CHANGZHOU, China, March 12, 2015 /PRNewswire/ -- Trina Solar
Limited (NYSE: TSL) ("Trina Solar"
or the "Company"), a global leader in photovoltaic ("PV") modules,
solutions and services, today announced it has signed an agreement
to supply 48MW of solar modules to ACME Cleantech Solutions
Ltd.("ACME"). This new agreement brings the total sales of solar
modules to ACME to 70 MW in 2015 to date.
According to the agreement, approximately 188,000 Pieces of
Honey modules TSM-PC05A will be installed on two ground-mounted
solar power plants in India. The
installations are expected to provide an annual output of 81.6 GWh.
The shipment will be completed in the first quarter of 2015.
"We are seeing a significant pick up in the adoption of solar
power in India this year and we
are delighted to be taking part in the growth with our efficient
and high-quality modules," said Zhiguo
Zhu, COO and President of Trina's module business unit.
"India is no doubt a robust and
growing emerging market for solar energy. We believe this agreement
not only demonstrates our growing brand awareness in India, but also sets a solid foundation for
our expanding business in the region in 2015. We look forward to
capturing more market opportunities in India with ACME."
Mr. Manoj Kumar Upadhyay,
Chairman of ACME, added, "We first started our partnership with
Trina Solar in 2013. We are
delighted to further deepen our relationship with Trina Solar on these two projects in
India. ACME had delivered many
successful projects in the past. Looking into the future, we are
also very optimistic about India's
solar prospect and are expediting our paces to expand our projects
portfolio. We have strong faith in Trina
Solar's dedicated team, comprehensive products and superior
product quality and look forward to more partnership with
Trina Solar in 2015."
About ACME Solar
ACME Solar is a solar power company providing solutions for both
Thermal & Photovoltaic Technologies. Today ACME has developed
capabilities of setting up and commissioning MW scale power
projects. It has also been providing Engineering, Procurement and
Construction (EPC) services to other solar power developers. ACME
has pioneered solar power development in India and has commissioned the First Solar
Thermal Power project based on Tower Technology in Asia. This state of the art technology is
highly energy efficient. For more information, please visit
www.acmesolar.in
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.
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.
For further information, please contact:
Trina Solar
Limited
|
Christensen
IR
|
Teresa Tan, CFO
(Changzhou)
|
Linda
Bergkamp
|
|
Phone: +1 480 614
3014 (US)
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Email:
teresa.tan@trinasolar.com
|
Email:
lbergkamp@ChristensenIR.com
|
|
|
Yvonne
Young
|
|
Investor Relations
Director
|
|
Email:
ir@trinasolar.com
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SOURCE Trina Solar Limited