JA Solar Holdings Co., Ltd. (Nasdaq: JASO) ("JA Solar"), one of the world's largest manufacturers of high-performance solar power products, today announced that it has signed a Memorandum of Understanding (the "MOU") with its Indian business partner, Essel Infraprojects Limited ("EIL"), to establish a solar cell and module manufacturing facility joint venture ("JV"). The MOU declares a 500MW production capacity for the JV and outlines the duties of each party.