Trina Solar Joins Chinese Peers With Major Expansion Plans

May 31, 2023 07:46 AM ET
  • Trina Solar joins fellow Chinese solar titans Longi and Jinko Solar to introduce major new expansion plans.

In an announcement the other day, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and associated facilities in China's Sichuan district. The Changzhou headquartered company has actually been a major gamer in the solar market because its inception in 1997, spreading out right into trackers and more in recent times.

To be found in the Shifang Economic Development Zone, the project is anticipated to be prepared in 12-months with an annual production capacity of 25 gigawatts of monocrystalline bars.

Monocrystalline bars are made from high-purity silicon by repeated melting, crystallizing, as well as illustration, and have a high level of purity and total crystal framework. They are made use of in solar cell production.

The announcement by Trina Solar complies with a recent announcements by Jinko solar, Longi and also numerous various other top Chinese producers that have actually revealed major expansion plans in recent months. Actually, the broader solar supply chain in China has actually been extended with new orders after a short lull in 2022, with capacity expansions and fresh participants entering the booming market.

2023 has stimulated a race around the world for solar manufacturing, as strategies throughout China, India, Europe, the United States as well as also Australia and also the center east are pressed in the direction of neighborhood manufacturing, China, as the global leader by a range has actually seen its well-known firms relocate quicker, thanks to their more powerful neighborhood supply chains in addition to experience with plants at scale, that couple of various other firms around the world have.

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