Trina Solar (TSL) Announces 35MW Supply Deal With Fotowatio

Trina Solar (TSL) is announcing this morning a 35MW solar modules supply deal to a subsidiary of Fotowatio Renewable Ventures.  The modules will be shipped beginning in Q2 and continue through the rest of the year for a solar project outside Austin, Texas.

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"We are excited to announce our continued collaboration with FRV, a leading global solar industry player, on one of the largest solar photovoltaic projects in the United States," said Ben Hill, Vice President, Sales and Marketing of Trina Solar. "We are pleased to combine our high-wattage, utility scale modules and premium service to deliver cost-effective PV solutions as we expand our strategic relationship with FRV."

Shares of TSLA have been fairly week in recent weeks and probably need to retest major support around the 200 day moving average around the $26 level.   Shares are down again today despite the positive news.

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