01.10.09

Trina Solar Limited: Long-Term Supply Agreement – Sales Agreement

Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der ECOreporter.de-Redaktion bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.

Trina Solar Announces Extension of Long-Term Supply Agreement with GCL-Poly

CHANGZHOU, China, Sept 30, 2009 / Trina Solar Limited ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced that it has extended its eight year long-term supply agreement with Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd, a subsidiary of GCL-Poly Energy Holdings Limited ("GCL-Poly") (SEHK: 3800) by another five years. Initial delivery of polysilicon to Trina Solar started in April 2008.

Under the adjusted terms of this agreement, the total consideration will remain unchanged from the combined total of the original and supplemental agreements signed in 2008, whereas additional polysilicon and wafer deliveries will be provided starting in 2016 for a five year period at pre-determined shipment volumes and prices. The agreement also contains a price adjustment clause that offers a market-linked price formula. GCL-Poly will supply the Company with high-quality polysilicon and wafers sufficient to produce approximately 8,500 MW of solar modules over 13 years. Wafer deliveries to commence in 2010 are expected to support production above the Company's in-house integrated manufacturing capabilities to address growing customer demand.

"We are very pleased to strengthen our long-term relationship with GCL-Poly by further extending the tenure of the agreement," said Jifan Gao, Trina Solar's Chairman and CEO. "This extension will provide a stable source of high-quality materials as well as support our cost reduction initiatives to solidify our position as a high-quality global integrated PV manufacturer."

"We are pleased to extend our business relationship with Trina Solar whom we value as a strategic long-term customer," said Mr. Zhu Gong Shan, Executive Director, Chairman and CEO of GCL-Poly. "We look forward to continue delivering high-quality polysilicon and wafers on schedule through 2020."

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. Trina Solar is one of the few PV manufacturers that have 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. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com .

About GCL-Poly Energy Holdings Limited

GCL-Poly Energy Holdings Limited (SEHK: 3800) is a world leading polysilicon manufacturer for the solar industry and a leading integrated green energy enterprise in China. Production capacity of GCL Solar, a subsidiary of the Group, is expected to reach 18,000 metric tonnes of polysilicon by the end of 2009, and 1 GW of solar wafers by mid 2010. In addition, the Group operates a total of 18 cogeneration power plants, 1 incineration power plant and 1 windpower plant. Most of these plants are located in Jiangsu and Zhejiang provinces with strong economic growth and robust demand for electricity and steam. All these plants are advocated and encouraged by Chinese government.

For more information about GCL-Poly, please visit the company's website at http://www.gcl-poly.com.hk .


    For further information, please contact:

    Trina Solar Limited
     Terry Wang, CFO
     Phone: +86-519-8548-2009 (Changzhou)
     Thomas Young, Director of Investor Relations
     Phone: +86-519-8548-2009 (Changzhou)
     Email: ir@trinasolar.com

    Brunswick Group
     Caroline Jinqing Cai
     Phone: +86-10-6566-2256
     Michael Fuchs
     Phone: +86-10-6566-2256
     Email: trina@brunswickgroup.com


SOURCE Trina Solar Limited



Trina Solar Signs Sales Agreement with Kerself S.p.A

CHANGZHOU, China, Sept. 30 / Trina Solar Limited ("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"), Italy's leading player in photovoltaic solar plant engineering, development, production, installation and distribution.

Under the terms of the agreement, Trina Solar will supply Kerself Group 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 Trina Solar's presence in Italy and throughout Europe," stated Mr. Arturo Herrero, Vice-President of Special Key Accounts of Trina Solar. "Our strategic partnership with Kerself Group is a significant success 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 Trina Solar to bring their high quality modules and premium service to our customers across Italy and throughout Europe," commented Kerself 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. Trina Solar is one of the 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. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com.

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 Italy and Europe. The Kerself Group Companies includes Distribuzione Energie Alternative (DEA), Ecoware, Helios Technology, Nuova Thermosolar, SAEM, IRCEM Industriale Srl and JET S.p.A. The Group recently established a new company in Turkey to build photovoltaic plants and a joint venture in Israel with key local players in the sector. Today Kerself Group exports in Europe (Greece, Germany, France, Spain and Portugal), the Middle East and the Far East.

    For more information, please visit the company's site at www.kerself.eu.


    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

Terry Wang, CFO, + (86) 519-8548-2009, Thomas Young, Director of Investor Relations, + (86) 519-8548-2009, both of Trina Solar Limited, ir@trinasolar.com; Caroline Jinqing Cai, + (86) 10-6566-2256, Michael Fuchs, + (86) 10-6566-2256, both of Brunswick Group, trina@brunswickgroup.com
Nach oben scrollen
ECOreporter Journalistenpreise
Anmelden
x