CHANGZHOU, China, April 6, 2016 /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 40 MW of solar
modules to Tegnatia, one of Turkey's leading Engineering, Procurement and
Construction (EPC) contractors. This partnership will enable Trina
Solar to supply Tegnatia with its innovative solar PV solutions as
both companies expand their presence in the Turkish market, and
represent a key joining of forces between leading players in the
international solar industry and the local PV market.
Under the agreement, Trina Solar will complete the delivery of
its TSM-PD05 (polycrystalline, 60 cells) and TSM-PD14
(polycrystalline, 72 cells) modules by the end of the second
quarter of 2016. The modules will be used in a range of solar
projects in the areas of Mersin, Adana, Konya and Erzurum. As the
world's largest supplier of solar PV modules and the most bankable
PV module manufacturer globally, Trina Solar is ideally placed to
supply the high-quality solutions that Tegnatia requires.
Established in 2013, Tegnatia is a joint venture between
T-Dinamik, a Turkish renewable energy investment firm which has
funded large-scale solar parks in Turkey, Greece and Romania; and Egnatia Group, a Greek
construction company operating in Eastern
Europe and the UK. Tegnatia is committed to offering turnkey
services covering the design, implementation and maintenance of
medium- to large-scale solar parks, with a core aim of bringing
solar power to a wider section of the Turkish population.
Assoc. Prof. Dr. Mustafa Tiris,
General Manager at Tegnatia, commented: "We are delighted to
partner with Trina Solar, a global solar energy leader. We have
ambitious targets to bring the benefits of high-quality solar PV to
a wider range of Turkish companies and consumers, which requires a
strong and reliable partner that can provide the quality of product
and service that these projects demand. In addition, we were
looking for a partner that can provide support locally, as and when
required. Trina Solar represents the ideal fit to help bring these
projects to fruition."
Mr. Rongfang
Yin, Assistant Vice President, Regional Head of the
Module Business Unit (MBU) of Europe and Africa at Trina Solar, added: "Tegnatia is a
major player in the Turkish solar PV market, so we are very pleased
to enter this partnership. It represents an important milestone in
the promising Turkish market and we are looking forward to
supporting and accelerating the much-needed deployment of solar PV
in Turkey, through the provision
of our industry-leading modules which Trina Solar will also
showcase at the forthcoming SOLAREX exhibition in Istanbul. Our focus at Trina Solar is on
providing high-quality PV technologies that our partners can rely
on, and we anticipate great success for our latest venture into the
Turkish market."
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-leading 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.
Trina Solar
Limited
|
Christensen
IR
|
Teresa Tan, CFO
(Changzhou)
|
Linda
Bergkamp
|
Email:
teresa.tan@trinasolar.com
|
Phone: +1 480 614
3014 (US)
|
|
Email:
lbergkamp@ChristensenIR.com
|
Yvonne
Young
|
|
Investor Relations
Director
|
|
Email:
ir@trinasolar.com
|
|
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SOURCE Trina Solar Limited