LOS ANGELES, Sept 30 (Reuters) - Chinese solar power company Trina Solar landed a sales deal with Kerself S.p.A. for about 73 megawatts worth of solar panels, boosting the company's position in Italy and Europe, the company said on Wednesday.
Under the deal, Trina will ship 23 MW of solar panels, which convert sunlight into electricity, in the fourth quarter of 2009, followed by 25 MW in each of the first and second quarters of 2010.
The companies did not disclose financial terms of the deal.
Kerself S.p.A. develops solar photovoltaic plants in Italy and Europe.
The news comes the same day Trina Solar said it extended by five years its contract to buy polysilicon from GCL-Poly Energy Holdings Ltd, through 2011.
Shares of Trina closed up nearly 1 percent at $32.17 on Wednesday on the New York Stock Exchange.
(Reporting by Laura Isensee; Editing Bernard Orr) Keywords: TRINASOLAR/ (laura.isensee@thomsonreuters.com; Los Angeles Bureau +213 380 2014) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Under the deal, Trina will ship 23 MW of solar panels, which convert sunlight into electricity, in the fourth quarter of 2009, followed by 25 MW in each of the first and second quarters of 2010.
The companies did not disclose financial terms of the deal.
Kerself S.p.A. develops solar photovoltaic plants in Italy and Europe.
The news comes the same day Trina Solar said it extended by five years its contract to buy polysilicon from GCL-Poly Energy Holdings Ltd, through 2011.
Shares of Trina closed up nearly 1 percent at $32.17 on Wednesday on the New York Stock Exchange.
(Reporting by Laura Isensee; Editing Bernard Orr) Keywords: TRINASOLAR/ (laura.isensee@thomsonreuters.com; Los Angeles Bureau +213 380 2014) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
