Company Announces Advanced Monocrystalline Module with Comax Technology, and New "Trinamount" Mounting Solution Hardware.
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 the introduction of new products at this year’s Intersolar Exhibition in Munich, Germany, which will be held from June 8 to 10, 2011. These include the Company’s new monocrystalline module with Comax technology (“TSM-DC/DA01A”), and its Trinamount mounting hardware solution.
Renowned core technology combined with new “Comax“ cell – TSM-DC/DA01A
The new monocrystalline module TSM-DC/DA01A was designed to endorse Trina Solar‘s philosophy of “More Power, Less Space”. It is composed of 72 newly developed 5-inch “Comax” cells and is expected to provide an effective solution for residential and small commercial systems. The cell is nearly fully squared which gives approximately 4% more surface area compared to a standard cell. This, combined with enhanced technology, means that it is expected to produce up to 10 watts more than the Company’s standard monocrystalline product.
Trinamount I, II & III – One principle, many different roof types
In addition, under the newly created “Solutions” product series, Trina Solar is developing products that expand upon current PV module offerings to include other system-related components. By combining the Company’s high performing modules with the innovative Trinamount mounting solutions, overall system costs are expected to be considerably reduced, increasing the pricing competitiveness of solar energy compared to traditional energy sources. Trinamount hardware will be compatible with a wide variety of roof types. Trinamount I is designed for tile roofs and is compatible with Trina Solar‘s TSM-PC/PA05 module. Trinamount II is designed for pitched roofs, and comes with mounting hardware for composition shingle, standing seam, corrugated and trapezoidal metal. Trinamount III is designed for use on flat roofs, especially designed for commercial PV systems. Trina Solar expects to distribute the Trinamount solution in the United States, the United Kingdom and Australia by the end of the third quarter of 2011. All solutions follow the common goal of reducing system costs through an innovative approach to PV mounting methodologies.
“We are pleased to have the opportunity to showcase our two new premium products at the Intersolar Exhibition,” said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. “To further elevate our position as the industry’s leading brand, we will continue to focus our efforts on delivering innovative market-driven products to bring the best value to our customers.”
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 that have developed a vertically integrated business model 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 period of time for which the Company‘s current liquidity will enable the Company to fund its operations; general economic and business conditions; the volatility of the Company‘s operating results and financial condition; 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 to 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.