Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it was selected to supply 23MW of PV modules to Linuo Solar Power Co., Ltd. ("Linuo Power")'s distributed generation ("DG") solar project located in China's Shandong province.
The project will utilize 92,000 Trina Solar TSM-250PC05A modules and cover 500,000 square meters of roof top. It is expected to produce 2990 kWH of electricity annually and mitigate 28,674 tons of CO2 emissions. The Company expects shipments to be completed by the end of June 2014.
"We are delighted to have been selected as one of the key module suppliers to provide PV modules to Linuo Power's DG solar project," said Mr. Zhiguo Zhu, President of Trina Solar's Module Business Unit. "This is testimony to Trina Solar's ability to provide our customers with high quality products. This year the Chinese Government announced a target of 8GW of DG solar project installations and we believe there is significant potential for Trina to capitalize on the growth opportunities in the DG market segment in the second half of 2014."
"Trina Solar's high quality and reliable modules meet our stringent product standards and the team's commitment to rapid delivery ensures that we can meet our construction schedule," said Guangyan Zhou, general manager of Linuo Power. "Benefiting from the Chinese government's supportive policies promoting DG installations, we expect our company to have an extensive project pipeline in China in the coming quarters. Trina Solar's premier products and exceptional service makes them an ideal partner for us and we look forward to further developing our relationship with Trina Solar to support our future downstream projects."
