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Trina Solar signs $158 million deal with Greenergy

http://www.forbes.com/feeds/ap/2008/06/30/ap516802 [2008-7-1]

Tag : Solar Modules

Chinese solar company Trina Solar Ltd. said Monday it signed a $158 million deal to supply solar modulesto GreenergyCapital SpA's ERGYCA Power over the next three years.
Specific terms of the fixed-price agreement were not disclosed.
GreenergyCapital Chief Executive Luca D'Agnese called the deal "themost important long-term agreement" concerning his company's solarmodule supply. The Milan, Italy-based investment company invests ina range of renewable-energy and energy-saving products.
Trina shares rose $1.01, or 3.3 percent, to $31.72.

Copyright 2008 Associated Press. All rights reserved. This materialmay not be published broadcast, rewritten, or redistributed.

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