SHANGHAI, China, June 6, 2011 (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 cells and solar power products, today announced that it will showcase a new generation of high-efficiency solar modules and solar cells powered by its proprietary SECIUM and Maple technology at this year's Intersolar Exhibition, which will be held in Munich, Germany, in early June.
Developed using JA Solar's proprietary new high-efficiency solar cell processing technology, SECIUM and Maple cells can achieve conversion efficiency levels well above those of conventional solar cells. Mono-crystalline SECIUM cells can achieve a conversion efficiency of up to 19.2%, while poly-crystalline Maple cells can achieve up to 18.2%. Both products are already in volume production and are available for immediate shipment in large quantities.
The new SECIUM 260W PV module product features sixty 6-inch mono-crystalline SECIUM cells, while the SECIUM 300W PV module employs a 72-cell format. Both are designed to take full advantage of the higher power output of SECIUM cells and deliver some of the highest power-per-area ratios in the industry, making them ideal for application in area-constrained solar projects. The Maple 250W module utilizes JA Solar's newly developed Maple poly-crystalline solar cell in a sixty-cell format, providing a cost-effective solution for maximizing power output over a limited area.
PV module products incorporating JA Solar's new SECIUM and Maple solar cells generate approximately 10% more power than conventional polycrystalline PV modules, enabling a lower weight-per-area ratio as well as reducing balance-of-system and installation costs per watt.
"We are pleased to showcase our new best-in-class products at the Intersolar Exhibition," said Dr. Peng Fang, CEO of JA Solar. "The advanced technologies powering our new generation of products take the cost/performance ratio of solar products to the next level, and offer compelling value to end customers looking for cost-effective solutions that maximize power output over a limited area. These products are ideal for application in rooftop and area-constrained installations, a market where we see significant opportunities for growth over the next year."
JA Solar will showcase the new solar cell and module products at booth A3 #360, at the Intersolar Exhibition, which will take place at the New Munich Trade Fair Centre from June 8 to 11, 2011.
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 http://www.jasolar.com.
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