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Trina Solar Announces Update on 300MW Solar Project in Yunnan

CHANGZHOU, China, Oct. 21, 2015 /PRNewswire/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, is pleased to announce that, to date, it has successfully connected to the grid two thirds of a 300MW ground-mounted solar project in Yunan, China ( the "Project").

As previously announced, through an open bidding process, Trina Solar acquired a 90% stake in Yunnan Metallurgical New Energy Co., Ltd, which has a 300MW project under development in Southern Yunnan province. Once fully operational, the project will become the largest single utility-scale solar power plant in Yunnan and one of the largest in China.

Trina Solar commenced the construction phase of the Project in the fourth quarter of 2014 with the deployment of its self-branded solar PV modules to the barren hills of Jianshui County. After having connected 70MW of modules to the grid in the second quarter of this year, the Company surpassed the 200MW milestone by the end of the third quarter with additional connection of 133MW. The electricity generated from the project is being provided to a local industrial park and to farms located in the surrounding area. The Project is eligible for a 20-year benchmark on-grid tariff of 0.95 RMB/KWh based on the present feed-in-tariff program in China.

"Despite the fact that our Yunnan project is...


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