Neo Solar Power and DuPont Signed Technology Cooperation Agreement


(MENAFN- InvestorIdea)

Neo Solar Power and DuPont Signed Technology Cooperation Agreement

Hsinchu Taiwan - April 21 2015 (Newsfile Corp.) (Investorideas.com renewable energy stocks newswire) Neo Solar Power (TT: 3576) (NSP) and DuPont Taiwan Ltd. (DuPont) signed a technology cooperation agreement regarding high-efficiency solar cell technology on April 9th. The purpose of this technology cooperation is to develop high-efficiency solar cell technology using new DuPont(TM) Solamet(R) PV19x series photovoltaic metallization paste in order to help NSP improve solar cell efficiency and panel power output.

'DuPont is focused on the development of advanced materials that help improve the power output durability and return on investments for solar energy systems' said Walt Cheng managing director Greater China DuPont Electronics & Communications. 'R&D on innovative materials such as Solamet(R) pastes as well as collaborations with forward-thinking manufacturers such as NSP are key to the continued success of solar energy.'

'NSP has formed a strong positive collaboration with DuPont on solar cell technology. By using advanced materials from DuPont and by working closely together we are able to increase the efficiency of NSP solar cells and improve the power output of solar panels. The signing of the technology cooperation agreement will enhance the two companies' cooperation in solar energy' said Sam Hung chief executive officer NSP.

Technology and quality are the core competencies of NSP. NSP will continue to invest in R&D to manufacture cost-effective high-efficiency and reliable solar products to fulfill different customer needs.

About Neo Solar Power Corporation (TT: 3576) (NSP)

Founded in 2005 by Dr. Quincy Lin (former Senior VP of TSMC) and Dr. Sam Hong (former Director of ITRI Research Division) Neo Solar Power Corporation (NSP) is a leading manufacturer of high performance and high quality solar cells and modules. With core competitive advantages in quality technology and customer service NSP became the world's largest merchant solar cell manufacturer by volume in 2013. After selling DelSolar to NSP Delta Electronics (2308 TT) became the biggest shareholder of NSP with a 19% holding. Leveraging current leading position in solar cell technology NSP will further expand into the global solar systems businesses aiming to become the leading solar system integrator in the world. For more information please visit the company's website at www.nsp.com.

DuPont is the leading supplier of specialty materials to the solar energy industry with the broadest portfolio of products designed to improve the power output reliable lifetime and return on investment for solar panels. To learn more please visit http://photovoltaics.dupont.com.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products materials and services since 1802. The company believes that by collaborating with customers governments NGOs and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere decreasing the dependence on fossil fuels and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation please visit www.dupont.com.

The DuPont Oval Logo DuPont(TM) and Solamet(R) are registered trademarks or trademarks of DuPont or its affiliates.

For further information please contact:

NSP: Mr. Hao HuangPhone: +886-3-578-0011 ext. 20628Hao.huang@nsp.com

DuPont: Winnie ChouInvestor Relations Dept.Tel: +886-3-3773578winnie.chou@dupont.com

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