Trina Solar (TSL)along with many of its competitors have been whacked on news thatGermany will cut solar subsidies, but there is some good news to reportout of Germany for Trina Solar this morning. The company has announced an agreement with ITECfor 40MW in solar modules to be delivered this year – 18MW in the firsthalf. Prices have been agreed on for the first quarter and shippinghas already begun.
Said Trina VP of sales Ben Hill, “We are very pleased toannounce this agreement, which demonstrates Trina Solar’s establishedbrand recognition in Germany. This reflects the continued strongdemand for our high quality modules from our growing distributor andsystem integrator partners throughout Europe.”
Shares of TSL are up about 1% in premarket trading.