Green Bond Fact Sheet

Issuer Name JA Solar Japan Co Ltd

Date: 20-Feb-2019

Issue date: 13-Feb-2019 Maturity date: 02-Apr-2040 Tenor: 21Issuer Name

JA Solar Japan

Amount Issued

JPY 5.3bn (USD48m)

Country of riskJapan

CBI Database

Included

Issuer Type1

Non-financial
corporate

Bond Type

Project bondGreen Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

Green 1 (JCR)☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The entire amount of the proceeds will be allocated in a lump sum to the funds for theconstruction of the facility through the loans to Project GK. Therefore, reporting on the useof funds is not anticipated during the term of the bond. However, JA Solar plans to regularly
disclose the amount of CO2 reductions calculated based on the theoretical value of power
generation and the prescribed calculation method. Some impacts are given via the green
rating document
JA Solar Japan Co., Ltd. ("the Company") is a solar module sales company established in July
2012. The Company is a wholly-owned subsidiary of JingAo Solar Co., Ltd., a Chinese solar
module manufacturer established in 2005 (hereinafter, "JA Solar Group", including JingAoSolar Co., Ltd. and JA Solar Japan, Inc). In 2017, JA Solar Group shipped 7.6 GW of solar
modules, and it operates globally, primarily in China, Japan, and the United States. It
shipped a cumulative 3.3 GW of modules to Japan by the end of June 2018. In addition toselling solar modules, JA Solar Japan Co., Ltd. also develops and operates solar power
generation facilities in Japan.

Firsts, records andcertifications
Proceeds description
Climate Bonds view

Proceeds will be used for new investments related to the construction of a solar power
generation facility in Fukushima.
As of the end of 2018, Japan’s green bond market reached a cumulative total of USD9.65bn
with 2018’s issuance volume representing 22% growth year-on-year. This long tenor bondis one of the first out of Japan in 2019.
Look out for a trio of Climate Bonds Japan reports and briefings launching in Tokyo later
this week.

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign