Ja Solar Holdings Co.: Supply agreement with tenKsolar, Inc.
Shanghai, China,- Ja Solar Holdings Co., Ltd. (Nasdaq:JASO - News), one of the world's largest manufacturers of high-performance solar cells and solar power products, today announced a partnership and supply agreement with tenKsolar, Inc., a Minnesota-based solar technology company. Under the agreement, Ja Solar will supply its high-efficiency "SECIUM" solar cell technology for use in tenKsolar's RAIS(R) rooftop array. When deployed in the tenKsolar RAIS(R) array using static reflection as a proprietary cell-optimizing architecture, Ja Solar's 19 percent efficient SECIUM solar cell yields an effective area efficiency (peak energy produced per unit of module area) of over 25 percent, resulting in superior rooftop energy density at a competitive installed cost.
"We are pleased to work with tenKsolar, an innovative solar technology company based in the United States," said Yong Liu, CTO of Ja Solar. "By utilizing Ja Solar's leading-edge, high-efficiency SECIUM Solar cells, tenKsolar is able to achieve a PV system with higher energy density output for commercial flat rooftop and space-constrained ground-mount projects, thus reducing the cost of delivered energy," he said.
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.
About tenKsolar, Inc.
tenKsolar is a PV systems development company focused on reducing cost and improving performance through its advanced module product offerings. tenKsolar's proprietary cell optimized architecture removes the serial dependencies inside solar modules, eliminates strings and replaces passive racking with reflectors that maximize output and minimize cost. tenKsolar was founded in 2008 and is based in Minneapolis, Minnesota. For more information, please visit http://www.tenksolar.com
Ja Solar Holdings Co., Ltd.