Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it will supply 200MW of modules to Zonergy Company Limited ("Zonergy")'s downstream projects in China, marking its largest single module supply agreement to date in 2014.
Trina Solar will supply approximately 800,000 pieces of its TSM-PC05A modules for Zonergy's downstream projects located across several provinces in China such as Jiangsu, Shandong, Xinjiang, Qinghai and Sichuan. All modules supplied to Zonergy are certified by TUV-SUD as Anti-PID tested to 60oC/85RH% (85 Degrees Celsius temperature /85% relative humidity). Module delivery is expected to be completed in December 2014.
"Trina Solar came out as our top selection among all tier one module manufacturers we considered based on their ability to meet our stringent internal standards and their second-to-none performance in all criteria including brand recognition, quality, value proposition and commitment to customer service," said Wuhua Zhang, Deputy President of Zonergy. "Our trust in Trina Solar arises from its sufficient capacity and its proven track record of meeting customer's needs with an integrated offer that includes top-quality products and on-time delivery which is of great value to our rapidly growing downstream business. We have a large pipeline planned in China for this and next year. We look forward to building a long-term, strategic partnership with Trina Solar and to realizing Zonergy's success in downstream solar project development."
"We are thrilled to win this order with premium price and be the key module supplier for Zonergy in 2014," said Zhiguo Zhu, Module Business Unit President of Trina Solar. "This record order is by far the largest single order Trina has been awarded this year and I thank the entire Trina sales team's diligent work and commitment to success. Our ability to win large orders like this is a testimony to Trina Solar's leading position in the flourishing solar market in China. Zonergy has an extensive pipeline of downstream projects this year, and we welcome the opportunity to partner with Zonergy team to support their rapidly-growing roster of solar projects."
