Neo Solar Power Corporation
NSP Subsidiary Completes Development of 225 MW Solar Projects in the United States with Total Investment of US$ 435 Million Marks New Milestone for Taiwan Solar Industry
NSP Subsidiary Completes Development of 225 MW Solar Projects in the United States with Total Investment of US$ 435 Million Marks New Milestone for Taiwan Solar Industry Neo Solar Power Corporation (“NSP”, or “the Company”, publicly listed on the Taiwan Stock Exchange, Ticker: 3576 TT), a world-class integrated PV solution provider with expertise in high efficiency products and global solar system development, announced today that its solar IPP company, Clean Focus Yield Limited (‟CFY”), has completed development of Greenskies project, a portfolio of 225 MW commercial and industrial solar projects. Once all 225MW of this Greenskies project goes on COD, it is expected to contribute electricity revenue of nearly US$ 33 million each year, and to ensure that NSP and other CFY investors will receive long-term, steady dividends as well as growth momentum. In the future, NSP will not only earn profit from the development, construction, and sale of global solar projects, but also it will receive distributions and potential capital gains from CFY. This deal enhances NSP financial & operating capabilities and expedites the transformation of NSP from a solar cell manufacturer to a vertically-integrated full service solar company with advanced cell and panel production, project development and construction, and portfolio management. About Neo Solar Power Corporation (3576 TT) (NSP) For further information, please contact: Document: http://n.eqs.com/c/fncls.ssp?u=OVGJRXTTGF Document title: NSP Subsidiary Completes Development of 225 MW Solar Projects in the United States with Total Investment of US$ 435 Million Marks New Milestone for Taiwan Solar Industry
14/08/2017 Dissemination of a Marketing Press Release, transmitted by EQS Group. |