Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced that its subsidiary, Trina Solar (U.S.) Inc., has signed a sales agreement to supply solar modules to SunEdison, a subsidiary of MEMC Electronic Materials, Inc. ("MEMC").
Under the terms of the agreement signed with MEMC, Trina Solar is expected to supply SunEdison with approximately 35 megawatts (MW) of PV modules over the remainder of 2010. The modules are expected to be utilized by SunEdison for projects in North America and Europe.
"This collaboration once again demonstrates Trina Solar's ability to partner with leading U.S. solar industry players to create effective PV solutions in the U.S. market," said Mr. Sean Tzou, Chief Strategy Officer of Trina Solar. "Combining Trina Solar's high-quality modules with SunEdison's leading solar project capabilities, helps our company to further increase market share, diversify our sales base and enhance recognition of our brand globally."
Carlos Domenech, President of SunEdison, commented, "We are pleased to add Trina Solar as a supplier for various SunEdison projects around the world. To be a world leader and trusted partner to our customers, SunEdison must maintain strong capabilities in project financing, engineering, high value procurement, and operations and maintenance services. To do all of that, it helps to have quality suppliers."