Trina Solar Announces New Efficiency Record of 21.25% Efficiency for Multi-crystalline Silicon Solar Cell

Information Technology Press Releases Tuesday November 10, 2015 07:55
CHANGZHOU, China--10 Nov--PRNewswire/InfoQuest

Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that its State Key Laboratory of PV Science and Technology of China has set a new world record for a high-efficiency p-type multi-crystalline silicon (mc-Si) solar cell.

The record-breaking p-type multi-crystalline silicon solar cell was fabricated on a high-quality mc-Si substrate with a process that integrates advanced Honey Plus technologies including back surface passivation and local back surface field. The 156×156 mm2 solar cell reached a total-area efficiency of 21.25%. This result has been independently confirmed by the Fraunhofer ISE CalLab in Germany. This efficiency record breaks the previous 20.76% efficiency world record for mc-Si solar cells also established by Trina Solar one year ago. To set this new record, only low-cost industrial processes which can be easily integrated into large-volume production were used.

"We are very pleased to announce the new efficiency results achieved by our scientists and researchers at the State Key Laboratory of PV Science and Technology. To the best of our knowledge, this is the first time ever that a multi-crystalline silicon solar cell has been able to achieve a conversion efficiency of over 21%," said Dr. Pierre Verlinden, Vice-President and Chief Scientist of Trina Solar. "This exciting result shows that the development path toward higher efficiencies continues to be bright, even for silicon. Our aim is to continuously integrate innovative technological developments to improve the efficiency and lower the cost of our PV products. This technology advancement in efficiency will strengthen our leadership in the PV industry and allow us to continue providing affordable solar power to the world."

About Trina Solar Limited

Trina Solar Limited (NYSE:TSL) is a global leader in photovoltaic modules, solutions and services. Founded in 1997 as a PV system integrator, Trina Solar today drives smart energy together with installers, distributors, utilities and developers worldwide. The company's industry-shaping position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.trinasolar.com .

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance its activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the Company; the Company's ability to operate as a public company; the period of time for which the Company's current liquidity will enable the Company to fund its operations; general economic and business conditions; demand in various markets for solar products; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.


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