JA Solar Commences Large-Volume Module Shipments From Bids Totaling 70MW With China Guangdong Nuclear Solar Energy
JA Solar's total of 70MW in successful bids makes it the largest single bid winner in a 150MW tender offered by CGN.
SHANGHAI, China, Sept. 26, 2012 -- JA Solar Holdings Co.,
manufacturers of high-performance solar power products, today announced that
it has commenced solar module shipments from successful bids totaling 70MW
with China Guangdong Nuclear Solar Energy Development Co., Ltd. ("CGN"). The
Company has signed supply agreements with subsidiaries of CGN for an initial
30MW of modules, delivery of which is expected to be completed by the end of
2012. The modules will be used in projects in China's Qinghai and Xinjiang
provinces. JA Solar's total of 70MW in successful bids makes it the largest
single bid winner in a 150MW tender offered by CGN.
Dr. Peng Fang, CEO of JA Solar, said, "This cooperation with CGN, one of
China's largest utility companies, is yet another clear sign that project
developers in China increasingly recognize JA Solar for the reliability and
affordability of our world-class product offering.
Combined with our stable financial position, this forms a solid foundation
for JA Solar's continued long-term growth in this promising market."
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance
solar power products that convert sunlight into electricity for residential,
commercial, and utility-scale power generation. The Company is one of the
world's largest producers of solar cells. Its standard and high-efficiency
product offerings are among the most powerful and cost-effective in the
industry. The Company also produces solar modules which it distributes under
its own brand and produces on behalf of solar manufacturers globally. The
Company shipped 1.69GW of solar power products in 2011. JA Solar is
headquartered in Shanghai, China, and maintains production facilities in
Shanghai, as well as Hebei, Jiangsu and Anhui provinces.
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