JA Solar to Supply 29 MW of PV Modules to a Leading Italian Renewable Energy Company in 2011
January 26 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 the Company has signed a module supply contract with
a leading Italian renewable energy company, which belongs to a
large utility group in Europe.
Under the terms of this agreement, JA Solar will supply this
customer with a total of 29 megawatts (MW) of photovoltaic modules
during 2011.
"We are pleased that this new strategic customer, a leading
developer and provider of PV systems in Italy, has chosen JA Solar
as a supplier for their solar projects," stated Dr. Peng Fang, CEO
of JA Solar. "This new partnership further demonstrates JA Solar's
strength in building long-term strategic relationships with leading
international solar companies. As we continue to build momentum in
the global PV market, we look forward to delivering high-quality
and innovative solar power products to more of the world's top
solar providers."
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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