The ground-breaking ceremony for JA Solar (Hefei) New Energy Corporation Ltd. was held in Hefei, capital of Anhui Province April.11, which will become a new state-of-the-art photovoltaic (PV) production facility for solar cells and PV products, with production capacity of 3GW.
Sun Jinlong, Standing Member of Anhui Provincial Party Committee and Secretary of Hefei Municipal Party Committee, attended the ceremony.
Headquartered in Shanghai, JA Solar Co.was founded in 2005, mainly engaging in fields of producing solar cells, designing, developing, and sales of solar power products. JA Solar topped all solar cell producers in 2010 with sales revenue of 12 billion yuan($1,833,600,000) and manufacturing capacity of 2 GW.
The establishment PV production facility costs 13.5 billion yuan($2,062,800,000) in total with first phase investment of 4.5 billion yuan($687,600,000), which is expected to achieve annual production value of about 30 billion yuan($ 4,584,000,000) ,tax revenue of about 600 million yuan($91,620,000), and provide job posts of over 15,000, after it's completed.
Hefei is being developed into an industrial base for many world renowned PV manufacturer, such as LDK and 3M. It plans to step up its efforts into fostering a batch of advanced PV enterprises, with 3 to 5 enterprises of over 10 billion yuan output value, 20 to 30 of over 100 million yuan by the year of 2015.