JA Solar (JASO -4.8%) has sold off to the $1 range. Possibly playing a role is news that the...

|About: JA Solar Holdings, Co., Ltd. (JASO)|By:, SA News Editor

JA Solar (JASO -4.8%) has sold off to the $1 range. Possibly playing a role is news that the company, which (like many solar manufacturers) has been bleeding cash, will be taking part in a $1.3B Japanese project to develop solar power plants in the country. JA's solar panels, along with those of South Korea's LS Industrial, will be used to build the plants.