Fourth Quarter 2008 Operational Highlights: -- Achieved estimated solar module shipment target of between 55 MW and 60 MW -- Reduced solar module non-silicon manufacturing costs by approximately $0.13 per watt
"Despite lower module selling prices and margin pressure faced amidst a
challenging global economic environment, we are very pleased with our
performance delivered in the fourth quarter," said Mr.
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL) is a well recognized manufacturer of high
quality modules and has a long history as a solar PV pioneer since it was
founded in 1997 as a system installation company.
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 the Company's activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; 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. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to 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, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact: Trina Solar Limited Terry Wang, CFO Tel: +86-519-8548-2008 (Changzhou) Thomas Young, Director of Investor Relations Tel: +86-519-8548-2008 (Changzhou) Email: ir@trinasolar.com CCG Investor Relations Crocker Coulson, President Tel: +1-646-213-1915 Email: crocker.coulson@ccgir.com Richard Micchelli, Financial Writer Tel: +1-646-454-4516 Email: richard.micchelli@ccgir.com
SOURCE Trina Solar Limited