Trina Solar Signs Sales Agreement with Kerself S.p.A
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, announced today that it has
entered into a sales agreement with Kerself S.p.A (“Kerself Group”),
leading player in photovoltaic solar plant engineering, development,
production, installation and distribution.
Under the terms of the agreement,
with approximately 73 MW of PV modules, with shipment deliveries of 23 MW
expected in the fourth quarter of 2009 and 25 MW expected in each of the first
and second quarters of 2010.
“We are excited to announce this new sales agreement with Kerself Group to
further strengthen
stated Mr.
Solar
for us in aligning ourselves with a proven multiregional energy developer with
growing opportunities in established and emerging photovoltaic markets.”
“As Kerself Group seeks to position itself as a primary photovoltaic group
within and outside the EU, we are excited to partner with a well recognized
brand like
to our customers across
Chairman and Chief Executive Officer Pier Angelo Masselli.
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL) 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.
few PV manufacturers that has developed a vertically integrated business model
from the production of monocrystalline and multicrystalline silicon ingots,
wafers and cells to the assembly of high quality modules.
growing variety of end-user applications worldwide. For further information,
please visit
About Kerself S.p.A
Kerself S.p.A. (KRS IM), a company listed on Borsa Italiana’s electronic
equities market (MTA), is a leading player in photovoltaic solar plant
engineering, development, production, installation and distribution in
and
Alternative (DEA), Ecoware, Helios Technology, Nuova Thermosolar, SAEM, IRCEM
Industriale Srl and JET S.p.A. The Group recently established a new company in
local players in the sector. Today Kerself Group exports in
For more information, please visit the company's site at www.kerself.eu.
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 Company 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 further information, please contact:
Trina Solar Limited Brunswick Group
Terry Wang, CFO Caroline Jinqing Cai
Phone: + (86) 519-8548-2009 Phone: + (86) 10-6566-2256
(Changzhou)
Thomas Young, Director of Michael Fuchs
Investor Relations Phone: + (86) 10-6566-2256
Phone: + (86) 519-8548-2009 Email: trina@brunswickgroup.com
(Changzhou)
Email: ir@trinasolar.com
SOURCE Trina Solar Limited
