December 1st 2016 -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, has supplied 8.8 MW of PV modules to Citus Power as part of one of the largest solar projects in Turkey. The Yahyalı Solar Power Plant was connected to the grid in August 2016 and will generate 12,500 MWh of electricity per year – enough to power 2,000 homes.
33,800 Trina Solar multicrystalline 260 W 60-cell Honey modules (TSM-PC05A) have been installed to power the solar PV plant, which is one of the 10 largest solar projects in Turkey. The plant is situated in Yahyalı, in Kayseri province in Central Anatolia on a 160,000 m2 (40 acres) site and was developed by renewable energy specialist Citus Power, which also assumes the EPC role for the project.
Financed by the Türkiye Finans Participation Bank, the project’s planning phase started in late 2014, and Citus obtained the approval from TEDAŞ (Turkey Electricity Distribution Company) in 2015. Trina Solar provided the solar modules for the various installation phases from Q4 2015 until Q2 2016.The installation of the project was completed in summer 2016 and connected to the grid in August. The generated power will be sold to the Turkish state for the first 10 years under the applicable FIT mechanism.
“At Citus Power, we are investors in our own projects. We develop, design, construct and operate wind and solar power projects. In every step of these initiatives, our vision and aim is to work with partners who have a proven track record as being amongst the best in their profession. In line with this philosophy, we decided to work with Trina Solar on this significant solar project,” said Cihan Kıykaç, Business Development Director at Citus Power. “Trina Solar’s renowned quality and module performance, as well as their leading position amongst the Tier 1 manufacturers, were key factors in our decision. Their financial strength also makes them a reliable partner for a long-term investment from a warranty point of view.”
“We are very happy to cooperate with the highly professional team of Citus Power for such a large-scale, groundbreaking project in Turkey’s developing solar market”, said Doruk Özülü, Country Manager Turkey at Trina Solar. “We are grateful to Citus Power not only for selecting our modules, but also for a great team effort in bringing the project to fruition. Their local experience in commercial, technical and legal matters has been instrumental in helping us to supply our solar modules to the Turkish market more effectively.”
About Citus Power
Citus Power started developing wind projects in 2013 and subsequently got involved in solar project development. In mid 2015 we exited our wind projects totaling 217MW to a foreign investor. Citus Power is not only developer of projects but also investor its own solar and wind projects. Citus Power consists of experienced team of solar and wind project developers with a proven track record of developing, constructing and operating. For more information, please visit www.cituspower.com.
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.trinasolar.com.
Contact
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Michael Katz
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michael.katz@trinasolar.com
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