar cell producers Neo Solar Power and Solartech Energy.

ReneSola has agreed to supply 434MWp of solar wafers to Neo Solar over the next three years, of which 141MWp will be monocrystalline silicon (mono-Si) wafers, the China-based company said. Solartech will procure up to 402MWp of polycrystalline silicon (poly-Si) over the same period.

ReneSolar is expected to ramp up wafer capacity to 1.8GWp in 2011 from 1.2GWp currently, and solar cell capacity to 600MWp from 374MWp, the company announced.

ReneSolar shipped 258MWp in the second quarter, up 200.7% on year and 6.6% sequentially. Gross margin for the quarter rose to 30.2% from 17.1% in the first quarter and 5.1% in 2009. For the third quarter, it projects shipments to reach 280-310MWp and revenues of US$300-320 million.

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Neo Solar breaks ground on solar battery cell plant

By Jason Tan
STAFF REPORTER
Thursday, Aug 26, 2010, Page 12

Breaking ground for a new production facility in Tainan yesterday, solar battery cell maker Neo Solar Power Corp (新日光) said it aimed to become the world’s top maker within the next three to four years. Chairman Quincy Lin (林坤禧) said at the groundbreaking ceremony that the goal would be achievable after the new plant reaches full capacity, the Central News Agency and online news outlet Cnyes.com reported yesterday.

CAPACITY

Costing NT$30 billion (US$938 million), the new facility is expected to commence mass production one year from now, the reports said, citing the company.

The Tainan plant will reach its full capacity of 3.2 gigawatts in the next three to four years. The current plant’s capacity will reach 800 megawatts by the end of the year, and when combined, will raise its overall capacity to 4 gigawatts.

This will allow Neo Solar to seize a 10 percent share of the solar cell business, placing it among the world’s top three makers, the reports quoted Lin as saying.

SURGING ORDERS

Solar cell makers including Neo Solar, Motech Industries Inc (茂迪), Gintech Energy Corp (昱晶) and E-Tone Solar Tech Co (益通) are seeing orders in excess of capacity for the rest of the year.

Orders from Italy, France, the Czech Republic, Spain and Japan are strong and have offset a decline in demand from Germany, analysts said.

To secure its wafer supply, Neo Solar said last week it had clinched a deal with ReneSola Ltd, a Chinese maker of solar wafers and solar modules. The deal calls for ReneSola to supply Neo Solar with approximately 293 MW of multicrystalline wafers from last month to December 2013 and approximately 141 MW of monocrystalline wafers from October to December 2013.

EARNINGS

Neo Solar reported earnings per share of NT$6.15 for the first half of the year, which is the second-highest among Taiwan’s solar-concept stocks and only behind rival Gintech’s NT$6.40.

First-half revenues reached NT$7.49 billion, up 96.1 percent from last year, and after-tax profit totaled NT$1.31 billion, reversing a loss of NT$823 million in the same period last year.

Fubon Research said in a client note on Aug. 17 that Neo Solar’s quarterly sales are expected to grow 28 percent quarter-on-quarter to NT$5.7 billion, given the strong demand for solar cells and a better product mix.

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Neo Solar posts NT$2.8 EPS, E-Ton ends 5-quarter losing streak


Nuying Huang, Taipei; Willie Teng, DIGITIMES [Thursday 21 October 2010]

Taiwan-based solar cell makers Neo Solar Power and E-Ton Solar Tech on October 20 announced third-quarter financial results. Neo Solar posted a NT$2.8 (US$0.09) EPS for the quarter, and E-Ton turned profitable after reporting losses for five consecutive quarters.

Neo Solar's third-quarter net income came to NT$650 billion. Gross margin rose to 22.8%, and cumulative net income through the first three quarters of 2010 totaled NT$1.96 billion or NT$8.95 a share.

Due to stock price fluctuations, Neo Solar had to write off losses from revaluations of its convertible bonds, the company said. Without the setback, Neo Solar's EPS was NT$3.97. Shipments for the first three quarters jumped 178% on year, said the company, noting that fourth-quarter demand remains strong and capacity should stay fully utilized.

E-Ton ended five straight months of losses in the third quarter of 2010 with a net income of NT$556 million or NT$2.11 a share. Burdened by the first half, E-Ton posted a net loss of NT$2.549 billion or NT$10.54 a share for the first three quarters in 2010.

After writing off losses from intangible assets in the first half, subsidiary Gloria Solar International Holding (GIH) turned profitable in the third quarter, and contributed roughly NT$17 million in profit. GIH has also ended its solar system operation in Europe as well as Adema's ingot production business to streamline and refocus the company's operation.

Though E-Ton's third-quarter gross margin rose from 6% in the second quarter, it remains in the single-digit range. Market watchers blame the low profitability on poor yield and production line turnover. E-Ton indicated that improvement is expected for the fourth quarter.

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HONG KONG, Oct 26 (Reuters) - Chinese solar firm GCL-Poly Energy Holdings Ltd said on Tuesday it has agreed to supply Taiwan's Neo Solar Power Corp with 350 megawatts (MW) of solar wafers.

GCL-Poly, 20 percent owned by China Investment Corp, would deliver the wafers from the fourth quarter this year to December 2013, the company said in a statement, without disclosing the financial details of the deal.

GCL-Poly is the country's largest producer of polysilicon, a raw material used to make solar cells that convert sunlight into electricity. By the end of 2010, the company said it expected its yearly polysilicon production to reach 21,000 tonnes.

