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Solar company Trina signs China market deal

NEW YORK
Tue Dec 1, 2009 9:26am EST

NEW YORK (Reuters) - Chinese solar company Trina Solar Ltd said on Tuesday it entered into a sales agreement to supply approximately 8 megawatts of photovoltaic (PV) modules to the Chinese domestic market.

It also said it has received Chinese government approval for a project of about 2 MW under the Golden Sun program, which aims to install approximately 20 MW of solar power capacity in every province of the country.

Trina Solar, which is based in Changzhou, China, gave no other details, but said the 8 MW sales agreement was to supply PV modules at predetermined prices. Shipments began last month and are scheduled to continue through the end of this year.

In October, the company announced a sales deal with solar distributor PROINSO for 108 megawatts worth of solar panels to boost its market share in Europe.

The company manufactures solar products from the production of ingots, wafers and cells to the assembly of PV modules.

(Reporting by Steve James, editing by Maureen Bavdek)


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