JA Solar Raises 2009 Guidance
JA Solar announced that it expects fourth quarter 2009 shipments to exceed the high end of its guidance given Nov. 10. The company is raising its guidance for the full year 2009, and issuing shipment guidance for the full year 2010.
Staff -- PV Society, 12/14/2009
JA Solar Holdings Co. Ltd. (Shanghai, China), which manufactures high-performance solar products, announced that based on current orders and product deliveries, it expects fourth-quarter 2009 shipments to exceed the high end of its guidance given in November.
Based on strong customer demand for JA Solar's products, the company currently expects shipments for the fourth quarter of 2009 to exceed 210 MW. For the full year 2009, the company expects shipments to exceed 488 MW — prior guidance was in the range of 448-478 MW.
"Demand has continued to be strong from our existing customers as well as new customers," said Baofang Jin, chairman and CEO of JA Solar. "While we anticipate Q4 2009 to be even stronger than Q3 2009 in terms of shipments, we also expect strong shipments for the full year 2010 based on robust orders from existing customers and new customer wins."
For 2010, the company expects shipments to be in the range of 750-800 MW. "We continue to make progress in our global customer development, and are seeing strong demand for our high-quality solar products from all major markets, including Germany, China, U.S., Italy, South Korea, Spain and France," Jin said. "We also expect strong growth from our newer markets, such as the Czech Republic and Japan."
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