On July 31, Trina Solar Limited announced that it will supply 258 MW of PERC single crystal double-glass components for the largest private PV project in Vietnam. The plant is located in Panlang-Tazhan, the capital of Ningshun Province, Vietnam. The investor is the famous trung Nam group of Vietnam's investment company, the project is scheduled to be completed by June 30, 2019.
The entire power station covers an area of 3,960 mu with a total investment of 1.45 billion yuan. The project not only has a huge demand for photovoltaic products, but also the first wind and solar power generation project in Vietnam, which is of great significance to the transformation of renewable energy in Vietnam. As a component supplier. The standout of Trina Solar also shows that the company is recognized for its product quality, supply chain management and core competitiveness in the Asia Pacific market.
At the signing ceremony, the head of the Trung Nam Group stated that Trung Nam is particularly cautious about the choice of suppliers as the Group's first photovoltaic power generation project. The partners are in the industry's top level in terms of technology, products and raw materials.
Yin Rongfang, vice president and global sales & marketing leader of Trina Solar, said: 'I am very honored to join hands with Vietnam's Trung Nam to participate in this benchmark Vietnam comprehensive renewable power generation project. It marks Trina Solar It is another important step in emerging markets. We are very familiar with the Vietnamese market, not only have a 1 GW battery production base, but also many new projects are being followed.
He said that in the future, the Vietnamese market will see more products branded with 'Tianhe Solar Energy Manufacturing', which will also add to the sales of Trina Solar in the Asia Pacific region.
Infinity also said that as the world's top component manufacturer, Trina Solar has established a strong overseas sales and operation team, the products are sold in more than 100 countries around the world, and the total shipments exceeded 32 GW by the end of 2017. Ranked first in the world.
In 2017, Trina Solar's global shipments are as high as 9 GW or more, and more than 60% are from overseas markets. 'This year, in addition to traditional markets such as Europe, sales continue to grow, our products are in the Middle East, Latin America, Asia Pacific. The same place is also very popular, showing a strong development trend. Emerging markets have been reported frequently, and orders in hand have surpassed expectations. 'In the third quarter of this year, Trina Solar's components continue to sell well all over the world. At present, all production bases at home and abroad are in Full production, products are in short supply, and efforts are being made to improve supply capacity.
Although the '531' new policy has reduced the demand for photovoltaic and ground power plants in China, due to the global strategy of Trina Solar, the long-term strategic deployment capability of overseas and the two-way balance strategy between traditional and emerging markets are in place. The company can better control risk, not only reduce the impact of the local market new deal and the trade wars of relevant countries, but also continue to exert strong manufacturing and market development capabilities to achieve various value chains, especially foreign emerging markets and overseas supply. The benefits of the chain continue to enhance global competitiveness.