JA Solar Unveils 18.2% Conversion Efficiency Multi-Crystalline Silicon Solar Cell
February 17 2011 - 8:00AM
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 developed a new high-power multi-crystalline
solar cell with a conversion efficiency of 18.2%, representing a
significant breakthrough in multi-crystalline silicon solar cell
technology.
The new generation solar cell, which was developed by JA Solar's
R&D team, utilizes a proprietary new technology dubbed "Maple"
that enables significantly enhanced power output from
multi-crystalline solar cells. Maple cells feature silicon crystals
that are broader, flatter and have fewer grain boundaries than
traditional multi-crystalline silicon, resulting in reduced energy
wastage and improved conversion efficiency. Though closer to
mono-crystalline solar cells in terms of conversion efficiency,
Maple cells can be produced using lower-cost multi-crystalline
silicon production techniques. As a result, Maple has the potential
to be used to produce a more advanced range of high-power solar
modules at a low cost-to-performance ratio.
Maple cells have achieved 18.2% conversion efficiency in pilot
production under large-volume manufacturing conditions, and the
Company intends to commence commercial production in the second
half of 2011.
"We are proud to announce this breakthrough in
multi-crystalline-silicon solar cell technology, an achievement
that clearly demonstrates JA Solar's industry-leading R&D
capabilities," said Dr. Peng Fang, CEO of JA Solar. "By bridging
the gap between the higher efficiency of mono-crystalline
technology and the lower cost of multi-crystalline cells, Maple
technology can drive a new generation of high-power solar modules
at attractive price points. We are committed to building on this
achievement to further improve efficiency and to continuing to
develop industry-leading solar cell technology and innovative solar
power products in support of our goal of achieving
grid-parity."
JA Solar will showcase this new solar cell and related solar
module products at the SNEC (2011) PV POWER EXPO, which will take
place in Shanghai, China, from February 22 to 24, 2011.
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
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