CHANGZHOU, China, Aug. 5 /Xinhua-PRNewswire-FirstCall/ — Trina Solar Limited (NYSE: TSL, “Trina Solar” or the “Company”), a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced an agreement to supply photovoltaic (PV) modules for a new stadium being built by the Spanish Premier League football team Real Club Deportivo Espanyol de Barcelona (”Espanyol”).
Under this agreement, Trina Solar will supply Espanyol with 500 kW of PV modules for the construction of a roof-top PV installation for the club’s new stadium in Barcelona, which is scheduled for completion in late 2008. Trina Solar will become an official sponsor with its logo placed on the team’s official game and practice jerseys for the next three seasons, extending through July of 2011. The Company’s marketing rights also include logo placements at various high exposure areas throughout the planned 40,000 seat stadium and rooftop, which has been called “the most modern stadium in Spain.”
“We are truly excited to have reached this agreement to participate in both the construction of the new stadium and uniform sponsorship of a historic and well-known football team,” said Jifan Gao, Trina Solar’s Chairman and Chief Executive Officer. “We believe the selection of Trina Solar reflects our well-recognized brand in Spain, which remains an important long-term growth market for our products.”
Said Adolfo Bara, the club’s Marketing and Sales Director, “For Espanyol it is a great opportunity to work together with a large multinational company like Trina Solar, who has a strong commitment on new technologies and renewable energies. It is very important for us that a leader in the solar sector believes in our project.”
About Trina Solar Limited
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized 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 currently one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar’s solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. For further information, please visit Trina Solar’s website at .
About RCD Espanyol:
RCD Espanyol de Barcelona is one of the most historical and important football clubs in Spain’s “La Liga.” The team was founded originally in 1900 as Sociedad Espanola de football by a club of university students keen to play a new sport that had recently been imported from England. Originally named Sociedad Espanola de Football, the club became Reial Club Deportivo Espanyol in 1912, when King Alfonso XIII bestowed the “royal” title upon the club. Further information about RCD Espanyol is available at the team’s website at .
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, Trina Solar’s ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company’s ability to protect its proprietary information; general economic and business conditions; 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 companies and the industry. 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, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
Trina Solar Limited
Terry Wang, CFO
Tel: 86-519-8548-2008 (Changzhou)
Thomas Young, Director of Investor Relations
Tel: 86-519-8548-2008 (Changzhou)
Email:
CCG Elite Investor Relations
Crocker Coulson, President
Tel: 1-646-213-1915
Email:
Ed Job, CFA
Tel: 1-646-213-1914
Email:
Trina Solar Limited