JA Solar Holdings revealed that it has signed a supply agreement with China Power Investment’s subsidiary, Huanghe Hydropower Development, for the delivery of nearly 21MW of solar products by September. The PV modules will be used for a solar project being developed in Qinghai, China.
Dr. Peng Fang, CEO of JA Solar commented, “China is increasingly turning to renewable sources to power its future energy requirements, a transition that will drive years of rapid growth in the solar sector. Leading power generation companies like Huanghe Hydropower will be right at the heart of this process. With China's recently announced nationwide feed-in tariff program for solar power, we believe China is well positioned to become a multi-gigawatt PV market and one of the most important solar markets in the world. By developing long term relationships with independent power producers at this early stage, JA Solar can support the development of the domestic solar end market while also ensuring that we benefit from its growth.”