Trina Signs Polysilicon Deal with DTK

Trina Solar Limited announced that it has signed a long-term polysilicon supply agreement with Jupiter Corporation Ltd., an affiliate of DTK Industries. Under this agreement, Qingdao DTK will supply Trina Solar with virgin polysilicon sufficient to produce approximately 650 megawatts (MW) of solar modules in total over six years.

Delivery of polysilicon at predetermined prices is expected to start in the third quarter of 2009. This long-term polysilicon supply agreement with DTK will enhance Trina’s raw material supplies to strengthen its position as a leading global PV module manufacturer, according to the company.

“This agreement marks another milestone in Trina Solar’s silicon procurement strategy. Through this new agreement with one of the leading emerging polysilicon producers, Trina has taken steps to further secure its long-term procurement needs while reducing the long-term cost of solar energy,” said Jifan Gao, Trina Solar’s CEO. “This agreement will provide a significant portion of our production needs at favorable terms. Qingdao DTK’s forward thinking management and advantageous positioning will ensure the success of this agreement.”

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