PVTIME – On October 27, JA solar discloses that it intends to upgrade its integrated production projects through expanding its module projects in Xingtai City and Hefei City respectively, with a total investment of 1.565 billion yuan, which accounts for 9.49% of the audited net assets of the latest period.
This particular investment is an important part for its vertically integrated industrial layout plan, and is in line with its further development strategy. It is expected to keep JA Solar’s position as a PV solar leader with strong profitability and high-quality high-efficiency products which meet the needs of overseas customers.
