Monday, July 14, 2008

Trina Solar Renews Contract in Italy, A Key Solar Market Now That Spain Is Sputtering (TSL)

From Clusterstock:
It's no secret that, as generous solar subsides in Germany and Spain become less bountiful, strength in other solar markets will have to pick up the slack. Italy, in particular, is a market that will need to take off for many solar companies to reach their lofty expecations. Today, Trina Solar (TSL) renewed a sales agreement with Enerpoint, a "leading" Italian PV distributor.


Trina Solar Limited NYSE: TSL ("Trina Solar" or the "Company"), a leading integrated PV manufacturer from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that it has entered into a renewed sales agreement with Enerpoint, a leading Italian PV distributor.

Under terms of this agreement, Trina Solar will supply Enerpoint approximately 5 megawatts (MW) of PV solar modules in 2008 and between 22 and 30 MW of modules to be delivered in 2009 at agreed prices....MORE