(EnergyAsia, January 13, Tuesday) — US-based Solar Power Inc (SPI) said it has signed a one-year agreement to purchase up to 60 megawatts of its six-inch polycrystalline photovoltaic (PV) cells from China’s JA Solar Holding Co Ltd.
The cells will be used for the ongoing production of SPI’s solar modules and to meet growing demand for the company’s products in Europe, Asia, and for turnkey systems in the US. Supply to SPI begins immediately.
Based in Hebei province, JA Solar is one of the world’s top producers of high-performance solar cells.
The agreement provides SPI with immediate supply of high-quality cells to meet anticipated production requirements of the company’s family of solar modules during 2009.
“We are excited about our agreement with JA Solar. Their products are known for quality and performance and we are very fortunate to be able to integrate them into our own,” said Steve Kircher, CEO Solar Power Inc.
“This is a true strategic relationship with strong mutual benefit. It will allow us to leverage our vertical integration business model through a significant amount of supply and we will be able to offer competitive pricing that we believe is unprecedented.”
“It also provides our SPI commercial operations and our growing Yes! Solar SolutionsTM franchise network with strong advantages in cost of installation and will have a significant positive effect on our competitive position relative to international sales.”
Samuel Yang, CEO of JA Solar Holding Co Ltd, said: “We are happy to be providing Solar Power, Inc. with cells for their high-quality PV modules. This agreement represents a strategic alliance between our company and one of the leading solar solution providers in the world today. Through SPI we will be able to expand sales of our cells and gain deeper penetration into the US market.”
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. With a state of the art manufacturing facility in Shenzhen, China, the company provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.
JA Solar Holdings sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.