Trina Solar Announces Successful Commercial Launch of Its Solar Photovoltaic Cell Line
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CHANGZHOU, China, April 2 / -- Trina Solar Limited ("Trina Solar" or the "Company"), a leading vertically integrated manufacturer of solar photovoltaic (PV) products founded in 1997, announced the successful commercial launch of its newly installed solar PV cell line today.
The 50MW cell line had been under testing during the first quarter of 2007 with positive initial trials. After further fine tuning, the commercial production started successfully as planned on April 2nd with average cell efficiencies of 16.3%. Four additional solar PV cell lines are currently planned and are expected to reach its target capacity of 150MW by the end of 2007.
"We are extremely pleased to have achieved such high cell conversion efficiencies ahead of our target. By the end of 2007, we expect to improve on these results and aim to achieve cell efficiencies exceeding 16.5%," remarked Dr. Mohan Narayanan, Trina Solar's Vice President of Technology. "The successful launch of our first cell line is a testament to the hard work, professionalism and commitment to quality of the Trina Solar team."
The commercial launch of the Company's cell line in April is an important milestone for the Company as it completes the vertical integration of its manufacturing process. This vertically integrated approach is expected to allow Trina Solar to reduce cost, to improve product quality and to become a leader in the solar PV industry.
About Trina Solar Limited:
Trina Solar is a well recognized manufacturer of high quality monocrystalline modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company in China. Trina Solar is currently one of the few PV manufactures that has developed a vertically integrated business model from the production of monocrystalline 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 those in European countries, such as Germany, Spain and Italy. The company's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. Trina Solar successfully completed its initial public offering in December 2006 and its ADSs are traded on the New York Stock Exchange under the ticker symbol TSL. For further information, please visit the company's website at http://www.trinasolar.com/.
Source: Trina Solar
Web site: http://www.trinasolar.com/
