Trade Resources Industry Views Neo Solar Power See November Consolidated Revenues Increase on Month and on Year

Neo Solar Power See November Consolidated Revenues Increase on Month and on Year

Taiwan-based crystalline silicon solar cell maker Neo Solar Power and solar-grade crystalline silicon wafer makers Green Energy Technology (GET), Sino-American Silicon Products (SAS) and Gigastorage saw November consolidated revenues increase on month and on year, according to the companies.

Neo Solar said its November consolidated revenues of NT$2.333 billion (US$78.8 million) marked a 32-month high with growth of 1.42% on month and 191.54% on year due to growing demand in Japan, China and the US. January-November consolidated revenues were NT$17.686 billion, up 51.94% on year.

GET had consolidated revenues of NT$1.279 billion for November growing 2.8% on month and 62.88% on year, and NT$11.692 billion for January-November rising 27.79% on year.

SAS' consolidated revenues of NT$1.93 billion for November increased 2.12% on month and 11.05% on year. January-November consolidated revenues were NT$20.167 billion, up 16.76%.

Gigastorage posted consolidated revenues of NT$860 million for November, up 6.97% on month and 109.46% on year, and NT$7.614 billion for January-November, up 32.69% on year.

In response to increasing demand, GET, SAS and Gigastorage plan to hike prices for solar-grade wafers by 3-5% in the fourth quarter.

Source: http://www.digitimes.com/news/a20131206PD200.html
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Solar Players See Increased November Revenues
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