CHANGZHOU, China, March 22, 2016 /PRNewswire/ -- Trina Solar
Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global
leader in photovoltaic ("PV") modules, solutions, and services,
today announced that the Company's 40MW of solar PV modules has been
operational in the largest solar project in the Philippines (the "Project"), which has
started to generate clean and safe solar electricity. The Project
was developed by Helios Solar Energy Corporation, a joint venture
between local solar project developer Gregorio Araneta Inc ("GAI")
and Equis Pte Ltd. ("Equis"), Asia's largest independent renewable energy
developer and investor.
With renowned Bouygues Construction ("Bouygues") providing the
engineering, procurement and construction management (EPC)
services, the 132.5MW solar Project was built on a 170-hectare land
area in Cadiz City of the Negros Occidental province. Cadiz City is
located near the equator and the Project is situated approximately
three kilometers from the coastline, where strong winds are common,
high humidity and salty air prevail. The environmental conditions
call for superior performance solar modules resistant to potential
induced degradation (PID), salt spray corrosion and wind pressure,
and Trina Solar's solar products are well equipped to meet the
requirements.
"We are proud to have worked with GAI, Equis and Bouygues on
this landmark project and look forward to future
collaborations," said Helena Li, Assistant Vice President, Regional
Head of APEC & Middle East Region at Trina Solar. "This
partnership is largely a result of our long-running commitment to
emerging markets. The Philippine solar industry has tremendous room
for development, and the region's supportive policies towards
renewable energy make it an attractive market for us. Looking
ahead, we will continue to further expand our market share in
the Philippines and other emerging
markets in the region."
About Equis Pte Ltd.
Founded and headquartered in Singapore, Equis is Asia's largest independent renewable
energy developer and investor. Equis is also Asia's largest independent
energy and infrastructure fund manager. With more
than US$2.7 billion of funds under
management, Equis and its invested platforms employ over 500
professionals across thirteen (13) Asian offices in Manila,
Aomori, Bangalore, Bangkok,
Beijing, Brisbane, Hong Kong, Jakarta, Kasama, New Delhi, Singapore, Taipei and Tokyo.
About Bouygues Construction
As a global player in construction and services, Bouygues
Construction, through its subsidiary Bouygues Energies &
Services, designs, builds and operates buildings and structures
which improve the quality of people's living and working
environment: public and private buildings, transport
infrastructures and energy and communications networks. Bouygues
Construction has been a major actor in the solar EPC league since 2013 and
has established its own proven track record in the solar industry
by providing engineering, procurement, construction (EPC) and
operation & maintenance services for renowned developers
worldwide.
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-leading 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
|
ChristensenIR
|
Teresa Tan, CFO
(Changzhou)
|
Linda
Bergkamp
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Email:
teresa.tan@trinasolar.com
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Phone: +1 480 614
3014 (US)
|
|
Email:
lbergkamp@ChristensenIR.com
|
Yvonne
Young
|
|
Investor Relations
Director
|
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Email:
ir@trinasolar.com
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SOURCE Trina Solar Limited