JA Solar Announces 70MW Supply Agreement With Solar-Fabrik AG
SHANGHAI, July 8 /PRNewswire-FirstCall/ -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO), a leading manufacturer of high-performance solar power products, today announced it has entered into supply agreements with Solar-Fabrik AG. Under the terms of the agreements, JA Solar is expected to supply Solar-Fabrik with approximately 70MW of photovoltaic products. Shipment has already started and will continue through the end of 2010.
The supply agreements further strengthen the strong partnership between the two companies that began in 2008. Both JA Solar and Solar-Fabrik are committed to work together for future growth.
"We are glad to extend our relationship with Solar-Fabrik, one of Europe's leading solar energy companies and a pioneer in the international photovoltaic industry," said Dr. Peng Fang, CEO of JA Solar. "Solar-Fabrik has a strong presence and great brand recognition in key solar markets such as Germany, Italy and France. Our alliance will further expand our geographic reach and enhance our positioning within the global solar market," he said.
"We are pleased to expand our strategic partnership with JA Solar for supply of high-quality materials," commented Guenter Weinberger, CEO of Solar-Fabrik AG. "JA Solar's products are top quality and fulfill our stringent requirements. We appreciate our partnership with JA Solar, which helps both parties to grow their market share," he said.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. 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. At present, Solar-Fabrik has a production capacity of 130 megawatts (MW) and employs 350 workers at its site in Freiburg, Germany. SOURCE JA Solar Holdings Co., Ltd.
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