CHANGZHOU, China, July 16, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has signed an agreement to supply 51 MW of its Dual Glass Modules to Yunnan Electric Power Design Institute, a subsidiary of China Energy Engineering Group Co., Ltd., and the EPC provider for the agricultural PV power plant project located in Xishuangbanna, Yunnan province in China. The plant will be used to power equipment in tea plantations, and will be the first of its kind within China.
The agricultural PV project has the capacity of 100 MW totally. Phase 1 of the project will be 51 MW and will utilize Trina Solar's dual glass modules, including approximately 43,516 of Trina Solar's TSM-255 modules and 154,284 of the Company's TSM-260 modules. These dual glass frameless modules are extremely durable, made with front and back layers of heat-strengthened glass, providing strong protection against environmental factors such as heavy humidity and pesticide use, while maintaining a high rate of sunlight transmission and efficiency. They excel in greenhouse environments, where properly maintaining temperature is crucial to the success of crop growth. The shipments are expected to complete in Q3 2015.
Jichun Zhang, Deputy General Manager of Yunnan Electric Power Design Institute commented: "We are very pleased to cooperate with Trina Solar, an industry leader with a vision to build a greener world, for apioneer project in China to put solar power to work on the tea plantations. I believe with Trina Solar's leading technology and highly reliable products, the tea plantations can be more efficient with increasing self-reliance and less pollution."
Zhiguo Zhu, COO and President of Module Business Unit of Trina Solar, commented: "We are very glad to partner with Yunnan Electric Power Design Institute to develop this pioneer project in Yunnan province. We are pleased with the opportunity to once again conduct a new innovative deployment of PV modules and I believe our commitment to high quality products and continuous technology advancement has made us partner of choice for this project. Our dual glass modules have been very well-received by the market since its launch, and I am confident that it will provide the durability, reliability, and efficiency that is required for this project to succeed."
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.
About Yunnan Electric Power Design Institute
Yunnan Electric Power Design Institute established in 1958 and is the wholly-owned subsidiary of China Energy Engineering Group Co., Ltd. The institute engages in the electric power engineering reconnaissance, design and contracting. Its engineering reconnaissance business has expanded to South East Asia, Africa, South America and other countries. For more information, please visit: www.ynpd.ceec.net.cn
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.
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SOURCE Trina Solar Limited
Trina Solar to Supply 51 MW of Dual Glass Modules to Tea Plantation PV Power Project in Yunnan