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Neo Solar Power plans to open factory in Vietnam

22.02.2016: Taiwan-based solar cell manufacturer Neo Solar Power Corp. (NSP) is seeking partners to build a solar module factory in Vietnam. According to Taiwanese news portal Digitimes, the best candidate to form a joint venture with Neo Solar Power for the project is Vietnam-based solar company Vina Solar, which has an annual capacity of 1 GW and has recently become an OEM for Chinese solar manufacturers. In December, Neo Solar Power unveiled a plan to increase its annual production capacity for solar cells from 2.2 GW in 2015 to 2.5 GW. In order to implement this plan, the company will adjust allocation of its domestic and overseas production capacities by shifting part of the production in China and Malaysia. © PHOTON

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