Trina Solar Adopts Shareholder Rights Plan

CHANGZHOU, China, Nov. 21 /PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL - News; "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, today announced that its Board of Directors has adopted a shareholder rights plan (the "Rights Plan"). The Rights Plan is designed to protect the best interests of Trina Solar and its shareholders.

One ordinary share purchase right (a "Right") will be distributed with respect to each ordinary share of Trina Solar outstanding at the close of business on December 1, 2008. Initially, the Rights will be evidenced by the certificates representing outstanding ordinary shares, and no separate Rights certificates will be distributed. Subject to limited exceptions, the Rights will be exercisable if a person or group acquires 15% or more of the Company's voting securities or announces a tender offer for 15% or more of the voting securities ("Trigger Event"). The exercise price is set at US$1.86 per Right to purchase one ordinary share (each American depositary share represents 100 ordinary shares), subject to adjustment when there is a Trigger Event. The Company's Board of Directors will be entitled to redeem the Rights at US$0.00001 per Right at any time before a person or group has acquired 15% or more of the Company's voting securities.

The Rights are intended to enable all of the Company's shareholders to realize the long-term value of their investment in the Company. The Rights are designed to ensure that the Company's shareholders receive fair treatment in the event of any proposed takeover of the Company and to encourage anyone seeking to acquire the Company to negotiate with the Board of Directors prior to attempting a takeover. The Rights are not being distributed in response to any specific effort to acquire control of the Company.

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL - News) 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 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 .

    For more information, please contact:

   Trina Solar Limited
    Terry Wang, CFO
    Phone: +86-519-8548-2008 (Changzhou)

    Thomas Young, Director of Investor Relations
    Phone: +86-519-8548-2008 (Changzhou)
    Email: ir@trinasolar.com

   CCG Investor Relations
    Crocker Coulson, President
    Phone: +1-646-213-1915
    Email: crocker.coulson@ccgir.com

    Richard Micchelli, Financial Writer
    Phone: +1-646-454-4516
    Email: richard.micchelli@ccgir.com

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Source: Trina Solar Limited

Trina Solar to Open Warehouse in Europe

CHANGZHOU, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; "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 the planned establishment of warehouse operations in Rotterdam, a key port city in the Netherlands.

The warehouse is strategically located in the Port of Rotterdam, one of the largest ports in Europe. With service expected to begin in the fourth quarter of 2008, the establishment of the warehouse will strengthen our distribution network in Europe by providing module supply functions to respond swiftly to customer delivery requests.

"We are pleased to announce the opening of our first warehouse in Europe, which will offer quality after-sales support to our customers and improve our module supply function. This demonstrates our continual commitment to provide excellent customer service and accessible and effective solutions to our customers," said Arturo Herrero, Trina Solar's Vice President of Sales & Marketing.

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL - News) 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 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 .

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, Trina Solar'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 ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; 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 companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to 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, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For more information, please contact:

   Trina Solar Limited
    Terry Wang, CFO
    Tel:   +86-519-8548-2008 (Changzhou)

    Thomas Young, Director of Investor Relations
    Tel:   +86-519-8548-2008 (Changzhou)
    Email: ir@trinasolar.com

   CCG Investor Relations
    Crocker Coulson, President
    Tel:   +1-646-213-1915
    Email: crocker.coulson@ccgir.com

    Richard Micchelli, Financial Writer
    Tel:   +1-646-454-4516
    Email: richard.micchelli@ccgir.com

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Source: Trina Solar Limited

Trina Solar to open U.S. headquarters in S.F.

Trina Solar Ltd. will open its North American headquarters in San Francisco in the coming year, focused on selling its solar modules to the U.S. market.

The company (NYSE: TSL) was started as a solar installation business in 1997 and went public in 2006. It has about 5,000 employees.

The company shipped 75 megawatts of solar modules in 2007 resulting in $301.8 million in net revenue and $35.4 million in net income for the year. The company said it has secured longterm contracts for polysilicon — the conducting ingredient of its solar modules — and will develop its own polysilicon manufacturing plant to further boost its supply.

Yimei Wong, an executive of Trina Solar America, said it was too early to say how many employees might move to San Francisco or how large the office would be. She said San Francisco would be the company’s American base and manufacturing would remain in Changzhou, China. The company is doubling its production capacity to 700 megawatts by the end of 2009.

The U.S. now makes up just 5 percent of the company’s sales, while Germany, Spain and Italy, which provide lucrative subsidies for buying solar, account for the overwhelming majority of Trina Solar’s business.

The company’s new U.S. office was announced at the grand opening ceremony for ChinaSF, the San Francisco economic development office in Shanghai charged with helping companies from China locate in the Bay Area.

Wong said Trina Solar had been working with the ChinaSF office since late 2007, planning its eventual entrée to the U.S. market.

