CHANGZHOU, China, Jan. 21 /PRNewswire-Asia/ -- Trina Solar Limited (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 it has made initial shipments to RF Industries Pty Ltd ("RFI"), Australia's leading renewable energy distributor in January 2010. This is in conjunction with the Company's intention to finalize with RFI a national distribution agreement to supply up to 10 MW of PV modules in 2010.
"We are excited to partner with RFI, Australia's largest distributor of solar modules to supply the market with best-in-class products from Trina Solar," said Jifan Gao, Trina Solar's Chairman and CEO. "This partnership will bring Trina's high performing modules to the promising new Australian market while enhancing Trina Solar's brand and presence in the region."
"Partnering with Trina Solar provides our customers with access to one of the industry's emerging success stories," said Scott Magee, Managing Director of RFI's solar division. "Trina's focus on high quality manufacturing processes delivers a truly world class, competitive offering to our market. This new partnership is a natural fit with RFI's business model, providing exceptional value to our customers. We are looking forward to developing the Trina Solar brand in Australia over the coming years."
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL) is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since its foundation in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that have 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 RF Industries (RFI)
RF Industries Pty Ltd (RFI) is Australia's largest distributor of solar modules and has been supplying Australia with solar electric power systems for more than 30 years. Servicing professional installers nationwide, RFI have built a strong reputation in supply of both on-grid and off-grid systems for residential, industrial and commercial applications. The company has its' headquarters and national distribution centre in Sydney, and offices in Melbourne, Brisbane, Perth and Adelaide with over 180 staff. For further information, please visit, please visit http://www.rfi.com.au .
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 the Company's activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the 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; the volatility of the Company's operating results and financial condition; 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 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, 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.
For further information, please contact:
Trina Solar Limited
Terry Wang, CFO
Phone: +86-519-8548-2009 (Changzhou)
Thomas Young, Director of Investor Relations
Phone: +86-519-8548-2009 (Changzhou)
Email: ir@trinasolar.com
Brunswick Group
Caroline Jinqing Cai
Phone: +86-10-6566-2256
Michael Fuchs
Phone: +86-10-6566-2256
Email: trina@brunswickgroup.com
