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Despite recent wide-reaching changes to feed-in tariffs on solar installations, the growth of the RE100 initiative and the UK government’s maintained commitment to hitting its renewable energy targets mean that opportunities for photovoltaic (“PV”) installers remain, with PV still having a significant role to play. This is according to Trina Solar (NYSE:TSL) (“Trina Solar” or the “Company”), a global leader in PV modules, solutions and services.

The pressure on businesses to move to clean energy, both in terms of cost savings and CSR requirements, mean that the trend for global renewable energy adoption is set to continue. RE100, the global initiative committed to ensuring organisations around the world commit to becoming carbon-neutral by 2020, is a key example of this: a range of multinational companies, including Ikea, Coca-Cola Enterprises, Google and Nike, have signed up to its pledge. By setting a target of procuring 100 per cent of their electricity from renewable energy sources by a specified date, these organisations are making a bold statement about their commitment to clean energy.

Richard Rushin, Senior Sales Manager Northern Europe at Trina Solar, commented: “RE100, combined with the UK government’s desire to maintain its renewable energy targets, mean there are a lot of opportunities for PV installers. With the need to embrace renewable energy sources guaranteed to be a constant concern for businesses and governments in the coming years, alongside CSR duties, there is still a great deal of life in the PV market.

“Although some of these major multinational companies might seem out of reach to the average installer, they will inevitably be working with a large number of suppliers, who will be partly responsible for helping to achieve these renewable energy targets.”

To illustrate solar PV’s continued role in the renewable energy revolution, a recent report by the International Renewable Energy Agency (IRENA) has predicted that the share of global electricity generated by solar PV could increase from two per cent today, to around 13 per cent by 2030. In addition, investment in rooftop solar PV reached $67 billion in 2015, underlining its worldwide significance.

Rushin added: “Even in a UK without the feed-in tariffs of old, IRENA’s report predicts a bright future for the industry. Installers can leverage the growing success of RE100, and the general worldwide increase in solar PV adoption, to continue to grow their businesses. Targeting the SME sector for commercial rooftop opportunities would be a good way for installers to focus their resources, with cash-strapped small businesses eager to maximise cost savings while reducing their carbon footprints.”

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-leading position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. For more information, please visit www.dgfurong168.com.

Safe Harbour Statement 
This announcement contains forward-looking statements within the meaning of the safe harbour 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.