CHANGZHOU, China, Jan. 29 /PRNewswire-Asia-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 subsidiary, Changzhou Trina Solar Energy Co., Ltd., entered into a sales agreement with Spanish customer Gestamp Asetym Solar, S.L. ("GA Solar"). The agreement was signed during the recent World Future Energy Summit 2009 in Abu Dhabi, held on January 19-21.
Under the terms of this agreement, Trina Solar will supply GA Solar between 20 to 36 MW of PV modules for one year at pre-determined prices. Shipments under this agreement have recently been initiated.
"We are excited to have entered into this sales agreement which affirms our successful long-term supply partnership with GA Solar in the past," stated Mr. Arturo Herrero, Vice-President of Sales & Marketing of Trina Solar. "GA Solar's plan to implement new solar projects in markets such as Italy, Greece, the United States and the Middle East will be supported by their parent company's presence in over twenty countries, and we believe that our experience in working with PV system integrators can play an important part in GA's expansion plan."
"This agreement reinforces and confirms the strategic alliance between both companies," declared Mr. Jose Maria Rodriguez Paraja, Strategic Development Director of GA Solar. "This association assures a high quality technical solution that will enable us to successfully approach diverse PV markets worldwide, thereby assuring our needed requirements are fulfilled in terms of reliability, competitiveness and excellence proven by Trina Solar in our recent years of partnership."
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 silicon 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.
About GA Solar
A subsidiary of Corporacion Gestamp, GA Solar is a developer of large solar energy projects, from planning to execution of the projects with more than 150 MW achieved. The company also specializes in the design, manufacture and installation of both fixed and adjustable solar structures. GA Solar has offices in Madrid and Murcia, Spain, as well as in Rome, Italy and the United States. For further information please visit http://www.ga-solar.com.