Neo Solar of Taiwan Targets Annual Cell Capacity of 1.3 GW by End-201

Neo Solar Power Corp. expects to boost its annual solar cell production capacity to 1.3 gigawatts by the year-end, the Hsinchu, Taiwan-based company said in an e- mailed statement today. The solar cell maker targeted an annual capacity of 1.2 gigawats by the end of 2011, Chairman Quincy Lin told reporters in December.

To contact the reporter on this story: Yu-Huay Sun in Taipei at ysun7@bloomberg.net

To contact the editor responsible for this story: Ryan Woo at rwoo5@bloomberg.net

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