Trina Solar Announces Strategic Agreement with Q-Cells
Source: Trina Solar press release /8 Feb 2007
http://www.trinasolar.com/front/en/news.php?newid=16
Changzhou, China – February 8th, 2007 — Trina Solar Limited (NYSE: TSL) (“Trina Solar” or the “Company”), a leading integrated manufacturer of solar photovoltaic products based in Changzhou, China, announced today that it has entered into a strategic cooperation agreement with Q-Cells AG (“Q-Cells”), the largest independent solar cell manufacturer in the world.
Under this strategic cooperation agreement, Trina Solar will supply Q-Cells with at least 18MW of high-quality monocrystalline wafers which will be processed into high efficiency cells for Trina Solar’s module assembly facility. The size of this contract is sufficient for Trina Solar to meet its current 2007 cell requirements while it ramps up its solar cell manufacturing lines. Furthermore, Q-Cells will benefit from this strategic agreement by filling additional capacity in its rapidly expanding cell lines in Thalheim, Germany. In addition to the commercial agreement, Q-Cells will provide technical assistance to Trina Solar during the ramp up of the Trina Solar cell lines.
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