Trina Solar Announces Research Partnership with Australian National University to Enhance High-Efficiency Solar Cells

CHANGZHOU, China, April 28, 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 through its subsidiary, Changzhou Trina Solar Energy Co. Ltd., the signing of a three year research agreement with the Australian National University ("ANU"). The joint research and development agreement is expected to receive more than AUD3 million funding from the Australian Solar Institute ("ASI"). The ASI is part of the Australian Government's Clean Energy Initiative and aims to promote and support new innovative research ideas.

Under the term of the agreement, Trina Solar will collaborate with ANU to develop industry-ready n-type monocrystalline solar cells. The project aims to develop high efficiency n-type silicon solar cells with conversion efficiencies of 20% for mass production by leveraging existing and proven processing tools currently used for p-type cells. In addition, the project will aim to improve the efficiency of Trina Solar's standard p-type multicrystalline silicon solar cells, by increasing commercial production efficiency to approximately 19%.

"We are very excited to announce this research agreement with the Australian National University, which will help Trina Solar remain at the forefront of high-efficiency solar cell production," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "Our solar products are among the best performing in the solar space and we continue to enhance their performance while maintaining our cost leadership."

Project leader Associate Professor Daniel Macdonald from the Australian National University said that the outcome of this research is expected to make solar energy more affordable. "We are pleased to partner with Trina Solar in this project, and we look forward to working together to bring innovative new technologies into production. We hope this will be the start of a long-lasting partnership that will benefit both parties."

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.

About The Australian National University (ANU)

ANU is one of Australia's premier universities and ranked amongst the best in the world. It was created by Federal Parliament in 1946 to drive the nation forward and advance Australia's international standing through research and education of the highest quality. The University is distinctive because of its national mission, international focus and impressive record in research and education for undergraduate and postgraduate students. Our leading researchers drive our educational programs and shape the ANU learning experience. For information about the ANU, please see www.anu.edu.au.

About the Australian Solar Institute (ASI)

The ASI is a $150 million commitment by the Australian Government to support solar thermal and solar photovoltaic research and development. The ASI aims to drive collaborative, focused research and development that will have a major impact on the efficiency and cost effectiveness of solar technologies. This commitment will foster greater collaboration between solar researchers in universities, research institutions and industry and help forge strong links with peak overseas solar research organizations. For more information about the ASI, please visit ASI's website at http://www.australiansolarinstitute.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.

SOURCE Trina Solar Limited

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