CHANGZHOU, China, Sept. 10, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has agreed to supply 70MW high efficiency modules to a large-scale solar power project in Chile.
Under the terms of the agreement, Trina Solar will deliver TSM-PC14 solar modules that have an output of between 300W and 310W per panel. Shipment of the modules will commence in September 2014.
"We are pleased to have secured Trina Solar's second agreement this year to supply modules to large utility scale projects in Chile. We pride ourselves on our ability to establish long-term relationships with our customers, especially in emerging markets such as Chile, where there is currently large demand and we see significant future potential for solar energy," said Mr. Zhiguo Zhu, President of Module Business Unit at Trina Solar. "We are delighted with the demand we're seeing for our high efficiency modules in South America and we expect this to continue to grow. The stable performance these modules provide in environments with high variations in temperature are very suitable for the region's solar projects. We look forward to continuing to build long-term strategic relationships with our many valued customers as we grow our business in the rapidly expanding South American market, allowing us to further advance the realization of our diversified global strategy."
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL) is a global leader in photovoltaic modules, solutions and services. Founded in 1997 as a PV system integrator, Trina Solar today drives smart energy together with installers, distributors, utilities and developers worldwide. The company's industry-shaping position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.trinasolar.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance its activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the Company; the Company's ability to operate as a public company; the period of time for which the Company's current liquidity will enable the Company to fund its operations; general economic and business conditions; demand in various markets for solar products; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For further information, please contact:
Trina Solar Limited
Teresa Tan, CFO
Phone: + (86) 10-5960-8600 (Beijing)
Phone: + (86) 519-8517-6878 (Changzhou)
SOURCE Trina Solar Limited