CHANGZHOU, China, August 3, 2015 /PRNewswire/ -- Trina Solar
Limited (NYSE: TSL) ("Trina Solar"
or the "Company"), a global leader in photovoltaic ("PV") modules,
solutions, and services, is pleased to announce that the Osaka
Sangyo University ("OSU") Solar Car Team, equipped with
Trina Solar's newly developed
Interdigitated Back Contact (IBC) cells and modules for OSU's Solar
Car, the "OSU-Model-S", has won the "2015 FIA ALTERNATIVE ENERGIES
CUP Solar Car Race" held at the Suzuki International Racing Circuit (the
"IFA Suzuka Solar Race"). This is OSU's fourth consecutive victory
at the IFA Suzuka Solar Race. The "OSU-Module-S" developed by OSU's
Solar Car Team was 100% powered by solar cells developed by the
State Key Laboratory of PV Science and Technology of Trina Solar.
The IFA Suzuka Solar Race is the largest international solar car
race taking place in Japan. First
held in 1992, this year's competition marked its 24th year. Fueled
solely by 565 of Trina Solar's IBC
cells and modules, which demonstrated efficiencies up to 24.4% in
laboratory tests and 22~23% in pilot industrial production, the
OSU-Model-S was classified into "Dream Class", the top ranked
category of the five-hour race. The
OSU-Model-S won its category by 66 laps, taking a clear victory in
the race, three laps ahead of
the following car.
"Trina Solar has been a
tremendous partner and the high efficiency of Trina Solar's cells was the key to our victory,"
said Mr. Masayuki Murakami, Project
Leader of the OSU Solar Car Project. "Through utilizing Trina's IBC
Cells, our solar car was highly efficient. Thanks to an extremely light weight design,
efficient power electronics and Trina's solar cells, our solar car
was able to maintain an average speed of 78.5km throughout the
5-hour race. I am very thankful to the team led by Dr. Pierre Verlinden, Chief Scientist of
Trina Solar. With the team's
world-class technology and superior knowledge of solar power
applications, we were able to demonstrate how effective solar
powered transportation can be. We look forward to collaborating
with Trina Solar in the future in
more advanced renewable solar projects given our shared vision of
building a greener and brighter world."
Zhiguo Zhu, COO of Trina Solar
Limited and President of Trina Solar Module Business Unit,
commented, "Congratulations to the OSU team on winning
the four championships. We are
thrilled to have been able to contribute to the OSU team's success,
and we are delighted in the high level of performance that our IBC
cells and modules displayed during the race. I believe this
successful cooperation not only further solidified our position as
a technology leader in the solar sector, but also demonstrated our
ability to continuously pursue excellence. As we continue to
broaden our outreach from solar power generation to technology and
research applications, I believe this cooperation with the OSU team
will pave the way for future successes."
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.
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