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JA SOLAR Co., Ltd.

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JA SOLAR Co., Ltd. - Energy & Power showcase

Year Founded & Workforce

2005

20,000 Employees

Industry

Energy & Power

Services

PV ModulesEfficient ModuleDouble Glass 1500V ModuleFast ModuleSolar Cells – Mono Series
J

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JA SOLAR Co., Ltd. Overview

Headquarters: Shanghai, China

Founded: 2005

Workforce: Approximately 20,000

Company Working: JA Solar Holdings Co. Ltd is a solar development company that manufactures solar PV module, solar cells, and panels for power plant & off-grid solar installations as well as it manufactures mono-crystalline and multi-crystalline solar cells. It has offices in countries such as China, Japan, Philippines, United Kingdom, India, the U.S., Thailand, the Netherlands, Australia, and Switzerland.

JA Solar has several subsidiaries for enhanced marketing and has been developing a wide global sales network sales. JA Development Co., Ltd (British Virgin Islands), JA Solar Malaysia Sdn. Bhd. (Malaysia), JA Solar Vietnam Company Limited (Vietnam), JA Solar USA Inc. (U.S.), JA Solar Hong Kong Limited (Hong Kong), JingAo Solar Co., Ltd and Yangzhou JA Solar PV Engineering Co., Ltd (China) are some of its subsidiaries. JA Solar manufacturers high-performance solar products and uses its strengths in PV-research and development to consistently optimize its unique technologies in cell production and model construction. The company is a pioneer in selective diffusion technology and passivized emitter rear cells (PERC).

Strategy

JA Solar Holdings Co. Ltd has been developing low-cost solar power products while increasing its solar power capacity, as key strategy. It also plans new market development to further increase its revenues. It has formed many partnership agreements with global companies to establish a new production facility and to develop high technology solar panels. For instance, it has a memorandum of understanding (MoU) with its Indian partner Essel Infraprojects Limited to establish solar cell and module manufacturing facility as a joint venture in India. This will enhance its product reach and market share in the respective countries that will further strengthen the revenue structure of the company.

JA solar is capitalizing on its strength in solar cell technology and is committed to enhance its modules with unparalleled conversion efficiency, yield efficiency, and reliability to enable maximum returns from their PV projects. Since the beginning of their operations, it has exported solar panels of capacity totaling to 29 GW of solar panels as of 2017. The company also supplies several monocrystalline and multicrystalline solar cells to third-party clients, to strengthen its market.

Company Snapshot

$2,085.4M

Revenue

20,000

Employees

2005

Founded

SWOT Analysis

Strengths

  • Strong solar panel manufacturing capacity
  • Strong research and technology division
  • Diverse product portfolio

Weaknesses

  • Limited global presence
  • Failure to obtain raw materials on time

Opportunities

  • Expansion into new developing markets
  • Becoming a true global player

Threats

  • Fluctuations in government policies for solar energy
  • Relationship of China with other Asian countries which may affect investment funds

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Product Offering

  • JA SOLAR Co., Ltd.
    • PV Modules
    • Efficient Module
    • Double Glass 1500V Module
    • Fast Module
    • Solar Cells – Mono Series
    • Solar Cells – Poly Series
    • Off-Grid

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 rose from USD 2,085.4 Mn in 2015 to USD 3,022 Mn in 2017.
JA SOLAR Co., Ltd. — By Business Segment
Series (USD Mn)201520162017
SBU breakup-02,085.42,266.13,022

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