Trina Solar CEO: 2010 Shipments to Rise 136% YoY

Trina Solar (NYSE:TSL) expects to record aggregate deliveries of 930-940MW this year, roughly the limit of its output capacity for the year, company Chairman and CEO Jifan Gao told yicai.com. The predicted shipment volume represents a 135.6% y-o-y increase from the 399MW of shipments recorded last year, the report said.

Trina Solar expects to have cell and module capacity of 1GW and to generate annual sales revenues of RMB 10 billion by the end of 2010 after conducting a 500MW capacity expansion project with an investment of $500 million.