JA Solar P-Type Mono-Si Solar Cells Surpass 20% Conversion Efficiency
SHANGHAI, China, Aug. 19, 2013 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd.
(Nasdaq:JASO) ("JA Solar" or the "Company"), one of the world's largest
manufacturers of high-performance solar power products, today announced that
its p-type mono-crystalline silicon ("mono-Si") solar cells, a new family of
high-performance solar cells dubbed "PERCIUM," have surpassed 20% conversion
The newly achieved conversion efficiency, which has been independently
confirmed and certified by the Fraunhofer ISE's photovoltaic calibration
laboratory (CalLab) in Freiburg, Germany, sets an industry-leading level for
industrial size (156x156 mm^2) solar cells using p-type mono-Si wafers.
The breakthrough follows JA Solar's recent announcement of the
industry-leading efficiency of its multi-crystalline silicon ("multi-Si")
solar cells. JA Solar plans to introduce the new cell technology into mass
production within the next six months and integrate the new high-efficiency
cells into module assembly lines for commercial use.
"This latest above 20% conversion efficiency of solar cells using p-type
mono-Si wafers is of great importance in terms of cost-effectively
manufacturing high-performance solar cells and modules," said Mr. Yong Liu,
CTO of JA Solar. "It is also a further boost to our efforts to meet the
growing demand for high-performance solar power products."
"This result builds on the momentum that our R&D team has generated in recent
months," added Dr. Wei Shan, chief scientist and general R&D manager of JA
Solar. "We have repeatedly achieved average conversion efficiency of over 20%
since May of this year on over 10,000 cells. We're fully confident in bringing
such products to serve our clients' needs. Our R&D team has an excellent track
record of commercializing cutting-edge technologies and we look forward to
transitioning these high-efficiency cells into mass production soon."
This press release contains forward-looking statements. These statements
constitute "forward-looking" statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and as defined in the U.S. 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
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance
solar power products that convert sunlight into electricity for residential,
commercial, and utility-scale power generation. The Company is one of the
world's largest producers of solar power products. Its standard and
high-efficiency product offerings are among the most powerful and
cost-effective in the industry. The Company distributes products under its own
brand and also produces on behalf of its clients. The Company shipped 1.7 GW
of solar power products in 2012. JA Solar is headquartered in Shanghai, China,
and maintains production facilities in Shanghai, as well as Hebei, Jiangsu and
Anhui provinces.For more information, please visit www.jasolar.com.
CONTACT: In China
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