JA Solar to Supply 110 MW of Solar Products to Solar-Fabrik AG in 2011
March 01 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 signed a supply agreement with Solar-Fabrik
AG. Headquartered in Germany, Solar-Fabrik AG is one of Europe's
leading solar power companies.
Under the terms of this agreement, JA Solar will supply
Solar-Fabrik AG with more than 110 MW of solar products between
January and December 2011. This supply agreement extends the
partnership between the two companies which began in 2008 and saw
JA Solar supply over 70 MW of photovoltaic products to Solar-Fabrik
AG last year.
"Since 2008, JA Solar and Solar-Fabrik AG have enjoyed a
productive and rewarding partnership, and we are very pleased to
expand on this alliance in 2011," commented Dr. Peng Fang, CEO of
JA Solar. "The success of this relationship demonstrates JA Solar's
commitment to supporting our customers' growth strategies and
enabling them to increase market share in their key geographic end
markets. We look forward to building more long-term strategic
alliances with the leading solar companies worldwide as we further
expand our footprint in the global PV market."
Guenter Weinberger, CEO of Solar-Fabrik AG, commented, "We are
pleased to continue to partner with JA Solar, a leading supplier of
high performance solar products, and to incorporate its
high-quality solar cells in our product offerings. Our cooperation
to date has been very successful, and we look forward to working
with JA Solar to continue growing this partnership."
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
About Solar-Fabrik AG
Founded in 1996 and based in Freiburg im Breisgau, Germany,
Solar-Fabrik AG is among Europe's leading solar power companies.
The company manufactures its products in Freiburg and is certified
according to DIN ISO 9001 and 14001. Well defined quality
management is a prerequisite for excellent system yields. This
includes the selection of high-quality materials, state-of-the-art
manufacturing technology, meticulous processing as well as
permanent and continuous development and system optimization.
Experienced installation partners provide expert customer support,
planning, and system installation. Solar-Fabrik has its production
facility in Freiburg, Germany. For more information, please visit
http://www.solar-fabrik.de.
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 Aug 2024 to Sep 2024
JA Solar Holdings, Co., Ltd. ADS, Each Representing Five Ordinary Shares (delisted) (NASDAQ:JASO)
Historical Stock Chart
From Sep 2023 to Sep 2024