Sunday, October 7, 2007

Trina Solar Signs $154 M Equipment Supply Contract

Changzhou, China []

Trina Solar Limited, an integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced this week that it has signed an agreement with Meyer Burger AG for the supply of ID cropping, band and wire saws used for the production of its monocrystalline and multicrystalline wafers and cells.

The contract, valued over CHF 180 million [US$154million], covers equipment and delivery schedule to meet the Company's capacity expansion goals through 2010.

"We are pleased to be able to support Trina Solar with the latest ID/OD, band and wire saw technology as it expands its wafer capacity and makes progress on its technology roadmap to reduce wafer thickness," stated Peter Pauli, Meyer Burger's CEO. "

Trina Solar is based in Jiangsu Province, China, and has consistently been expanding its production for a fully-integrated manufacturing, from ingots and wafers to cells and ready-to-use solar modules. Meyer Burger has its headquarters and production sites in Switzerland, subsidiaries in China and Japan and service support points in Germany and in the Philippines.