JA Solar Announces Supply Agreement for 13MW of Mono-Crystalline Solar Cells With a Leading U.S. Solar Manufacturer

/ Source: GlobeNewswire

SHANGHAI, China, Oct. 6, 2010 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd. (Nasdaq:JASO), one of the world's largest manufacturers of high-performance solar cells and solar power products, today announced that it has signed an agreement to deliver over 13MW of high efficiency, mono-crystalline solar cells to a leading U.S. solar module manufacturer and systems company. Delivery began in the third quarter and will continue through the remainder of 2010.   

"JA Solar is pleased to be working with this premier American solar company, which will help us to further penetrate the growing U.S. solar market," said Dr. Peng Fang, CEO of JA Solar. "We believe we are well positioned as the world's leading crystalline-silicon solar cell supplier and we intend to expand our market share in the U.S. and other key regions in the quarters to come," he said.

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 .

CONTACT: Stapleton Communications Alexis Pascal 1.650.470.0200 alexis@stapleton.com