Trina Solar Announces Follow-on Public Offering of 7,900,000 American Depositary Shares

CHANGZHOU, China, March 17 /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 it intends to offer, subject to market and other conditions, 7,900,000 American depositary shares ("ADSs"), each representing 50 ordinary shares of the Company. Trina Solar intends to grant the underwriters an option to purchase up to additional 1,185,000 ADSs.

Trina Solar plans to use the net proceeds of the offering to expand manufacturing facilities for the production of PV cells and modules, for research and development purposes, including the expansion of its research and development center, and for downstream projects and general corporate purposes. The Company's management will retain broad discretion over the use of proceeds, and the Company may ultimately use the proceeds for different purposes than what it currently intends.

Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C. and Barclays Capital Inc. are acting as bookrunners.

This offering will be made under Trina Solar's registration statement on Form F-3 filed with the Securities and Exchange Commission on July 27, 2009. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's registration statement on Form F-3 and preliminary prospectus supplement are available from the SEC website at: http://www.sec.gov .

Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, telephone: +1 (800) 221-1037, Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: +1 (212) 902-1171, and Barclays Capital Inc., c/o Broadridge Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: +1 (888) 603-5847.

Trina Solar raises yearly shipments to Italy's ENERQOS

March 12 (Reuters) - China-based Trina Solar Ltd (TSL.N) said its unit has agreed to increase yearly shipments to ENERQOS SPA, an Italian photovoltaic system and solar power plant construction company.

The company said its unit, Changzhou Trina Solar Energy Co Ltd, would increase its 2010 committed quantity to 23 megawatts (MW) of photovoltaic modules from 2 MW in 2009.

Italy, Europe's third-largest solar market, is expected to double its installed PV capacity to about 2,000 MW in 2010, before the government cuts the incentives to bring them in line with falling PV system prices. [ID:nLDE61H1HU]

Investors ranging from banks and funds to families and sports car maker Ferrari have piled into Italy's solar market, lured by a generous incentive scheme launched in 2007 and due to expire this year.

On Thursday, SunEdison, a unit of silicon maker MEMC Electronic Materials Inc (WFR.N), said it would invest 200 to 250 million euros to build Europe's biggest solar plant in Italy, aiming to expand in the booming solar market. [ID:nSGE62A0EO]

Trina said shipments include 13 MW of PV modules for the first half of 2010, and 10 MW for the second half of the year, with agreed prices for the first and second quarters.

Shares of the company were up about a percent at $24.12 in premarket trade Friday. The stock, which has risen seven-fold from a March 2009 year-low, closed at $23.84 Thursday on the New York Stock Exchange. (Reporting by Adveith Nair in Bangalore; Editing by Ratul Ray Chaudhuri)

Trina Solar Signs Sales Agreement with U.S. Wholesale Distributor Essco

CHANGZHOU, China, March 10 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE:TSL - News) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) 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., has signed a sales agreement with Essco Wholesale Electric, Inc. ("Essco"), the southwest US company of Sonepar USA, a leading full-service commercial, utility and residential electric distributor with locations throughout the United States.

Under the terms of the agreement, Trina Solar is expected to supply Essco with approximately 25 MW of PV modules and an additional 4 MW at the option of Essco, to be delivered during 2010. With the signing of this sales agreement, the Company has now secured a total of approximately 40 MW of PV modules from customers in the United States during 2010, all with agreed prices.

"We are excited to announce this agreement with a well-established leading electrical wholesale distributor like Essco and Sonepar USA. We look forward to helping expand their solar PV capabilities and provide their existing customers and markets with our high-quality solar products," said Mark Wilkerson, Trina Solar's Senior Director of North American Sales and Marketing. "This partnership will help Trina Solar expand its presence and increase brand recognition in commercial and residential markets in the United States, an important growth market for the company."

"With the addition of Trina Solar modules to our renewable energy equipment portfolio, we truly are able to be a one-stop distributor for our electrical contractors and solar integration companies. With Sonepar's national coverage through its operating companies and encompassing Essco's direct coverage of the Southwest, we are making renewable energy products more available and affordable than ever before to our customers," said Scott L. Tonn, Essco's President.

Trina Solar Announces Establishment of EU Regional Headquarters in Switzerland

CHANGZHOU, China, March 2 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced the establishment of its European regional headquarters in Zurich, Switzerland, which commenced initial operations as of January 2010.

In order to further strengthen Trina Solar's presence and growing customer base in Europe, the Company has set up regional headquarters in the international business district of Zurich. This will give Trina Solar greater proximity to key established solar markets, allow additional logistical support and provide enhanced service to the Company's strategic partners and customers.

"We are proud to establish our EU headquarters, a crucial milestone in realizing one of Trina Solar's goals to globalize its operations, deepen customer relations and expand brand recognition across key European markets," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "We are confident that our strategy to centralize regional operations and broaden the level of service offered in Europe will play a critical role in the growth of our European business in the years to come."