Trina Solar to Supply PROINSO with PV Modules
Trina Solar Limited (NYSE: TSL), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, has recently announced that it has commenced shipment under a long-term supplier agreement with PROINSO (”Proyectos Integrales Solares S.L.”), a leading distributor for solar photovoltaic equipments and a specialist in engineering services in Spain.
Trina Solar is one of the two companies which will supply PROINSO with PV modules. Shipments for the second quarter of 2009 through 2010 are covered in the supplier agreement. The modules are expected to be used for solar projects in the United States and major European markets including Italy, Greece and Spain. Trina Solar expects to supply PROINSO with up to 25 MW and 50 MW of PV modules in 2009 and 2010, respectively. Prices and quarterly purchase volumes under this agreement are pre-determined through March of 2010. The Company made its first shipment in late June 2009.
”Trina Solar is excited to enter into this agreement with PROINSO, whose renewable energy activities span across several key PV markets,” said Mr. Arturo Herrero, Vice President of Sales & Marketing at Trina Solar. ”This agreement will further strengthen our relationship with PROINSO and allow Trina Solar to provide high quality modules made from our vertically integrated manufacturing platform.”
"This agreement enforces and confirms the strategic alliance between both companies,” declared Mr. Gustavo Carrero, Marketing Director of PROINSO. "This relationship assures a high quality technical solution that will enable us to successfully approach diverse PV markets worldwide, always fulfilling the needed requirements in terms of reliability, competitiveness and excellence, proven by Trina Solar in the recent years of our partnership."
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