Thanks to this deal, which will start in 2009, Nitol Group will supply Trina Solar with enough virgin polysilicon to produce over 200MW of modules in the next five years. The Russian company is at the moment ongoing the construction of a polysilicon production facility.
''The cooperation with Nitol will enhance our production capabilities in the coming years and further our expansion goals,'' said Mr Jifan Gao, Trina Solar's Chairman and CEO. ''Trina Solar has a great deal of confidence in the success of Nitol's polysilicon production capabilities, as Nitol has the potential to become one of the top global manufacturers of polysilicon.'', he added.
''The Nitol team is very pleased to work with Trina Solar as a long-term partner,'' added Mr Dmitry Kotenko, CEO of Nitol. ''Trina Solar is one of the leaders in the PV industry due to its vertically integrated business model and its experienced management team and we intend to grow our business more rapidly with Trina Solar as a customer.'', he added.
For additional information:
www.trinasolar.com
www.nitol.ru