Trina Solar (TSL) Comments on EU ProSun Initiative Announcement; Will Continue to Adhere to Industry Practices
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Trina Solar Limited (NYSE: TSL) offers the following statement regarding the EU ProSun Initiative Group's announcement that a formal request was rendered with the European Commission to investigate alleged unfair importation of solar products made in China.
Trina Solar believes that its transactions with customers in Europe were made in accordance with fair trade practices. It has, and will continue to, adhere to prudent and recognized industry practices and standards in the European Union. Trina Solar is confident that these facts will be affirmed with the proceedings.
"Trina Solar's track record of technology innovation has contributed to great value creation for our global and European partners," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar.
"We remain committed to the strong relationships we have developed in the European solar industry and will continue to deliver industry leading solutions together with our customers," added Ben Hill, President of Trina Solar Europe. "Open markets and increased competition have made solar energy in the European Union affordable, contributing to an increasingly diversified European energy mix and progress toward the ambitious EU 2020 climate change targets and 2050 roadmap. Today, the price for solar energy is already competitive with more carbon-intensive energy sources in some areas in Europe. A misguided trade conflict could undermine years of solar industry progress, investment and innovation in Europe," said Mr. Hill.
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Trina Solar believes that its transactions with customers in Europe were made in accordance with fair trade practices. It has, and will continue to, adhere to prudent and recognized industry practices and standards in the European Union. Trina Solar is confident that these facts will be affirmed with the proceedings.
"Trina Solar's track record of technology innovation has contributed to great value creation for our global and European partners," said Jifan Gao, Chairman and Chief Executive Officer of Trina Solar.
"We remain committed to the strong relationships we have developed in the European solar industry and will continue to deliver industry leading solutions together with our customers," added Ben Hill, President of Trina Solar Europe. "Open markets and increased competition have made solar energy in the European Union affordable, contributing to an increasingly diversified European energy mix and progress toward the ambitious EU 2020 climate change targets and 2050 roadmap. Today, the price for solar energy is already competitive with more carbon-intensive energy sources in some areas in Europe. A misguided trade conflict could undermine years of solar industry progress, investment and innovation in Europe," said Mr. Hill.
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