JA Solar Holdings Provides Q4 Shipment Outlook - Quick Facts

(RTTNews) - While reporting its financial results for the third quarter today, Chinese photovoltaic company JA Solar Holdings Co. Ltd. (JASO) said its total shipments for the quarter surged 43.5 percent from last year to 1,126.8 MW.

For the fourth quarter of 2015, the company expects total cell and module shipments in a range of 1.1 GW to 1.2 GW. Due to strong customer demand, the company now expects to ship less than 100 MW of modules to its downstream projects in 2015.

To meet growing demand for the company's products, JA Solar plans to further expand its manufacturing capacity and expects an annual production capacity of 1.5 GW for wafers, 5.0 GW for cells, and 5.0 GW for modules by mid 2016.