Neo Solar Power Corporation (3576 TT) (“NSP”, or “the Company”), a world-class leading producer of high quality solar cells in Hsinchu, Taiwan, today announced that April revenue reached NT$ 2,555 million, setting a historical high with a MoM growth rate of 1.46%.

Given the rising market demand and ASP, NSP revenues continue to grow as a result of the increase of shipments. Year-to-Date cumulative revenues reached NT$ 9,832 million as of April 2014, a +170.02% jump in YoY terms.

Looking into the future, the demand and installations are increasing not only in major markets such as China, Japan, and the United States, but also in emerging markets. These factors brought the global solar industry into a stably-increasing stage. Therefore, a lot of research institutions forecast a constant record high of global installations this year. NSP continuously devotes to R&D in manufacturing process as well as in high efficiency products and expects to maintain the growing revenues benefited from the increasing ASP and shipments in the future.