Trina Solar sources 225MW of polysilicon from start-up SILFAB

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Starting
in the first quarter of 2010, Trina Solar will source polysilicon from
Italian start-up SILFAB S.p.A to produce approximately 225MW of solar
modules in aggregate over six years, the company said.

“This long-term supply agreement with SILFAB S.p.A. will enhance our ability to expand our operations and meet our objective of becoming a leading global PV manufacturer,” said Jifan Gao, Trina Solar’s Chairman and Chief Executive Officer. “In addition, we believe that this contract, which offers attractive payment terms, together with our other long-term contracts, will enhance our ability to expand our margins in the long term as the cost of solar energy approaches grid parity,”

“We look forward to developing a close relationship with Trina,” said Franco Traverso, SILFAB S.p.A.’s Chairman and CEO. “We are pleased to become one of Trina Solar’s key suppliers and to help them with the supply of polysilicon.”

SILFAB plans production of 5,000 metric tons of solar grade polysilicon per year. The first phase of manufacturing is expected to begin in the third quarter of 2009, with production of 2,500 metric tons per year.

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