Saturday, September 29, 2007

Trina Solar, EniPower enter solar supply agreement

Filed from Houston 9/28/2007 10:10:06 PM GMT

CHINA/ITALY: China-based Trina Solar Ltd. and EniPower, a subsidiary of Italy-based Eni, have entered into an agreement under which Trina Solar will supply EniPower with high quality photovoltaic (PV) modules. Trina Solar said the agreement is an important milestone for the company as its continues to strengthen its brand in Italy's growing PV market.

The agreement is the result of a letter of intent signed in April of this year to establish a long-term business relationship. A 1 MW contract has been already signed with an option of an additional 5 MW for the rest of the contract period.

Trina Solar said recent regulations to promote solar PV installations in Italy make the country one of the most attractive markets in the solar PV industry today.

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