Exhibit 10.1

                        SOLARFUN POWER HOLDINGS CO., LTD.
                             2006 SHARE OPTION PLAN

1.   TOTAL NUMBER OF OPTIONS ISSUED:

The total number of options (the "Options") issued under the 2006 Share Option
Plan (the "Plan"), once vested, shall be for 10,799,685 Shares.

Basis for calculation:

The total number of Options that may be granted to the employees of the Company
prior to the IPO shall be 179,994,754 x 6% = 10,799,685, representing 6% of the
total number of Shares (179,994,754) following the series A share subscription.

2.   TIME FOR THE IMPLEMENTATION (GRANT) OF OPTIONS:

The Options shall be granted on November 30, 2006. Each option shall be
exercisable into one Share subject to vesting.

3.   PROVISIONS AND TERM FOR EXERCISE OF OPTIONS

     (i)  The Company shall enter into a separate agreement with each of its
          employees who will be granted the Options which generally shall be
          vested in five years in equal portions.

     (ii) The vesting schedule of the Options for professionals specially drawn
          into the Company, independent directors or the Company's advisors may
          be less than five (5) years, where the board of directors deems
          necessary and appropriate.

     (iii) The Options, once vested, may be exercised at any time prior to
          November 29, 2016; provided, however, that any Shares received upon
          the exercise of the Options either prior to or after the IPO of the
          Company may not be sold until twelve (12) months after the IPO of the
          Company. Any Options that have not been exercised by November 30, 2016
          shall become null and void.

4.   EXERCISE PRICE OF OPTIONS

The exercise price of the Options granted under the Plan shall be as determined
by the Board of Directors.

5.   ADJUSTMENT OF EXERCISE PRICE OF OPTIONS

Upon the Company's distribution of shares in lieu of payment of dividend,
distribution of shares out of the increased capital which is converted from the
capital reserve, rights offering or issuance of new shares, the exercise price
may be adjusted according to the following formula on the basis of the exercise
price set at the time of grant:



In the case of Share distribution:

Post-adjustment exercise price = Pre-adjustment Exercise Price/ (1+ number of
shares to be distributed for each Share then held);

In the case of rights offering:

Post-adjustment exercise price = (Pre-adjustment exercise price + per Share
price for the shares to be issued pursuant to the rights offering * number of
shares to be issued for each Share then held)/(1+ number of shares to be issued
for each Share then held);

In the case of issuance of new shares: the exercise price shall be adjusted in
the same way as in the case of rights offering.

6.   MANAGEMENT REGULATIONS ON THE GRANT OF OPTIONS

     (i)  The Company will enter into a Share Option Agreement with its
          employees in which each employee who has been granted the Options
          shall undertake to work for the Company for five (5) years starting
          from the Grant Date, or for such term as is otherwise specified in the
          individual Share Option Agreement. In the event that any employee
          resigns prior to the expiration of such term, the employee shall only
          be entitled to the vested Options, and the Options that have been
          granted to but not yet vested in him/her will be forfeited to the
          Company.

     (ii) In the event that any Option holder stops providing services due to
          his/her resignation, dismissal, retirement, incapacity or death, the
          Options granted hereunder shall be treated as follows:

          A.   Upon the resignation of an Option holder from the Company, any
               Options vested in him/her must be exercised within three (3)
               months of his/her resignation or shall become null and void and
               any Options granted to but not yet vested in him/her shall become
               null and void;

          B.   Upon the dismissal of an Option holder by the Company, the
               Options granted to him/her shall be treated as follows:

               1)   where the Option holder is dismissed because he/she has
                    caused material damage to the Company (including as a result
                    of his/her serious dereliction of duty, willful misconduct,
                    gross negligence or criminal conviction), any Options
                    granted to him/her, shall become null and void;

               2)   where the Option holder is otherwise dismissed by the
                    Company for any other reason, the Options granted to him/her
                    shall be treated in the same way as described in (A) above.


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          C.   Upon the retirement of an Option holder from the Company, any
               Options vested in him/her shall be exercised within three (3)
               months as of his/her retirement and any Options granted to but
               not yet vested in him/her shall become null and void.

