–Content requirements for 10% feed-in tariff premium in Italy fulfilled
–Leading quality and industry-leading warranty combined with attractive yield
ZURICH, Switzerland, Feb. 13, 2012 /PRNewswire via COMTEX/ —
Trina Solar Limited TSL +0.20% (“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 multicrystalline modules manufactured with European-sourced silicon wafers have been certified by the independent Italian institute ICIM and fulfill GSE requirements for a 10% feed-in tariff premium in Italy. The requirements were further sharpened by GSE in December 2011 (Revision 2 of the Application rules specifying the requirements for the granting of feed-in tariffs according to the Ministerial Decree of 5 May 2011)*, whereby Trina Solar fulfills these most recent revisions.
The ICIM certification process included the inspection of two factories and two tests of the final product. The ICIM auditors checked the ongoing production of the Company’s silicon wafer suppliers in Europe, as well as Trina Solar’s ongoing production of modules with European-sourced silicon wafers. All certified Trina Solar modules will include the ICIM factory inspection logo on the name plate.
* (Revisione 2 delle Regole applicative a precisazione dei requisiti per il riconoscimento delle tariffe incentivanti previste dal DM 5 maggio 2011)
Certified products include:
TSM-PC05
TSM-PC05.08
TSM-PC05.10
TSM-PC05.15
TSM-PC05.18
TSM-PC14
All of the above mentioned module types, including TSM PC 05A, received the Product Certification by ICIM which confirms that the modules have been tested according to CEI/EN 61215 and CEI/EN 61730.
“We are very pleased to announce that we have successfully passed all inspections and we have received the certificate from ICIM,” said Ben Hill, Head of Trina Solar Europe. “Trina Solar is a global leading solar company offering high quality products with an industry-leading warranty. Customers buying our modules benefit from a combination of superior product quality, top warranty and highly attractive yield.”
Trina Solar’s ICIM certified modules can be used for residential, commercial and utility applications. All Trina Solar modules come with an industry leading warranty of 10 years on materials and workmanship and 25 years performance linear warranty.
Since establishing its Italy operations in 2006, Trina Solar has established strong partnership with its local customer base and is committed to the future sustainable growth of the market.
About Trina Solar Limited
Trina Solar Limited TSL +0.20% 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 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.
