Taiwan-based solar cell maker Neo Solar Power (NSP) has announced its merger with DelSolar, the solar subsidiary of Delta Electronics, was completed on May 31, 2013. NSP is the surviving company.
According to Yancey Hai, chairman of Delta, the firm will continue to support the management team of NSP and contribute to developing clean energy sources.
Quincy Lin, chairman of NSP, stated that after the merger, resources of the two firms will be utilized.
NSP disclosed that the firm recently signed 300MW long-term supply contracts with international tier-one solar module firms. Order visibility is clear to the third quarter, added the firm.
Source:
http://www.digitimes.com/news/a20130531VL203.html