Trina Solar Expands into Latin America
Grows its Global Footprint and Broadens Sales Reach
SANTIAGO, Sept. 4, 2012 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or "the Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from ingots to modules, today announces a new Santiago, Chile, sales and business development presence as the Company's coverage now encompasses all the Americas including the USA, Canada, Mexico, the Caribbean, Central and South America.
From its base in Santiago, Trina Solar will serve commercial, utility and off-grid customers throughout Latin America with a focus on Chile, Mexico, Brazil and neighboring countries. Trina Solar's Latin American operations will benefit from more than 30 years of local experience, including experience in solar in Latin America dating back to the 1980s, which was conducted in both Spanish and Portuguese. Its presence in Chile represents the completion of a long-term strategic goal for the Company.
"Latin America has long been an emerging market for solar, and we think there are countries in the region that are now primed to rapidly grow the solar market," said Mark Mendenhall, President of Trina Solar Americas. "We see the Latin American market as an excellent opportunity to expand our sales efforts by providing clean, job creating energy."
Trina Solar enters Latin America with a strong product and solutions portfolio, led by the Company's Honey technology and line of complete solar solutions. Developed with advances in multicrystalline cell technology, Trina Solar's Honey modules deliver high performance and world record setting power output.
"We are committed to solar in the Americas, and our expansion to the Latin American market is the perfect extension of that commitment," added Mendenhall. "We are excited to provide our proven performance and world-class modules to customers throughout Latin America."
Trina Solar will present at the Chilean International Renewable Energy Congress in Santiago on September 4th and 5th, where it will address opportunities for solar throughout Latin America.
Trina Solar enters the South and Central American market after their expansion to Canada in July, 2012. The expansion throughout the Americas also comes on the heels of recognition by two organizations for its sustainable practices and field performance. The Silicon Valley Toxics Coalition, in its annual global review of sustainable manufacturing practices, ranked the Company first among solar panel manufacturers throughout the world. Additionally, Trina Solar's panels placed first on the California Energy Commission's PTC/STC ratio that estimates real-world panel performance.
Parties interested in learning more about Trina Solar's portfolio of high-quality modules and customer solutions available in Latin America should contact Mr. Nico Johnson at [email protected].
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 to have developed a vertically integrated business model that extends 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.
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 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.
For financial-related inquires or financial-related media, please contact: |
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Trina Solar Limited |
Brunswick Group |
Terry Wang, CFO |
Michael Fuchs |
Phone: + (86) 519-8548-2009 (Changzhou) |
Phone: + (86) 10-6566-2256 |
Email: [email protected] |
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Thomas Young, Vice President, Investor Relations |
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Phone: + (86) 138-6118-3779 (Global) |
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Email: [email protected] |
For solar industry-related media, please contact: |
Tigercomm Public Relations |
JB Tengco |
Phone: + (1) (415) 292 4314 |
Email: [email protected] |
SOURCE Trina Solar Limited
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