Panel Reduces Installation Cost and Maximizes Inventory Flexibility
San Jose, California, February XX, 2012 -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions and services, today announced that a new line of 72-cell modules has been certified by Underwriters Laboratories (UL) and TÜV Rheinland, according to UL 1703 and IEC 61215/61730 respectively, to have a rated system voltage of 1000V. The dual rated modules provide the high performance expected from a Trina Solar module while delivering a lower total cost of installation and greater inventory and project flexibility.
The new dual rated modules continue the Company's commitment to provide better solutions for Trina Solar partners. These new modules incorporate the most recent advances in polysilicon-based solar technology innovations to enable installers and developers to now use them for either utility ground mount or commercial rooftop installations. High transparency, 4.0mm thick tempered glass provides enhanced module durability and MC4PLUS photovoltaic connectors increase system reliability. Additionally, the dual rated modules enable longer PV strings, resulting in fewer combiner boxes, fewer wiring needs and lower installation labor costs. The new modules are backed by Trina Solar's 25-year linear power warranty.
"Trina Solar continues to meet the evolving needs of our partners," said Mark Mendenhall, President of Trina Solar Americas. "Our new, dual rated modules provide the flexibility that our partners have asked for while delivering the high performance they've come to expect. Ultimately, we have taken another step to give our partners better ways to meet their installation needs while reducing the total cost of installation."
The UL and IEC (International Electrotechnical Commission) dual rated modules are California Energy Commission (CEC) listed. Unlike standard modules, the dual rated modules can be used to satisfy installation requirements for either commercial rooftop or utility scale installations in North America or Europe.
The new dual rated modules continue the Company's track record of product leadership, industry firsts and strategic investments in the long-term growth of its partners and the solar industry overall. Earlier this year, the Company unveiled new, cutting-edge products including Trinasmart and Trinamount that speed the installation process, as well as Design Services that deliver preliminary system layouts. The combination of diverse product offerings and services highlights Trina Solar's expanding commitment to providing a full range of solar solutions to its partners throughout the value chain.
Trina Solar has received recognition by two organizations for its sustainable practices and field performance. The Silicon Valley Toxics Coalition, in its annual global review of sustainable manufacturing practices, ranked the Company first among solar panel manufacturers throughout the world. Additionally, Trina Solar's panels rank near the top of all polysilicon-based modules the California Energy Commission's PTC/STC ratio that estimates real-world panel performance.
U.S. parties interested in learning more about Trina Solar's new dual rated modules or other product offerings should contact their regional sales representative, Trina Solar distributor or visit www.trinasolar.com/us.
About Trina Solar Limited
Trina Solar (NYSE: TSL) is a global leader in photovoltaic modules, solutions and services. Founded in 1997 as a PV system integrator, Trina Solar today drives smart energy together with installers, distributors, utilities and developers worldwide. The company's industry-shaping position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.trinasolar.com.
UL is a premier global safety science company with more than 100 years of proven history. Employing nearly 9,000 professionals in 46 countries, UL is evolving the future of safety with five distinct business units – Product Safety, Environment, Life & Health, Verification and Knowledge Services – to meet the expanding needs of customers and the global public. For more information on UL's family of companies and network of 95 laboratories, testing and certification facilities, go to www.UL.com.
About TÜV Rheinland
Founded in 1872, TÜV Rheinland is a global leader in independent testing, inspection, and certification services, ensuring quality and safety for people, the environment and technology in nearly all aspects of life. The company maintains a presence in 500 locations spanning 61 countries, employs 16,000 people and has an annual revenue of $1.9 billion (€1.4 billion). TÜV Rheinland inspects technical equipment, products and services, oversees projects and helps to shape processes for a wide variety of companies through its worldwide network of approved labs, testing facilities and education centers. Since 2006, the company has been a member of the United Nations Global Compact to promote sustainability and combat corruption. For more information, visit www.tuv.com/us.
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.