Operator: James Medvedeff, Cowen.

James Medvedeff - Cowen: I just have a couple of question on the cost side. What is your grams per watt these days?

Terry Wang - CFO: It's about 5.4 grams.

James Medvedeff - Cowen: Can you say what the cost of – what your average cost of purchase of silicon was in the quarter?

Terry Wang - CFO: We just said that it's about $0.10 per watt and non-poly silicon is about like $0.51.

James Medvedeff - Cowen: So I can do the math and figure out what you're paying per kilogram right?

Terry Wang - CFO: Right. The other thing, the carrying costs from inventory from last quarter that's going to add few cents on top.

James Medvedeff - Cowen: What about internal wafer conversion?

Terry Wang - CFO: I may have...

Zhiguo Zhu - SVP and President of Trina Solar's Module Business Unit: (indiscernible) cost is just about $0.10, then the cost of our (position) to wafer, we have cost (indiscernible) another $0.10 driven (indiscernible) $0.11 or $0.12...

James Medvedeff - Cowen: Finally on the frameless product, is there a cost benefit for you for making the modules without frames?

Jifan Gao - Chairman and CEO: We (indiscernible) cost effective without a frame and because (indiscernible)

Zhiguo Zhu - SVP and President of Trina Solar's Module Business Unit: Frameless is made of aluminum (indiscernible) cost of –

Jifan Gao - Chairman and CEO: (indiscernible) cost for modules.

James Medvedeff - Cowen: The question is, not having to have the materials for the frame itself as opposed to having what would presumably be a more complicated or more expensive production process, is – am I thinking about that correctly?

Zhiguo Zhu - SVP and President of Trina Solar's Module Business Unit: Yes, most (indiscernible), this is the new technology; it is not really cost reduction. Actually, this (indiscernible), that means this (cut glass) can be used in very wet climate place, also (anti-fire) like this (anti-fire we called) Class A modules, so that's a new technology. Our glasses' thickness is about 2.5 millimeter. Trina was the first company who can domestic produce these kind of products that's where we already signed two megawatts contract of this kind of products and hence were welcome by market. Those are not really product concern as there is new technology used and they are not making (indiscernible).

James Medvedeff - Cowen: I appreciate it and congratulations and we’ll talk again soon.

Operator: Satya Kumar, Credit Suisse.

Brandon Heiken - Credit Suisse: This is Brandon Heiken speaking on behalf of Satya. I was wondering if you could talk about your expectations for tariffs that maybe pending in Europe and India -- again shipments and how you made deal with those potential tariffs?

Terry Wang - CFO: Yeah, for those tariff initiative of those two regions and we are fully aware of that and within the Company we fully prepare and ready and monitoring the progress and the step the way and every step that way. So but that’s due in the process hence European commission right now if few view in the case and we do see that right now the – we’re making progress with our people in Europe and to talk and say that with our partner Alliance to communicate with them. So you’ve indicated that by impose tariff we’ll – we heard actually in solar sector market in Europe. So I think that’s the message being closed and you can see that the news indicated in a couple of days ago talking, if Europe imposed the tariff on Chinese modules, that might cause the quarter million workers unemployed. So I think that the message has been closed. We watch that carefully and monitor what's going to be – look like in the near future. India saying in case of worst scenario and things come out we have other backup plan to be able to deal with those consequences.