North Coast Solar Stocks

September 30, 2009

Trina Solar Signs Sales Agreement with Kerself S.p.A

Filed under: TSL — Tags: , , — Jason @ 4:15 pm

Wednesday September 30, 2009, 4:15 pm EDT

CHANGZHOU, China, Sept. 30 /PRNewswire-Asia-FirstCall/ — Trina Solar Limited (TSL; “Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today that it has entered into a sales agreement with Kerself S.p.A (“Kerself Group”), Italy’s leading player in photovoltaic solar plant engineering, development, production, installation and distribution.

Under the terms of the agreement, Trina Solar will supply Kerself Group with approximately 73 MW of PV modules, with shipment deliveries of 23 MW expected in the fourth quarter of 2009 and 25 MW expected in each of the first and second quarters of 2010.

“We are excited to announce this new sales agreement with Kerself Group to further strengthen Trina Solar’s presence in Italy and throughout Europe,” stated Mr. Arturo Herrero, Vice-President of Special Key Accounts of Trina Solar. “Our strategic partnership with Kerself Group is a significant success for us in aligning ourselves with a proven multiregional energy developer with growing opportunities in established and emerging photovoltaic markets.”

“As Kerself Group seeks to position itself as a primary photovoltaic group within and outside the EU, we are excited to partner with a well recognized brand like Trina Solar to bring their high quality modules and premium service to our customers across Italy and throughout Europe,” commented Kerself Chairman and Chief Executive Officer Pier Angelo Masselli.

About Kerself S.p.A

Kerself S.p.A. (KRS IM), a company listed on Borsa Italiana’s electronic equities market (MTA), is a leading player in photovoltaic solar plant engineering, development, production, installation and distribution in Italy and Europe. The Kerself Group Companies includes Distribuzione Energie Alternative (DEA), Ecoware, Helios Technology, Nuova Thermosolar, SAEM, IRCEM Industriale Srl and JET S.p.A. The Group recently established a new company in Turkey to build photovoltaic plants and a joint venture in Israel with key local players in the sector. Today Kerself Group exports in Europe (Greece, Germany, France, Spain and Portugal), the Middle East and the Far East.

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