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JA Solar’s Cypress cell reaches new high in average conversion efficiency

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  JA Solar's Cypress cells reach new average efficiencies.

Financials

• JASONASDAQ0.837
  -0.021 (-2.47%)4:00PM EDT

JA Solar Holdings publicized that its monocrystalline and multicrystalline Cypress solar cells have reached a new high in their average conversion efficiency. The monocrystalline Cypress solar cell reached an average 19.1% efficiency, while the multicrystalline Cypress cell reached 17.4%. The industry average is said to be 18.8% and 17% for monocrystalline and multicrystalline solar cells, respectively.
The company noted in its Cypress series, its 6” full square monocrystalline solar modules and 6” standard monocrystalline modules now produce a power output of 280W and 270W, respectively. Additionally, its 6” multicrystalline solar modules produce a power output of 260W.
JA Solar pointed out that it has shipped over 300MW of its Cypress cells, including over 100MW to external customers. "We are delighted to have made yet another breakthrough with our Cypress series, as we continue to find innovative ways to service the market demand for high-quality, high-efficiency solar products," said Dr. Peng Fang, CEO of JA Solar. "By offering higher conversion efficiency without increasing the cost of cells, the Cypress cells further help to reduce the cost of modules on a per watt basis by ensuring a high power output. Customers are responding very well to this compelling value proposition, and we're confident that our continued focus on pushing technological boundaries will drive continued growth."
http://www.pv-tech.org/news/ja_solars_cy…sion_efficiency

These guys already operating in the sweet spot area..cells. The only concern right now...is ...under utilization.
Hopefully the Cypress tech...keeps them busy selling modules and increase their market share.

If it weren't for the under utilization now JASO would be one of the best solar 11 buys.

Explo, JA's cell capacity is stone around their neck right now. Their technology well advanced by markets are narrowing for them. ReneSola looks like a visionary with not having cell capacity. They can buy cells from anyone but Mainland and build their modules. I think ReneSola can think of expansion outside of China.

Yes...Also Renesola can build the latest and the greatest cell lines..if they want to. Cell automation has been advanced quite a bit..with all those laser spot welding etc.

Yes, I think utilization is a key to avoid balance sheet deterioration. Especially for upstream businesses. Look how LDK's balance sheet is doing compared to SOL's. Utilization of course only means something if you quickly can turn the inventory at non-dumping prices. SOL sells wafers at full capacity and premium prices. No one else is in this position now. I think they are kind of passing a tough test here. Not only is their world (PV industry) on fire, Goliat (GCL) also challenged them during this time, and surprisingly SOL is standing most steadfast.