Neo Solar Power Rolls out Two New Mono Module Products: PEACH Series High Power Module, and Glory Series Double Glass Module (BiFi G2G)

Hsinchu, Taiwan--(Newsfile Corp. - October 17, 2016) - Neo Solar Power Corporation ("NSP", or "the Company", publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), a world-class leading integrated PV solution provider with expertise in high conversion efficiency products and global solar system development capabilities in Hsinchu, Taiwan rolls out two new monocrystalline module products: p-type PERC half-cut module "PEACH Series" and p-type PERC Bifacial double glass module "Glory BiFi G2G Series". These two new products will be exhibited at 2016 PV Taiwan in Taipei Nangang Exhibition Center, Taiwan on October 12th, 2016.

NSP PEACH series modules use NSP's top-of-the-line p-type Mono PERC cells "Black 21", which have maximum cell efficiency of 21.4%. NSP further uses half-cut technology to boost the maximum power to 325W in 60-cell modules. This product offers light induced degradation (LID) lower than that of regular monocrystalline p-type cells and reduces 50% shading power loss.

The 2nd new product NSP rolls out is double glass module "Glory series BiFi G2G" with bifacial p-type PERC mono cells. With front-side module power measured at 298W and back side 194W, the equivalent module power is reaching 337W assuming 20% albedo. Glory series modules implement superior salt resistant and anti-yellowing designs. They are suitable for harsh environments such as salt pans, fish ponds, deserts, etc. Compared to conventional modules, Glory series modules provide less degradation per year (0.5% vs. 0.7%), longer module lifetime (30 years vs. 25 years), and guarantee at least 20% more energy gain trough lifetime.

About Neo Solar Power Corporation (3576 TT) (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

For further information, please contact:
Ms. Shirley Chen
Investor Relations Dept.
Phone: +886-3-578-0011 ext. 20626
Email: shirley.chen@nsp.com