This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

JA Solar Signs Strategic Agreements With Innovalight For Joint Development Of High Efficiency Solar Cells

SHANGHAI, July 12 /PRNewswire-FirstCall/ -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO), a leading manufacturer of high-performance solar power products, today announced that it has signed strategic agreements with Innovalight, Inc.

(Logo: http://photos.prnewswire.com/prnh/20090309/JASOLARLOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20090309/JASOLARLOGO)

JA Solar signed a three-year supply agreement for silicon nanoparticle ink from Innovalight for the production of JA Solar's recently announced SECIUM high efficiency solar cells. Pilot production of the SECIUM cells began in May with commercial volume production planned in the second half of 2010.

JA Solar has achieved conversion efficiency of 18.9 percent for its SECIUM solar cells and these results have been independently certified by The Fraunhofer Institute for Solar Energy Systems (ISE) in Germany. The new cost effective, high efficiency solar cells enable substantially better spectral response at short wavelengths in comparison with standard solar cells and therefore have higher conversion efficiency than conventional solar cells from other manufacturers.

JA Solar and Innovalight also announced that they have signed a strategic agreement to co-develop solar cells with conversion efficiencies exceeding 20 percent.  Development will be performed at both Innovalight's headquarters in California and at JA Solar's R&D center in China.

"We are very excited about the strong partnership we have established with Innovalight," said Dr. Peng Fang, chief executive officer at JA Solar. "JA Solar will continue to stay at the forefront of solar cell technology and commercial production of high-efficiency solar cells through partnerships between our internal R&D group and external partners like Innovalight," he added.

Innovalight manufactures a proprietary nanotechnology-based silicon ink and licenses a proprietary platform process which allows a simple upgrade to solar cell manufacturing production lines to boost performance of solar cells and lower production costs.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,390.52 +195.10 1.13%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,630.7410 +64.6030 1.41%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs