Trina Solar Announces New Efficiency Record of 22.13% for Mono-crystalline Silicon Solar Cell

CHANGZHOU, China, Dec.16, 2015 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology of China has set a new record for industrial high-efficiency p-type mono-crystalline silicon (c-Si) solar cells.

The record-breaking p-type mono-crystalline silicon solar cell was fabricated on a large-size industrial boron-doped Cz-Si substrate with an advanced Honey Plus process that integrated both front and back surface passivation. The 156x156 mm² solar cell reached a total-area efficiency of 22.13%. This result has been independently confirmed by the Fraunhofer ISE CalLab in Germany.

This efficiency record breaks the previous record of 21.40% for the same type of solar cell that was also established by the State Key Laboratory of Trina Solar in 2014, demonstrating an impressive efficiency improvement of 0.73 percentage points within only one year.

"We believe that this is the highest efficiency ever reported to date for a p-type industrial solar cell," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar."This Honey Plus solar cell, fabricated with a low-cost industrial process, sits on the efficiency scale which is just 2.87% below the world record of 25% established by the University of New South Wales with a 2x2cm² laboratory solar cell. In 2015, our R&D teams have achieved two significant records with PERC solar cell technologies: we reached an efficiency of 21.25% with multi-crystalline silicon PERC cells, followed a few weeks later with a 22.13% efficiency record for mono-crystalline silicon cells. This also demonstrates the enormous potential of p-type substrates."

Dr. Pierre Verlinden continued: "Our goal is to continue pushing technological innovations and implementing laboratory breakthroughs into commercial production. We will continue to develop high efficiency solar cell products to further reduce the cost of photovoltaic power generation. At Trina Solar, we are committed to research and innovation of advanced photovoltaic technology, with a vision for the solar electricity to be as competitive as traditional baseload fossil fuel power generation."

About Trina Solar Limited

Trina Solar Limited (NYSE:TSL) is a global leader in photovoltaic modules, solutions and services. Founded in 1997 as a PV system integrator, Trina Solar today drives smart energy together with installers, distributors, utilities and developers worldwide. The company's industry-leading position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit 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 its activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the Company; the Company's ability to operate as a public 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; demand in various markets for solar products; 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 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 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

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