CHANGZHOU, China, Feb. 12, 2013 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic modules, solutions, and services, today announced that it has achieved the No. 1 position in Australia's PV market.
According to a new report from Solar Business Services ("Australian PV - Technology and Brands 2013"), Trina Solar was the most popular solar panel brand in Australia during 2012, accounting for 100MW of installations. The rise to the top position is attributed to the success of its high-performing Honey Cell Technology based products, which are well suited for Australia's rooftop system requirements.
"We are very pleased by the report's findings and would like to thank our channel partners for their strong support and commitment to the Trina Solar brand," said John Susa, Trina Solar Australia's Managing Director. "We have developed our channel network carefully to ensure high quality representation with long-term partners who focus on providing quality customer service and installations. Having an experienced and dedicated local team has also been a key factor in our success in the residential and commercial segments."
Australia is regarded as one of the prime markets globally for PV solar generation due to its high irradiance and favorable year round climate for system installation, operation, and maintenance.
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-shaping position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.trinasolar.com.
SolarBusinessServices is Australia's longest established PV industry consultancy. Founded by 21 year industry veteran Nigel Morris the company's mission is to help solar businesses navigate and prosper in the Australian PV market. SolarBusinessServices provides award winning industry research, leading intelligence reports, strategic and tactical guidance, business development coaching, training and industry advocacy services. For more information, please visit www.solarbusiness.com.au
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 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.
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SOURCE Trina Solar Limited