By the end of September 2015, Trina Solar has delivered over 15GW of solar modules to the world. The company was pleased to announce the milestone and aims to provide more high efficiency solar products from its facilities around the world.
Trina Solar shipped the first solar panel in 2005. During the past decade, the company has grown as one of the world’s leaders with around 4.8GW of annual PV module production capacity in 2015, according to EnergyTrend’s research. Trina Solar expands its global presence in key markets by offering quality-recognized products and strong sale networks. Its market share has increased from approximately 1% in 2005 to 10% in 2015.
Trina Solar currently deploys PV cell and module production lines mainly in China. It expects totaling 5.5~5.6GW of PV module shipment in the full year 2015. Furthermore, the solar panels shipped by Trina Solar represent solar installations that are able to offset approximately 18 million tons of CO2 annyally given that each module is fully operational, equivalent to planting around 13.3 billion square meters of trees.
"We are extremely pleased to have reached the 15GW milestone in 2015 alongside our significantly increased global market presence,” said Mr. Jifan Gao, Chairman and CEO of Trina Solar. He added that the company is to strengthen its financial discipline in managing its balance sheet by carrying out an asset light strategy when making capacity investments.
Trina Solar ambitiously expands its global allocation. EnergyTrend’s data shows that it plans to add approximately 1,200MW of cell capacity and 1,000MW of module capacity in China, Thailand and Malaysia. It also signed a development contract to set a 2GW PV cell/module manufacturing facility in India as part of the strategic partnership with the Indian government.
“I believe our commitment to providing affordable, clean and renewable energy to all people around the globe will allow us to achieve our mission of benefitting mankind with solar energy,” stated Mr. Gao, regarding the company’s vision to the solar PV industry and the earth.
(Photo Credit: Trina Solar. Chinese characters on the graphic: "Solar power benefits the mankind.")