Hsinchu-based Neo Solar expects its shipments to grow to 1GW in 2011, up from an estimated 500MW this year, according to chairman Quincy Lin.
The firm’s current production capacity is 800MW, but Lin says the firm will spend NT$10bn ($331m) next year ballooning its capacity to 1.2GW, necessitating a trip to the capital markets.
“In order to catch market opportunities, we’ll raise funds from equity,” he says.
Taiwan
