Tuesday, December 1, 2009

Trina Solar announces China market sales updates

CHANGZHOU, CHINA: Trina Solar Ltd, a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today the recent progress of its PV module sales in the Chinese domestic PV market.

In the current fourth quarter of 2009, Trina Solar entered into a new sales agreement to supply approximately 8 MW of PV modules products at predetermined prices to the Chinese domestic market. Shipments commenced in November and are scheduled to continue through to the end of December 2009.

The Company also recently received government approval for a project of approximately 2 MW under the Golden Sun program, which aims to install approximately 20 MW of solar power capacity in every province.

The Company continues to monitor opportunities to participate in utility-scale domestic projects, and believes its strong brand recognition, leading cost platform and system integration experience will allow it to capture a growing share of China's PV market.

"We look forward to playing an increasingly active role in China's expanding solar market," said Jifan Gao, Trina Solar's Chairman and CEO. "Trina has a strong background in system integration, a capability that is backed by solid experience. We are committed to promoting the adoption of clean, reliable solar power in the domestic market and helping China to achieve its 2020 renewable energy targets."

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