Because a quarter of San Francisco’s population is Chinese, San Francisco has much to offer Chinese companies in the way of services, workforce and comforts like Chinese language schools, said San Francisco Assesor-Recorder Phil Ting, who chairs the ChinaSF advisory committee in San Francisco.

“We want to be the go-to city for any company looking to locate their company in North America,” Ting said. “We think if we can get to that critical mass, we’ll become the place to locate for companies from China.”

San Francisco Business Times - by Lindsay Riddell

lriddell@bizjournals.com / (415) 288-4968

Trina Solar to Locate North American Base in San Francisco

CHANGZHOU, China, Nov. 12 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; ''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, founded in 1997, today announced it has chosen the City of San Francisco as the location for its North America base.

"This is an important step in our continuing commitment to deliver high quality Trina Solar PV modules to customers in the North American markets," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "As our geographic footprint continues to expand, we remain committed to a location with tremendous talent to provide the support and services that have allowed us to create strong customer relationships throughout the world."

"In the race to become the premiere US gateway for Chinese companies expanding into the North American market, San Francisco has scored another important win with Trina Solar," said San Francisco Mayor Gavin Newsom. "Trina Solar's decision to locate their North American base in San Francisco highlights the City's strength as both a center for cleantech innovation and as a destination for leading Chinese companies looking for a world-class location for their US operations. I am proud to welcome Trina Solar to San Francisco. Arturo Herrero, VP of Sales & Marketing remarked: "We are very pleased to expand our sales & marketing and customer service in the U.S. in 2009. By enhancing direct and closer interaction with our customers, we will be able to manage the significant demand for Trina Solar products we are seeing in the region."

"We recognize the importance of solar as the need for efficient, clean energy in America continues to accelerate," commented Yimei Wong, who manages North America operations. "As the first global solar company entering the city through Mayor Gavin Newsom's 'ChinaSF' International Economic Development Program, we are honored to help build long-lasting business partnerships and be part of a premier gateway between China and North America."

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL - News) 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 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 .

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, Trina Solar'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 ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; 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 companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to 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, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For more information, please contact:

   Trina Solar Limited
    Terry Wang, CFO
    Phone: +86-519-8548-2008 (Changzhou)

    Thomas Young, Director of Investor Relations
    Phone: +86-519-8548-2008 (Changzhou)
    Email: ir@trinasolar.com

   CCG Investor Relations
    Crocker Coulson, President
    Phone: +1-646-213-1915
    Email: crocker.coulson@ccgir.com

    Richard Micchelli, Financial Writer
    Phone: +1-646-454-4516
    Email: richard.micchelli@ccgir.com

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Source: Trina Solar Limited

Trina Solar Announces UMG-based Module Launch

CHANGZHOU, China, Nov. 11 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced its development of a new product line fully based on Upgraded Metallurgical Grade (UMG) silicon material. UMG is a variety of solar grade polysilicon feedstock capable of delivering conversion rates comparable to higher grade polysilicon, but at a significantly lower cost. The product launch is part of Trina Solar's strategy to extend its product portfolio in order to better address customer demand for lower cost solar module systems. Trina Solar is one of the first vertically integrated solar manufacturers to offer a UMG-based module product.

"We are happy to announce our achievement of critical development milestones in the design, engineering evaluation and reliability testing of this new product, from efforts which initiated in mid-2007," stated Jifan Gao, Trina Solar's Chairman and Chief Executive Officer. "This advancement, which reflects significant proprietary processes, was aided by our integrated manufacturing capabilities, which offer efficiencies in both technology and quality feedback control from our single-campus, ingot-to-module development path. Our UMG-based product is currently meeting our targeted conversion efficiency levels of approximately 14%, and offers advantage via its competitively lower silicon cost component. Customer benefits include a significantly lower module system investment cost compared to our standard high efficiency module lines. Our product development path has involved various stages of trial production, performance testing and evaluation in both real-time field applications and accelerated test environments before commercial production."

The Company further announced that the UMG module products will be produced using existing manufacturing lines and will be marketed and sold under a separate brand, backed by a 20-year warranty. Initial sales are expected in the current fourth quarter, with increasing production planned throughout 2009.

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL - News) 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 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 .

    For more information, please contact:

   Trina Solar Limited
    Terry Wang, CFO
    Phone: +86-519-8548-2008 (Changzhou)

    Thomas Young, Director of Investor Relations
    Phone: +86-519-8548-2008 (Changzhou)
    Email: ir@trinasolar.com

   CCG Investor Relations
    Crocker Coulson, President
    Phone: +1-646-213-1915
    Email: crocker.coulson@ccgir.com

    Richard Micchelli, Financial Writer
    Phone: +1-646-454-4516
    Email: richard.micchelli@ccgir.com

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Source: Trina Solar Limited