Empresas y finanzas

GT Solar & Trina Solar Sign $49MM Polysilicon Reactor Contract



    GT Solar Incorporated, a key global provider of a comprehensive
    range of equipment, services and technology solutions to the solar
    power industry, announced today that it has entered into a contract to
    supply Trina Solar (Lianyungang) Co., Ltd., a subsidiary of Trina
    Solar, Ltd. (NYSE: TSL) with polysilicon reactors and converters worth
    $49 MM. The equipment will be used by Trina Solar in conjunction with
    the company´s announced plans to build and operate a multi-phased
    polysilicon production facility in Lianyungang, located in China´s
    Jiangsu Province. The contract is subject to the approvals by the
    boards of both companies.

    This $49 MM contract is for GT Solar´s latest technology 48 rod
    chemical vapor deposition reactor and silicon tetrachloride (STC)
    hydrogenation conversion units, which convert STC to trichlrosilane
    (TCS).

    GT Solar CEO, Thomas Zarrella, noted, "We are pleased to announce
    that this latest contract with Trina Solar reflects GT Solar´s
    strategic role in meeting the global demand for polysilicon, which is
    a basic material for the manufacture of solar cells. Our technology
    and equipment continue to help the solar power industry meet the
    growth in product demand while helping the industry drive down the
    cost per kilowatt hour."

    GT´s VP for Polysilicon, David Keck, said: "Trina Solar is a
    recognized leader in manufacturing high quality monocrystalline and
    multicrystalline photovoltaic modules and is an important client to
    our team here at GT Solar. Trina Solar is focused on developing a
    strong brand in the marketplace, investing continuously in its
    technology platform and ensuring a low cost position, and we look
    forward to continuing to play a role in their success."

    Jifan Gao, Chairman and CEO of Trina Solar, said: "As a customer
    of GT Solar, we have come to value GT´s superior technology and
    equipment, and look forward to working together to continue to lower
    manufacturing costs as we increase our capacity and execute on our
    growth strategy."

    About GT Solar Incorporated

    GT Solar Incorporated is a wholly owned subsidiary of GT Solar
    International, Inc., and a key global provider of manufacturing
    equipment and turnkey manufacturing solutions across the photovoltaic
    supply chain. Based in Merrimack, New Hampshire, (USA), the company´s
    products include equipment used to produce multi-crystalline solar
    wafers, cells and modules. GT Solar also manufactures polysilicon
    reactors, which allow its customers to produce polysilicon from which
    solar wafers are made. For more information, go to www.gtsolar.com.

    About Trina Solar

    Trina Solar Limited (NYSE: TSL), through its wholly-owned
    subsidiary Changzhou Trina Solar Energy Co. Ltd, 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. Trina Solar is currently one of the few PV manufacturers with
    a vertically integrated business model from the production of
    monocrystalline and multicrystalline ingots, wafers and cells to the
    assembly of high quality modules. This integrated value chain helps to
    ensure that high quality products can be delivered to its end
    customers around the globe, including Germany, Spain and Italy. Trina
    Solar´s solar modules provide reliable and environmentally- friendly
    electric power for residential, commercial, industrial and other
    applications worldwide. For further information, please visit Trina
    Solar´s website at http://www.trinasolar.com.

    Forward-Looking Statement

    This press release contains forward-looking statements that are
    subject to risks and uncertainties. These statements are indicated by
    words such as "expect," "estimate," or similar expressions. In
    particular, this press release contains forward-looking statements
    about the expected future sales from the contract executive with Trina
    Solar (Lianyungang) Co., Ltd. These statements are based upon
    information available to GT Solar´s management as of the date hereof.
    Actual results may differ materially from the anticipated results
    because of certain risks and uncertainties, including, but not limited
    to, the failure by either party to fulfill its obligations under such
    contract. GT Solar undertakes no obligation to update or revise
    forward-looking statements to reflect changed assumptions, the
    occurrence of unanticipated events or changes to future operating
    results over time, except as required by law.