Nov 13 2013
JA Solar Holdings Co., Ltd. ("JA Solar" or the "Company"), one of the world's largest manufacturers of high-performance solar power products, today announced that it has signed two agreements to supply a total of 70 MW of high-efficiency polycrystalline solar modules to Shanghai CSET Co., Ltd., a photovoltaic ("PV") system integrator focused on the planning, design and operation of solar PV stations, for two commercial rooftop projects in China.
According to the agreements, 20 MW of modules will be delivered in December 2013, and 50 MW will be delivered in the first quarter of 2014. The projects will utilize JA Solar's high-efficiency polycrystalline modules with an average power output of between 255 W and 260 W in a 60-cell format, which are among the most powerful modules of their kind on the market. The contract amount will be paid in full prior to delivery.
"This agreement is another sign of improving industry fundamentals and strong demand from the China market, which is expected to continue to grow rapidly in the next few years," said Mr. Baofang Jin, executive chairman and CEO of JA Solar. "JA Solar's superior product offerings and our strong relationships with project developers in China ensure we are well positioned to benefit from this growth."