Belt and Road Initiative to Usher in New Era for Photovoltaic Industry
SHANGHAI, April 28, 2015 / PRNewswire — The Chinese government’s Belt and Road Initiative aims to promote the construction of international trade and infrastructure projects to bring growth opportunities and economic benefits throughout Asia, Europe and other neighboring countries involved. As an important part of the Initiative, the construction of several large-scale PV energy projects in Pakistan is under way.
On April 4th, the first 100MW solar farm in Pakistan was put into operation. The largest of its kind in Pakistan, the solar farm was built by the Chinese company TBEA using modules supplied by JA Solar (NASDAQ:JASO). By providing over 500,000 kWh of clean energy to the nearby province of Punjab, the solar farm provides relief for a region that has historically possessed an energy deficit.
JA Solar supplied its modules under the supervision of PV Lab Germany GmbH, an authoritative third-party accredited laboratory which sets strict standards for raw material selection, manufacturing processes and quality inspection. JA Solar modules proved its high reliability, high conversion efficiency and high power output by passing strict testing and shipping its product on schedule.
Mr. Jian Xie, President of JA Solar, commented, “We are proud to have completed the 100MW shipment of modules to the first major solar farm in Pakistan. Being the module supplier for a flagship project of such significance to the Belt and Road Initiative is a testament to the high global recognition of JA products, and a newly achieved milestone in our global market expansion efforts. We are confident that with the promotion of the Belt and Road Initiative, JA will seize more opportunities by utilizing our high-performance PV modules and adding significant value to our customers by greatly reducing per watt electricity costs.