JA Solar, one of Asia’s most prominent producers of solar technology, is to supply mono-PERC modules to a 257-MW project in Phu Yen Province in Vietnam being built by China’s Shanxi Electric Power Engineering Corp. (SEPEC).
The project is a strategic move by Chinese companies to shift its focus on solar growth in Southwest Asia to counter a drop off in PV and other renewables investment at home.
“JA Solar is takes a leading position in the R&D and production of high performance PV products. We are confident that JA’s high efficiency modules and well-established global sales network will enable project success,” said SEPEC president Jiping Chen
Whilst Japan, China, and India are seeing a significant drop off in solar investment, developing economies such as Vietnam have of late become a target for investors.
China, whose Belt and Road Initiative aims to “ to enhance regional connectivity and embrace a brighter future,” is making particular inroads in Vietnam’s southernmost provinces around Ho Chi Minh City.
This was a point not lost on JA Solar CEO Baofeng Jin. “The co-operation between the two companies demonstrated SEPEC’s recognition of JA’s products and services. We look forward to co-operating on more projects in the future, further developing the solar market within the Belt and Road countries,” he said.