LOS ANGELES, March 16, 2012 /PRNewswire-Asia/ -- Trina Solar Limited (NYSE: TSL), a leading vertically integrated manufacturer of solar photovoltaic products, and actor, race car driver, and advocate Patrick Dempsey (as part of Dempsey Racing) today announced a new philanthropic initiative to bring affordable clean energy to communities around the U.S. This will involve donating solar modules to local schools, health clinics, and nongovernmental organizations and building the infrastructure to sustain the investment, including a network of supportive local partners, local installers, and system component providers.
The initiative will also include an educational campaign to increase awareness about the reliability, cost-saving features, and positive environmental impact of solar power. The project builds off Mr. Dempsey's 2011 video, "Plug Me In, Light Me Up," which showcased how solar can help the environment and improve lives. This year, Mr. Dempsey will continue to raise awareness through live appearances, social and digital media, and other communications tools.
"Solar power can be a practical solution to the critical issues facing the nation's population and environment," said Mr. Dempsey. "Solar is ready today to help local communities, as well as to create jobs and new businesses."
Driven by a mission to actively promote the benefits of solar power, Trina Solar will work with Mr. Dempsey to create lasting benefits for the local communities." Trina Solar is committed to leading the worldwide transformation to clean energy by bringing clean solar power to everyone," said Mark Kingsley, Trina Solar's Chief Commercial Officer. "We are proud to team up with Mr. Dempsey, and a multitude of partners, to bring the many benefits of solar power to institutions and communities in need." In 2011, Trina Solar worked in communities across the U.S. and around the globe to provide solar modules to help organizations help others. In the U.S., the company partnered with the Dempsey Racing team to provide a solar panel system to North Carolina's "Victory Junction," an organization that provides a summer camp experience to children with chronic illnesses. Additionally, the company outfitted several Habitat for Humanity homes in Texas. Globally, Trina Solar worked with Innovation Africa to install solar power at the Visezi Medical Clinic in Tanzania, and with several organizations to provide modules for various rebuilding efforts in Haiti, which was recently recognized. Trina Solar's commitment to the environment is further demonstrated throughout its sustainable manufacturing processes and carbon reduction programs. The company's manufacturing processes are ISO certified, have been recognized as an industry model, and have resulted in a nearly 60 percent reduction in energy and water usage per unit of solar power produced. To learn more about Trina Solar's corporate social responsibility practices, visit: www.trinasolar.com/15minutes . About Trina Solar Limited Trina Solar Limited (NYSE: TSL) is a leading manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that have developed a vertically integrated business model from the production of monocrystalline and multicrystalline silicon ingots, wafers and cells to the assembly of high quality modules. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://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 the Company's 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 to 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV