JA Solar Holdings Co., Ltd. and BP Alternative Energy Holdings Limited have entered into an agreement, which over the next five years will see the two companies working together to develop and market part of their solar PV product portfolio. The commercial agreement is anticipated to be finalized by the end of 2008. JA Solar will provide its manufacturing and execution capabilities along with its access to third party silicon and/or wafers. BP will make its third party silicon and/or wafers available, while providing access to its global customer portfolio and influence its brand and sales marketing capabilities in important markets.
“Our two companies are in a strong position to help lead the way in achieving grid parity more rapidly and accelerating the worldwide adoption of solar photovoltaic solutions. We share this common goal,” said Samuel Yang, JA Solar’s Chief Executive Officer. “This agreement further demonstrates JA Solar’s capability of providing low-cost and high quality manufacturing in the industry and is expected to give us market access through BP’s well- established global brand and marketing networks. The proposed alliance is a good fit and is intended to allow us to build on each others’ strengths in a mutually beneficial way.”