Trina Solar 2008 performance growth 175.6%

April 24 news in the international financial crisis, the 2008 fourth quarter financial results, Canadian Solar, Suntech Power, Solarfun Power loss of the three listed companies have more than 50 million U.S. dollars. This is one of the most important reason is that the global photovoltaic industry the most important end-market demand for a sharp contraction in Europe. However, Trina Solar has recently signed between Germany and Italy in the two large contracts.

The first is to provide 4.7MW of PV Italy ErgyCapital generating facilities, the project is currently Italy's largest photovoltaic power generation facilities and the roof of a single solar system, involving approximately 38,000 square meters of solar panels.

The second is with the German customers of the three sales agreements signed. Under the agreement, Trina Solar will supply about 2009 megawatts of PV modules 42, of which 12 MW will be made available to the company Bull Solar.

Trina Solar Sales and Marketing Vice President Arturo Herrero said: "We are very pleased to see such a traditional German market continued to grow in demand. As our high-quality products and low-cost components, which costs more and more recognized by the public, we hope to not only in mature markets, as well as the emerging solar energy market - such as Australia, France, Greece, South Korea and the United States, occupy more market share. "

In the financial crisis under the influence of Trina Solar 2008 performance is still impressive, with a total net turnover amounted to 831.9 million, representing 175.6% growth in 2007. This is the company's strong performance in the fourth quarter inseparable. Trina Solar fourth quarter net loss, although 700,000 U.S. dollars, but with the same industry compared to other companies, such a loss is almost negligible.

Source: windosi.com Apr. 24, 2009