Taiwan-based solar cell maker Neo Solar Power (NSP) has reported March consolidated revenues of NT$932 million (US$31 million), representing an on-month growth of 11.04% compared to February revenues of NT$839 million.
The firm noted that growth in March revenues was due to strong market demand and rising shipments of high-efficiency solar cells. In addition, solar cell ASPs have been increasing, said NSP.
NSP announced a planned merger with DelSolar, the solar subsidiary of Delta Electronics, in November 2012. The merger is expected to be completed in May-June 2013.