          D.   The "incapacity of an Option holder" means that such Option
               holder is incapacitated due to lack of capacity for conduct,
               therefore unable to continue to perform the duties assigned to
               him/her. In such case, the Options granted to such Option holder
               may be held on his/her behalf by his/her guardian shall be
               exercised within three (3) months as of the date of his/her
               becoming incapacitated and any Options granted to but not yet
               vested in him/her shall become null and void.

          E.   Upon the death of an Option holder, the Options granted to
               him/her may be held by the heir designated by him/her her in
               his/her will or a statutory heir of him/her, and any Options
               vested in such Option holder must be exercised within three (3)
               months of his/her death or shall become null and void and any
               Options granted to but not yet vested in him/her shall become
               null and void.

          F.   Notwithstanding the foregoing, if any of the events referred to
               in the Article 6(ii)(A) to 6(ii)(E) occurs, so that the Options
               cannot be exercised within three months due to certain reasons,
               including that additional time for registration or administrative
               procedures might be required, then the Option holder, or his or
               her guardian, or his or her designated heir, as applicable, shall
               submit a written application for extension of such exercise
               period. The three-month period shall be extended upon the
               approval of either the Board of Directors or the Compensation
               Committee.

     (iii) Any employee or director or advisor who has been granted the Options
          or any of his/her successors may not transfer, pledge or set off any
          debt with, any Option granted to him/her (whether or not vested in
          him/her).

     (iv) The Board of Directors will formulate the following additional Option
          related documentation:

          1)   Detailed Implementing Rules of the 2006 Share Option Plan;

          2)   Share Option Agreement;

          3)   Share Option Register;

          4)   Share Option Exercise Application;

          5)   Share Option Exercise Notice.


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7.   FINANCIAL TREATMENT OF THE EXERCISE OF OPTIONS

The funds paid by the Option holders for the exercise thereof shall become part
of the paid-in capital of the Company, and the Shares received as a result of
such exercise shall be included in the total share capital of the Company.

8.   OTHER PROVISIONS INVOLVED IN EXERCISE OF OPTIONS

     (i)  Taxation

          An Option holder shall, in accordance with applicable laws and
          regulations, at his/her own expense, pay any tax imposed on the income
          received by him/her as a result of his/her exercise and realization of
          any Options.

     (ii) An Option holder shall, in accordance with the regulations of SAFE and
          other relevant governmental authorities, perform his/her obligations
          with respect to the income received by him/her as a result of his/her
          exercise and realization of any Options, and shall solely assume the
          liabilities caused by his/her failure to perform any such obligations.

     (iii) The Company shall engage a securities broker to assist the Option
          holders with the matters relating to Share/ADS sales and purchase,
          individual income tax withholding and foreign exchange related issues.

10.  RESTRICTIONS ON RIGHTS ATTACHED TO OPTIONS

An Option holder shall not have the rights as a shareholder of the Company.
He/she shall not obtain the rights as a holder of Shares of the Company until
after he/she has exercised any Options granted to him/her, including the right
to receive dividends, the right to receive distributed Shares, the right to vote
and the right to participate in corporate governance enjoyed by holders of
Shares.

11.  ACQUISITION, MERGER OR SHARE SPLIT

In case of a split or combination of the original shares of the Company, the
Options granted to each employee, whether exercised or not, shall be split or
combined at the same ratio.

12.  MISCELLANEOUS

     (i)  The term "Shares" used herein shall mean the ordinary shares of
          Solarfun Power Holdings Co., Ltd., a company incorporated in Cayman
          Islands.

     (ii) The term "Exercise Price" used herein shall mean the per Share price
          at which an Option holder entitled to purchase the Shares of the
          Company under the Options vested in him/her, as adjusted pursuant to
          Section 5 herein.


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     (iii) The term "Grant Date" used herein shall mean the date on which the
          relevant Option holder is granted the relevant Options by the Company.

     (iv) The term "Exercise Date" used herein shall mean the date on which the
          relevant Option holder may purchase the Shares of the Company at the
          price set forth in the Options granted to him/her.

     (v)  Any doubt about the Options under this Plan shall be subject to the
          interpretation by the Board of Directors or the Compensation Committee
          thereunder

     (vi) If a Grant Date or vesting date falls on a public holiday, the grant
          or vesting shall be postponed to the first business day immediately
          after such public holiday.


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