By midmorning, shares had added 4.5% to $15.66.
The Changzhou-based business signed with Jordanian food storage and logistics provider Fresh Fruits Company for a 2MW rooftop solar power plant installed on the company's stores and warehouses. The project will mark the first mega-scale rooftop solar structure in Jordan.
Construction is scheduled for March with project completion expected in the third quarter of 2014.
"Our successful selection as the EPC provider for this project demonstrates our ability to develop large-scale projects in the Middle East," said Trina Solar CEO Jifan Gao in a statement.
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TheStreet Ratings team rates TRINA SOLAR LTD as a Hold with a ratings score of C-. The team has this to say about their recommendation:
"We rate TRINA SOLAR LTD (TSL) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins."