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JA Solar Holdings Co., Ltd. (JASO) Announces Largest Solar Installation In Tennessee

|Includes: JA Solar Holdings, Co., Ltd. (JASO)

JA Solar Holdings recently announced the completion of the delivery of 9.5 MW of PV modules to the Volkswagen Solar Park. The installation contains 33,600 high-performance multi-crystalline silicon PV modules across 33 acres of land next to the Volkswagen manufacturing plant in Chattanooga, Tennessee. The modules have been supplied exclusively by JA Solar.

Based in Shanghai, China, JA Solar is focused on manufacturing solar power products intended for residential, commercial, and utility-scale power generation. JA Solar produces solar modules which it distributes under its own brand, and also manufactures products for other solar manufacturers. The company also has facilities in Shanghai, as well as Hebei, Jiangsu, and Anhui provinces.

The solar park, which is the largest such park in Tennessee, was constructed by Phoenix Solar for Silicon Ranch Corp. The park will sell the electricity to Volkswagen under a 20-year power purchase agreement, and is expected to produce 13,100,000 kWh of electricity annually. Volkswagen Group of America Chattanooga Operation LLC hosted a "power up" dedication ceremony on January 23.

Jonathan Pickering, president of JA Solar, said, "The United States is one of the fastest growing markets in the global solar industry and we are proud to have JA Solar modules powering this landmark Volkswagen solar installation. JA Solar is committed to providing high-quality, high-performance, and high-reliability solar modules to our customers and we are pleased to have been selected by Phoenix Solar for this project. Phoenix Solar has an outstanding reputation as a global leader in the design and construction of solar systems, and we've enjoyed a very close partnership as both companies grow in the United States."

"We are delighted to have worked together with JA Solar on the Volkswagen Solar Park installation," said Dr. Murray Cameron, CEO and president of U.S.-based Phoenix Solar Inc. "JA Solar's high-quality products and professional technical and customer services were key to the success of the project and we look forward to collaborating again in the future."

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