Mar 15 2010
Trina Solar Limited (NYSE: 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 that its subsidiary, Changzhou Trina Solar Energy Co., Ltd., has increased its yearly shipments to ENERQOS SPA ("ENERQOS"), a leading Italian photovoltaic system and solar power plant construction company headquartered in Monza with offices across Italy, France and Greece.
Under the terms of the agreement signed in November 2009, Trina Solar is increasing its 2010 committed quantity to ENERQOS to 23 MW of PV modules in 2010 from 2 MW in 2009. Shipments include 13 MW and 10 MW of PV modules for the first and second half of 2010, respectively, with agreed prices for the first and second quarter of 2010.
"We are excited to expand our relationship with ENERQOS, a leading European engineering company which provides traditional EPC services, as well as high value added services and system integration capabilities," said Ben Hill, Vice President of Sales and Marketing (Europe) at Trina Solar. "This strategic combination of Trina Solar's high quality modules and ENERQOS's extensive field experience and expertise in supplying turnkey solar systems solutions will allow Trina Solar to realize market share gains across rapidly growing photovoltaic markets in Europe."
"We are very pleased to partner with Trina Solar, a top-tier manufacturer, and to integrate its technology in the design of high performance PV systems," said Mauro Marcucci, CEO of ENERQOS. "This is in line with our strategy to constantly offer new engineering solutions, developing a wide range of Value Added Services in order to grant superior systems performances in the long run. Moreover this partnership with one of the major players in the PV market will allow Enerqos to ensure a greater security of modules supply to our customers."