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Trina Solar's Key Suppliers Sign Investment Agreements With Changzhou National High Tech District

Posted on: Tuesday, 22 April 2008, 09:01 CDT

CHANGZHOU, China, April 22 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; ''Trina Solar'' or the ''Company''), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that five of its key suppliers have signed investment agreements to establish production facilities in the Changzhou Trina Photovoltaic Industrial Park. With the help of Trina Solar, these suppliers signed agreements today with the Changzhou National High Tech District in conjunction with Trina Solar's 10th Anniversary celebration. "We welcome these suppliers to Changzhou and are very happy to assist Trina Solar in reaching its aggressive expansion goals," said Vincent Dai, Vice-Director of the Administrative Committee.

The suppliers, which include Guangzhou ChienSong Grind Material Co., Ltd., Hubei Feilihua Quartz Glass Co., Ltd., Suzhou Good-Ark Electronics Co., Ltd., and a European manufacturer of PV glass, produce products such as reclaimed slurry, crucibles, junction boxes, and low iron glass used in the production of solar PV modules. These companies are targeting total investments of over $275 million in Changzhou. "We are very excited by the advancement of the Changzhou Trina Photovoltaic Industrial Park and the opportunity to form strong partnerships with each of these key suppliers," said Jifan Gao, Trina Solar's Chairman and CEO.

The five suppliers plan to build production facilities in Changzhou and enter into long-term supply agreements with Trina Solar. Their presence in the Changzhou Trina Photovoltaic Industrial Park will help to advance Trina Solar's goal of ensuring a steady supply of its key supply chain components, while providing the company with lower material costs, among other logistical advantages.

About Trina Solar Limited

Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. For further information, please visit Trina Solar's website at http://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 the Company's activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; 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 companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to 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, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

For more information, please contact: Trina Solar Limited Mr. Sean Shao, CFO Phone: +86-519-8548-2008 (Changzhou) Mr. Thomas Young, Director of Investor Relations Phone: +86-519-8548-2008 (Changzhou) Email: ir@trinasolar.com CCG Elite Investor Relations Mr. Crocker Coulson, President Phone: +1-646-213-1915 Email: crocker.coulson@ccgir.com Ed Job, CFA Phone: +1-646-213-1914 Email: ed.job@ccgir.com

Trina Solar Limited

CONTACT: Trina Solar Limited, Mr. Sean Shao, CFO, +86-519-8548-2008(Changzhou), or Mr. Thomas Young, Director of Investor Relations, +86-519-8548-2008 (Changzhou), ir@trinasolar.com; or CCG Elite Investor Relations forTrina Solar Limited, Mr. Crocker Coulson, President, +1-646-213-1915, orcrocker.coulson@ccgir.com, or Ed Job, CFA, +1-646-213-1914, ored.job@ccgir.com

Web Site: http://www.trinasolar.com/

Source: PRNewswire

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