Neo Solar buys into Phanes, 800 MW of PV projects globally

October 5 (SeeNews) – In line with its downstream development strategy, Taiwanese firm Neo Solar Power Corp (TPE:3576), or NSP, has acquired a 30% equity interest in Swiss-Emirati renewables developer Phanes Group and consequently 800 MW of projects.

Through this move, the solar cell maker will join a number of photovoltaic (PV) schemes throughout Western Europe, Africa, Latin America, the Middle East and Southeast Asia, it said. Neo Solar estimates that the construction of roughly half of the capacity will kick off within a year.    Read more

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