Trina Solar Opens Australia Sales & Business Development Office

CHANGZHOU, China, May 5, 2011 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from ingots to modules, today announced the opening of its sales and business development office in Sydney, Australia, to support its growing base of customers and to seek out new business development opportunities in the region.

The opening represents Trina Solar's continued commitment to the Australian solar PV market, which has experienced rapid growth over the past two years, fueled by attractive government incentives including federal rebates, solar credits and state-level feed-in tariff schemes. Trina Solar has been active in Australia since 2009 and in 2010 initiated a long-term distribution partnership with RF Industries, the country's largest renewable energy distributor. Building on these existing relationships, the Company expects the newly established Sydney office to open up possibilities for greater collaboration with downstream partners, industry groups, universities, and research institutions.

"Having worked closer with our customers over the past year, we are excited to expand our presence and brand in Australia," says John Susa, newly appointed Country Manager of Australia & New Zealand. "We foresee strong growth for the industry, both for residential rooftops and larger-scale commercial and utility projects. Trina Solar looks forward to participating more directly in the growth of the industry and to collaborating with Australian partners to bring solar PV to the next level of adoption and popularity."

The Company views Australia as a rising star in the global market for solar PV. "Australia is already one of the world's top 10 solar PV markets, and Trina Solar considers it a strategic priority to continue expanding its influence in this market as it develops sustainably over the next few years," says Ben Hill, Vice President, Sales and Marketing of Trina Solar.

The Company's long-term plans in Australia include building strong customer relationships, strengthening partnerships with downstream PV companies and exploring potential R&D projects with research institutions focused on developing next-generation solar PV products and technologies.

About Trina Solar Limited

Trina Solar Limited (NYSE: TSL) is a leading 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 have 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, 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.

SOURCE Trina Solar Limited

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED