India is no doubt a robust and growing emerging market for solar energy."
New Delhi, 12th March 2015, Trina Solar Limited (NYSE: TSL), a global leader in photovoltaic ("PV") modules, solutions and services, has signed an agreement to supply 48MW of solar modules to ACME Cleantech Solutions Ltd ("ACME"). This new agreement brings the total sales of solar modules to ACME to 70 MW in 2015 to date.
According to the agreement, approximately 188,000 Pieces of Honey modules TSM-PC05A will be installed on two ground-mounted solar power plants in India. The installations are expected to provide an annual output of 81.6 GWh. The shipment will be completed in the first quarter of 2015.
"We are seeing a significant pick up in the adoption of solar power in India this year and we are delighted to be taking part in the growth with our efficient and high-quality modules," said Zhiguo Zhu, COO and President of Trina's module business unit. "India is no doubt a robust and growing emerging market for solar energy. We believe this agreement not only demonstrates our growing brand awareness in India, but also sets a solid foundation for our expanding business in the region in 2015. We look forward to capturing more market opportunities in India with ACME."
Mr. Manoj Kumar Upadhyay, Chairman of ACME, added, "We first started our partnership with Trina Solar in 2013. We are delighted to further deepen our relationship with Trina Solar on these two projects in India. ACME had delivered many successful projects in the past. Looking into the future, we are also very optimistic about India's solar prospect and are expediting our paces to expand our projects portfolio. We have strong faith in Trina Solar's dedicated team, comprehensive products and superior product quality and look forward to more partnership with Trina Solar in 2015."
About ACME Solar
ACME Solar is a solar power company providing solutions for both Thermal & Photovoltaic Technologies. Today ACME has developed capabilities of setting up and commissioning MW scale power projects. It has also been providing Engineering, Procurement and Construction (EPC) services to other solar power developers. ACME has pioneered solar power development in India and has commissioned the First Solar Thermal Power project based on Tower Technology in Asia. This state of the art technology is highly energy efficient. For more information, please visit www.acmesolar.in
About Trina Solar Limited
Trina Solar Limited (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.