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Neo Solar signs supply deal with China’s ET Solar

LOOKING AHEAD:Shares in Neo Solar rose 1.12 percent yesterday ahead of news about the contract, but have fallen 10.77 percent this year
By Kevin Chen / Staff reporter

Local photovoltaic (PV) cell maker Neo Solar Power Corp (新日光) yesterday signed a three-year supply agreement with China’s ET Solar Group (中盛光電), beginning next year, the Hsinchu-based company said in a statement.

Neo Solar, the nation’s third-largest solar-cell maker by market value, after Motech Industries Inc (茂迪) and Gintech Energy Corp (昱晶), said it would supply 370 megawatts of cells to the Nanjing-headquartered company over the next three years, the statement said.

That would account for about 74 percent of Neo Solar’s forecast shipment of 500 megawatts this year. Chairman Quincy Lin (林坤禧) announced on Dec. 8 that the company was aiming to ship 1 gigawatt of cells next year.

The latest supply contract followed another deal the company inked on Nov. 24 to supply solar cells to Canadian solar module maker Day4 Energy Inc for the whole of next year.

It also came after Neo Solar secured wafer and poly silicon supplies from South Korea’s Osung LST Co and Hankook Silicon Co last month, as well as wafer materials from the Hong Kong-listed GCL-Poly Energy Holdings Ltd (保利協鑫能源控股) in October.

“Recently, we have been securing material supplies with upstream manufacturers by consolidating agreements to actively strengthen our support for the clients’ growth,” Lin said in the statement yesterday.

“We will continue to supply high performance PV cells to ET Solar to expand sales for both parties and advance in global market share,” Lin said.

Shares of Neo Solar rose 1.12 percent to NT$72.1 yesterday in Taipei trading ahead of news about the new contract.

So far this year the stock has dropped 10.77 percent, underperforming an increase of 7.81 percent on the TAIEX, as investors have been worried about pricing and profit margin prospects for next year.

Motech rose 1.38 percent to NT$110, while Gintech was up 1.08 percent to NT$84.1 yesterday, data from the Taiwan Stock Exchange showed.

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* By Chris Whitmore - 22 November 2010
* In News, Cell Processing

Neo Solar signs seven-year poly silicon supply contract with Hankook


Neo Solar Power has signed a poly silicon supply contract with Hankook Silicon, which will provide them with 11,600 tonnes of poly silicon between 2011 and 2017. The agreement not only provides Neo Solar Power with a stable long-term poly silicon supply but also reinforces the strategic alliance between the two companies.

Neo Solar Power’s 2011 orders exceeded its capacity and agreements with Hankook and other suppliers will help to stabilise its silicon supply and also meet the increasing demand from its customers.

“Neo Solar believes that by having better control over supplies and orders, we can continue to expand beyond market growth, broaden our product range, and increase our market share,” said Quincy Lin, chairman of Neo Solar.

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Neo Solar Power (NSP) Announced Financial Statement for 2010, EPS is NT$11.55

January Revenue Outperformed Among Competitors, No. 1 in Taiwanese PV CellManufacturers

Neo Solar Power Corporation (3576 TT) (“NSP”, or “the Company”), a leading producer of high
quality solar cells in Hsinchu, Taiwan, today announced Board of Directors’ approval of 2010 financial
statements. The total accumulated revenue was NT$20.15 billion, representing a 95.5% increase y-o-y.
Net income was NT$2.74 billion with Earnings per share (EPS) resulted in NT$11.55, both revenue and
profits reached record highs.

NSP has been expanding rapidly. From April 2010, the revenue has been continuously reaching record
highs for 10 months consecutively. January revenue reached an impressive NT$2.24 billion, a 150% y-o-y growth despite the traditional low season. Monthly revenue is the highest among peers and NSP has
become the top company of Taiwanese cell manufacturers.

The Company has been practicing sound financial management strategies, the cash and cash equivalents
amounted to NT$6.5 billion at the end of 2010. In addition, accumulated cash inflow from operating
activities amounted to NT$2.5 billion and debt-to-asset ratio remained at a low level of 32.03%,
representing a solid financial structure. NSP’s Euro Convertible Bond (ECB) has all been converted into
common shares in January and so as to prevent further evaluation of loss.

NSP continuously added new capacity in 2010 and the total shipment in 2010 reached over 500MW.
Paired with revenue growth, shipment growth was 160% y-o-y. For 1Q11, with solar PV cell prices
stabilizing and increasing, the Company continues to operate at full capacity. NSP has current annual
capacity of 820MW and over 1.3GW by the end of 2011. NSP will continue to work with flexible
marketing strategies coupled with a strong brand image of high quality and high conversion efficiency to
prolong our competitiveness and push the business to new heights.

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Neo Solar concludes GDR issue


Nuying Huang, Taipei; Jessie Shen, DIGITIMES [Friday 15 July 2011]

Solar cell maker Neo Solar Power announced July 14 the conclusion of a US$132.4 million GDR (global depositary receipt) issue, which consists of 20 million GDRs.

The issue was priced at US$6.62 per GDR, an about 9.97% discount to Neo Solar's July 13 closing share price of NT$42.50 (US$1.47) in Taiwan. Neo Solar's shares closed at NT$42.30 July 14.

The money raised will be used to purchase machinery equipment and production materials, Neo Solar said.

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Merger: http://www.pv-tech.org/news/neo_solar_power_and_delsolar_to_…