Friday, October 8, 2010

FW: JA Solar secures RMB 30 bln-credit line from CDBChina Knowledge NewswireOctober 4, 2010

The train is rolling. Get crackin' or get out of the way.


http://www.electroiq.com/index/display/pv-wire-news-display/1275413651.html


JA Solar secures RMB 30 bln-credit line from CDBChina Knowledge
NewswireOctober 4, 2010 JA Solar Holdings Co Ltd has acquired RMB 30
billion worth of credit line from China Development Bank for output
expansion, sources reported. The photovoltaic product maker, listed on the
NASDAQ Stock Exchange in 2007, hopes to increase its global market share
from current less than 10% to 15% in the future. Last year, the company sold
509 megawatts of solar cells, ranking No. 6 in the world. As of first half
of this year, its sales totaled 583 MW, making it the largest maker of PV
product in the world. JA Solar, which has an annual production capacity of
1,800 MW, has increased its sales goal for 2010 from 1,000 MW to 1,350 MW.
In a PV exhibition recently held in Spain, JA Solar inked supply contracts
to supply 500 MW of PV products in 2011. Copyright 2010 China Knowledge
Press Pte Ltd.All Rights Reserved China Knowledge Newswire Wire News
provided by Photovoltaics World Article Categories: Photovoltaics   Test
and Reliability Silicon Photovoltaics   BOS Components Thin Film Solar Cells
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