CHANGZHOU, China, April 8, 2015 /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 been selected
by Solarcentury, a project developer and EPC, to supply around
33,000 of its PC14 modules for a 9.9MWp solar farm project in
Cocle province, central
Panama.
Solarcentury will use the high-powered solar PV modules supplied
by Trina Solar to construct the
solar farm for ECOSolar, a Latin American solar investment company.
Working alongside local solar company Hybrytec, Solarcentury will
build the 9.9MWp "Divisa
Solar" system. The system will be
one of the largest solar farms in Panama connected to the grid and sold on the
spot market once completed.
Ideal for large-scale installations, the PC14 module is one of
the industry's most trusted modules due to its high levels of
reliability and performance capabilities, even in challenging
environmental conditions. Thanks to its high power footprint,
installation time and BOS costs are significantly reduced, helping
to achieve maximum cost efficiency. The farm will be capable of
producing enough clean solar energy to power around 3,000 homes in
the area, which will help meet the country's growing electricity
demands and reduce CO2 emissions by more than 4,850 tons
each year.
Zhiguo Zhu, COO and President of
Module Business Unit at Trina
Solar, said: "We are very pleased to be able to partner with
Solarcentury in this project, which will yield benefits for the
Panamanian people and for the environment. Over the last few years
we have expanded our presence in Latin
America and this project marks a major milestone for us.
Thanks to its good climate, the region is well suited to solar PV
generation, and has abundant space. With an increasing demand for
electricity in the area, the solar farm will diversify the energy
mix and thus drive an efficient and clean supply of energy. We
believe Panama and Latin America hold high potential for the
solar sector and this project demonstrates Trina Solar's continued progress as a leading
provider of solar PV modules in the region."
Matthew Boulton, COO at
Solarcentury said: "Trina Solar is a
new partner for Solarcentury and as a leading global brand, it was
an obvious choice as part of establishing Solarcentury in new
countries. Trina Solar was able to
support the tight timelines required to fulfil the project and
provided regular communication and support from its UK team."
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.
About Solarcentury
Solarcentury is one of the most respected solar companies in the
world. Founded in 1998, we have been around since the early days of
the solar industry and have been part of the evolution that has
made PV the attractive investment it is today. We have put solar on
a greater variety of sites than any other company in the industry,
and have won multiple awards for product innovation.
We work directly with our clients to design and install
commercial, industrial and utility scale solar. We also supply our
products and services to installers and distributors. All of our
customers benefit from our experience in terms of engineering
quality, superior yields and sheer breadth of deployment.
We are a big believer in helping solar PV change our world for
the better and contribute 5% of our net profits every year to the
charity we founded, SolarAid, which aims to eradicate kerosene
lamps from Africa by 2020.
And our business is global and growing, with offices in the UK,
the Netherlands, Germany, Kenya, Ghana,
South Africa, Chile, Panama
and Mexico.
About ECOSolar:
ECOSolar is a unique solar company active in Latin America with in depth knowledge and
experience of the solar sector and the region. As part of Grupo
ECOS, ECOSolar manages Solar Investment Vehicles with the ultimate
goal to be invested in and become an independent power producer. It
is an investor in a series of solar farms and solar companies in
Mexico, Guatemala, Panama, Colombia, Peru, Chile
and Brazil; and manages a pipeline
of investment projects of various GW throughout the region.
Grupo ECOS was founded by Swiss partners committed with
Latin America and its geographical
focus is particularly in this region. The group handles a triple
bottom line approach, as it is aiming for sustainable development,
and also social and environmental responsibility.
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:
For more information, please visit www.ecosolar.com.
Trina Solar
Limited
|
Christensen
IR
|
Teresa Tan, CFO
(Changzhou)
|
Linda
Bergkamp
|
|
Phone: +1 480 614
3014 (US)
|
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