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February 12, 2009
Shanghai,
China: JA Solar Updates 2009 Outlook
Chinese
solar cell manufacturer, JA Solar has announced its updated revenue
and shipment guidance for the year ending December 31, 2009.
The
company said that worldwide macro economic conditions, tight credit
markets and resulting issues with project financing are negatively
impacting the solar industry, causing JA Solar to lower its expectations
for business in 2009.
The
company currently expects 2009 revenue to be in the range of RMB
5,668 million or $830 million, to RMB 6,500 million or $952 million.
JA
Solar's target for total production output is now 500 MW to 550
MW. The
nameplate production capacity by year-end 2009 is now expected
to be 875 MW.
Further details about: JA Solar
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