JA Solar (
) is up 4.5%, but not by as much as the 8% gained in pre-market
trading after it said it entered into an agreement with Solarhybrid
AG, a Germany-based project developer and general contractor for
utility-scale solar power projects, to supply 19 MW of solar
modules to Solarhybrid's Allstedt I solar power plant in Halle,
Germany. JA Solar is the exclusive solar module supplier to the
Under the terms of the agreement, JA Solar will supply
Solarhybrid with approximately 19 MW of high-efficiency PV modules.
Located on a former military airfield in Germany, the Allstedt I
solar power plant is expected to generate 19,030,000 kWh of
electricity annually and reduce CO2 emissions by 266,381 tons over
a service period of 20 years. The power plant is scheduled to be
connected to the grid and commence operation by the end of this
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