CHANGZHOU, China, Jan. 28, 2016 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, is pleased to announce that it has begun shipping 57.1 MW of solar modules to Toyo Engineering Corporation ("Toyo Engineering") for use in the Furukawa Mega Solar Project (the "Project")" located in Osaki City, Miyagi Prefecture, Japan.
The delivery of solar modules is scheduled to be completed before the end of the third quarter of 2016. The Project, developed by Pacifico Energy Furukawa G.K. ("Pacifico Energy"), is being constructed on an abandoned golf course in Osaki and is expected to be completed and commissioned in the fourth quarter of this year. The clean electricity that the Project will generate will be purchased by Tohoku Electric Power Company to energize the region.
"We are delighted to be selected as an exclusive supplier to Toyo Engineering and Pacifico Energy again for their large-scale solar project," commented Ms. Ye Chen, President of Trina Solar Japan Ltd. "We believe the historic climate pact adopted at COP21 will further bolster the development of solar energy in Japan, as well as other countries around the globe. Looking ahead, we will continue to reinforce our deployment in the Japanese market while proactively devoting our efforts to prevent global warming through continuously delivering innovative solar products."
About Trina Solar Limited
Trina Solar Limited (NYSE:TSL) is a global leader in photovoltaic modules, solutions and services. Founded in 1997 as a PV system integrator, Trina Solar today drives smart energy together with installers, distributors, utilities and developers worldwide. The company's industry-leading position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.trinasolar.com.
About Toyo Engineering Corporation
Toyo Engineering Corporation (TOYO) is one of the world's leading contractors. TOYO has actively deployed EPC business, and has successfully delivered large and complex projects on the segments of Energy, Oil Refining, Petrochemicals & Chemicals, and Infrastructure. TOYO has globally networked organization and assures clients that projects will be delivered safely, to a high-quality standard, and on schedule. For more information, please visit http://www.toyo-eng.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance its activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the Company; the Company's ability to operate as a public company; the period of time for which the Company's current liquidity will enable the Company to fund its operations; general economic and business conditions; demand in various markets for solar products; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Trina Solar Limited
Teresa Tan, CFO (Changzhou)
Phone: +1 480 614 3014 (US)
Investor Relations Director
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