Jul 29 2008
Trina Solar Limited, a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that it has entered into a sales agreement with Enel.si S.r.l, a subsidiary of Enel SpA, Italy's largest power company, listed on the Milan Stock Exchange.
Under terms of the two-year agreement, Trina Solar will supply Enel with a total of 17 megawatts (MW) of PV modules starting in 2008, which includes 15 MW of scheduled delivery for 2009 at fixed prices.
"We are very pleased to have entered into this sales agreement with Enel, a globally recognized power provider who is committed to investments in new power sources from environmentally-friendly technologies," stated Jifan Gao, Trina Solar's Chairman and Chief Executive Officer. "We look forward to building our relationship with Enel as we further our sales and brand recognition in the Italian market."
Italy's current regulations and PV installations confirm it as one of the most attractive growth markets in the solar PV industry.
"We are very pleased to sign this agreement with Trina Solar. The new contract adds products to our portfolio that becomes day by day larger and more diversified," says Paolo Riccardo Felicioli, Managing Director of Enel.si.