Trina Solar announced to restructure its system business unit (SBU). The change is designed to reflect the Company's strategy and ambitions to become a first-tier global player in the downstream business.
Trina Solar's SBU will be split into two separate units: a China SBU and an international SBU. The China SBU will focus on ground-mounted PV power plants in China, including development and sales, engineering procurement construction ("EPC"), and operation & maintenance ("O&M"), and the international SBU will focus on developing PV power plants in key international markets. Following the resignation of Mr. Qi Lin, formerly Company vice president and head of SBU, the Company has appointed Mr. Jiqing Gao, Company vice president, as the head of the China SBU, effectively immediately. He will report directly to Mr. Jifan Gao, Chairman and CEO of Trina Solar.
Mr. Jiqing Gao has been the vice president of Trina Solar's SBU since October 2013. Previously, he was the Company's vice president of the China and Asia Pacific (excluding China), Middle East and Africa SBU from November 2012 to September 2013. Mr. Gao has extensive experience across various departments of the Company, including manufacturing quality management, operations, and research & development.
"I'd like to thank Mr. Qi Lin for his contribution to Trina Solar and wish him continued success in his future endeavors," said Mr. Jifan Gao, Chairman and CEO of Trina Solar. "I am excited about the new SBU structure that will allow us to give dedicated focus to the two strategically important yet very different China and Overseas downstream businesses. Mr. Jiqing Gao is a proven leader with deep knowledge and exceptional business experience in the downstream project development and management, and I am confident our China SBU will achieve exciting growth under his leadership. I believe that the new structure will lay a strong foundation for sustainable growth for our downstream business."
Mr. Jiqing Gao added: "I am extremely glad to be given this opportunity to lead Trina Solar's China SBU, and I look forward to working with the new SBU team as we continue to capitalize on the enormous downstream opportunities available in China and deliver on Trina Solar's growth opportunities."