Nov. 11, 2013 - JA Solar today announced that it has signed two agreements to supply a total of 70MW polycrystalline solar modules to Shanghai CSET Co., Ltd., for two commercial rooftop projects in China.
According to the agreements, 20MW of modules will be delivered in December 2013, and 50MW will be delivered in the first quarter of 2014. The projects will utilize JA Solar's polycrystalline modules with an average power output of between 255W and 260W in a 60-cell format. 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."