JA Solar to Supply 400 MW of Solar Modules to a Leading European Provider of Photovoltaic Systems by 2013
February 01 2011 - 5:00PM
JA Solar Holdings Co., Ltd. (Nasdaq:JASO) ("JA Solar" or "the
Company"), one of the world's largest manufacturers of
high-performance solar cells and solar power products, today
announced that it has signed a supply agreement with one of the
leading European specialists in photovoltaic systems to provide 400
megawatts (MW) of solar modules from 2011 through the end of 2013.
Under the terms of this agreement, JA Solar will supply the
company with 100 megawatts of solar modules in 2011, 125 megawatts
in 2012 and 175 megawatts in 2013.
"We are excited to embark on this long-term relationship with
one of Europe's leading suppliers of solar power systems and PV
modules," said Dr. Peng Fang, CEO of JA Solar. "Combining our high
quality solar modules with our partner's extensive and diversified
customer reach in Europe will enable us to further strengthen our
position in this important market."
Forward-looking Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by words such as "may," "expect," "anticipate,"
"aim," "intend," "plan," "believe," "estimate," "potential,"
"continue," and other similar statements. Statements other than
statements of historical facts in this announcement are
forward-looking statements, including but not limited to, our
expectations regarding the expansion of our manufacturing
capacities, our future business development, and our beliefs
regarding our production output and production outlook. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about the company and the industry.
Further information regarding these and other risks is included in
Form 20-F and other documents filed with the Securities and
Exchange Commission. The company undertakes no obligation to update
forward-looking statements, except as may be required by law.
Although the company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that its expectations will turn out to be correct, and
investors are cautioned that actual results may differ materially
from the anticipated results.
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of
high-performance solar power products. The company sells its
products to solar manufacturers worldwide, who assemble and
integrate solar cells into modules and systems that convert
sunlight into electricity for residential, commercial, and
utility-scale power generation. For more information, please visit
http://www.jasolar.com.
The JA Solar Holdings Co., Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=8631
CONTACT: In China
Martin Reidy
Brunswick Group
Tel: +86-10-5960-8600
E-mail:jasolar@brunswickgroup.com
In the U.S.
Cindy Zheng
Brunswick Group
Tel: +1-212-333-3810
E-mail:jasolar@brunswickgroup.com
JA Solar Holdings, Co., Ltd. ADS, Each Representing Five Ordinary Shares (delisted) (NASDAQ:JASO)
Historical Stock Chart
From Oct 2024 to Nov 2024
JA Solar Holdings, Co., Ltd. ADS, Each Representing Five Ordinary Shares (delisted) (NASDAQ:JASO)
Historical Stock Chart
From Nov 2023 to Nov 2024