JA Solar Announces Supply Agreements With BP Solar For More Than 185 MW

JA Solar Announces Supply Agreements With BP Solar For More Than 185 MW

GlobeNewswire

10/06/10 - 08:00 AM EDT

SHANGHAI, China, Oct. 6, 2010 (GLOBE NEWSWIRE) -- JA Solar Holdings Co. Ltd. (Nasdaq:JASO), one of the world's largest manufacturers of high-performance solar cells and solar power products, today announced that it had signed strategic supply agreements with BP Solar to provide a total of more than 185 MWs of mono-crystalline and multi-crystalline solar cells in 2010 and through 2011.

Under the terms of the agreements, JA Solar will supply BP Solar with more than 100 MW in 2011, beginning in the first quarter. In a separate agreement, which began earlier this year, JA committed to provide more than 85 MW, a significant portion of which has already been delivered, with the remainder continuing through the fourth quarter of 2010.

"We have been working with BP Solar, which has its headquarters in San Francisco, since 2008 and we are very pleased to extend our relationship, as they are one of the world's largest integrated solar energy companies," said Dr. Peng Fang, CEO of JA Solar. "With our leading cost structure, JA Solar provides BP Solar a cost advantage in the residential, commercial and utility markets. This agreement provides JA with firm orders through next year," he said.

"We are very pleased to continue our partnership with JA Solar," said Mike Petrucci, CEO of BP Solar. "A solid supply of high-quality solar cells is critical in meeting our growing demand for BP Solar's proven product line, delivering the highest lifetime value," he said.

Itron (ITRI/OW) - JPMorgan

The Smart Grid – Unlocked - Itron (ITRI/OW) received a smart water metering contract from the Cleveland Division of Water. ITRI will deploy 425k of its ChoiceConnect 100W water modules, network infrastructure and accompanying software, over a three-year period. The contract is ITRI’s largest water meter automation project in N.America. Landis+Gyr (private) will deploy its Gridstream AMI solution to CoServ Electric’s 150k electric customers. CoServ is an electric coop located in Corinth, TX. Deployment will begin in March 2011 with a targeted completion of 2013. EnerNOC (ENOC/OW) announced that the Turman Group will implement ENOC’s CarbonSMART solution. Turman Group, a wood product manufacturer, will implement the solution throughout its ten-location network. GE (GE/rated OW by JPM multi-industry and electrical equipment analyst Stephen Tusa) introduced the residential GE WattStation electric vehicle charger. The WattStation charges electric vehicles in 4-8 hours and is equipped with technology that allows utilities to manage the impact of EVs on local and regional grids. Coster https://mm.jpmorgan.com/PubServlet?action=open&doc=GPS-482257-0.pdf

UBS report on the Future of the Grid - Winners & Losers

Click HERE to get the report out of DROPBOX

Novozymes Breakfast Notes--CdeR

Notes from Chris' Novozymes breakfast last week

ITRI Jefferies Report

Jefferies: We continue to view ITRI as a core holding in the smart metering (AMI) space, with the largest number of integrated AMI meters under contract.  With leading share of the North AMerican metering market, ITRI remains a proven vendor and 800 lb gorilla in an increasingly competitive environment.  Recent competitor announcement does not affect ITRI's near term fundamentals or LT market positioning and we remain buyers, particularly on current share weakness.  We would reassess this opportunity should pronounced share loss become evident.  ITRI repotts Wednesday, July 28.  We are ahead of consensus for 2Q10.

LIFE

PRESS RELEASE: Life Technologies Releases Global Citizenship Report with Product Sustainability Information (DJ)

Products Now Incorporate Design-for-Environment Principles to Reduce Impact

CARLSBAD, Calif.--(BUSINESS WIRE)--July 07, 2010-- Life Technologies Corporation (NASDAQ:LIFE), a provider of innovative life science solutions, has released its 2009 Global Citizenship Report, highlighting Life Technologies' organization-wide initiatives to be a leading corporate citizen and balance environmental and social issues with its overall mission to shape biological discovery and ultimately improve life.

Featuring product-level information about the company's redesigned and environmentally sensitive development, manufacturing and distribution processes, the report also highlights Life Technologies' efforts to be on the cutting edge of conservation while remaining a global leader in corporate social responsibility.

"We believe that for our business to revolutionize science, we must balance that with a commitment to leadership in environmental and social issues," said Cristina Amorim, Vice President of Global Citizenship at Life Technologies. "We continue to pursue new ways to help our customers and our company conserve resources, showing how global citizenship and responsibility can drive operational efficiency."

This report highlights the company's Product Stewardship program and Design-for-Environment principles that have helped drive major changes throughout a product's life cycle. Life Technologies recently launched its Re:sponsibility Program, which provides customers with detailed information to help them identify and choose products that can help reduce their environmental impact. These product development initiatives include:
-- Revisited shipping conditions and new, more sustainable packaging for certain consumables-- Based upon extensive research into product stability, quality and performance, Taqman(R) Genomic Assays now ship at ambient temperatures rather than frozen, eliminating more than 100,000 Styrofoam(R) coolers and approximately 500,000 pounds of dry ice per year (White Paper PDF).

-- Reduced use of hazardous material-- Many instruments and consumables have been designed to use less hazardous material and generate less waste than comparative products during their usage life.

-- Reengineered instruments for energy and space consumption-- Many systems
have been designed to be more energy and space efficient and use less raw materials than their predecessors, including several new Real-Time PCR Systems that have been designed to be over 50 percent more energy efficient than their predecessors.

Life Technologies' 2009 Global Citizenship Report (PDF) also includes broader information on all of the company's corporate environmental and social responsibility initiatives. This is Life Technologies' first citizenship report to be prepared within the Global Reporting Initiative Generation 3 framework, with expanded transparency into the company's goals and progress in science, ethics, people, environment and community.

The report includes information on:
-- Company-wide facility conservation initiatives that resulted in substantial 2009 reductions, including a six percent reduction in energy use, a five percent reduction in greenhouse gas emissions and a 19 percent reduction in water intake, saving the company more than $4 million.

-- Continued pursuit of LEED (Leadership in Energy and Environment Design)certification at the Carlsbad headquarters, which is set to save 20 million gallons of water this year through a program with the San Diego County Water Authority. The Pleasanton and Shanghai Demonstration Lab facilities are already LEED certified.

-- Retrofitting building and product refrigeration systems with high-efficiency motors for energy conservation and reengineering facilities to recycle water.

-- New employee programs in safety, health and wellness emphasizing better lifestyle choices and exercise that have helped reduced sick time among employees by 14 percent this year.

-- A new Giving Back at Life program aimed at facilitating community service participation in Life Technologies' workforce, with employees on track to donate more than 25,000 volunteer hours this year.

-- More than $300 million invested annually in research and development that addresses some of the most pressing issues of the 21st Century, such as scarcity of resources, water and food security, disease and biodiversity loss, areas where biotechnology can help make life even better.