JA Solar (JASO) has signed another supply agreement with Solar-Fabrik AG of Germany.  JASO will supply more than 110MW of solar products throughout this year.

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"Since 2008, JA Solar and Solar-Fabrik AG have enjoyed a productive and rewarding partnership, and we are very pleased to expand on this alliance in 2011," commented Dr. Peng Fang, CEO of JA Solar. "The success of this relationship demonstrates JA Solar’s commitment to supporting our customers’ growth strategies and enabling them to increase market share in their key geographic end markets. We look forward to building more long-term strategic alliances with the leading solar companies worldwide as we further expand our footprint in the global PV market."

Shares of JASO are up fractionally today and continue to hold above key support of the 200 day moving average just below the $7 level.