Raise 5.2 billion yuan plus-code photovoltaic cell capacity Trina solar energy shipments are expected to rise to the second place in the world

Published: Aug 11, 2021 10:42

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[raising 5.2 billion yuan plus-yard photovoltaic cell capacity Trina Solar Energy shipments are expected to rise to the second place in the world] on the evening of August 10, Trina Solar Energy issued a convertible bond announcement saying that the fund-raising would not exceed 5.252 billion yuan. It will be used in Yancheng 16GW high efficiency solar cell project, annual 10GW high efficiency solar cell project (Suqian Phase II 5GW), Suqian (Phase III) annual 8GW high efficiency solar cell project, Yancheng Dafeng 10GW photovoltaic module project, etc. After the completion of these projects, Trina Solar will increase its annual production capacity of 29GW solar cells and 10GW modules.

"the implementation of this convertible bond project is the result of the company's continuous efforts in recent months, and the funds raised will be used to expand production for many of the company's projects, which is also optimistic about the future of the photovoltaic market." Trina Solar Energy (688599.SH) related sources told the Financial Associated Press.

On the evening of August 10th, Trina Solar issued a convertible bond announcement that the fund-raising will not exceed 5.252 billion yuan and will be used for Yancheng annual 16GW high-efficiency solar cell project, annual 10GW high-efficiency solar cell project (Suqian Phase II 5GW), Suqian (Phase III) annual 8GW high-efficiency solar cell project, Yancheng Dafeng 10GW photovoltaic module project, etc. After the completion of these projects, Trina Solar will increase its annual production capacity of 29GW solar cells and 10GW modules.

According to a reporter from the Financial Associated Press, Trina solar modules are mainly 210. thanks to the trend of "demand growth + permeability improvement of large-size components" in the photovoltaic industry, it is expected that the new installed capacity in the industry will reach 160GW, 200G and 240GW respectively from 2021 to 2023. So far, Trina Solar's 210 supreme series of components has signed more than 12GW, and the company plans to reach 50GW by the end of 2021, of which 210 batteries and components account for more than 70%.

According to the latest ranking of global photovoltaic module shipments released by PV InfoLink in the first half of 2021, Longji shares (601012 SH), Trina Solar Energy and Jing O Technology (002459 SZ) ranked in the top three. Trina ranked third in the ranking for the whole of last year and rose to second in the first half of this year.

According to Zhejiang Securities Research report, Trina Solar components shipments are expected to reach about 30-35GW in 2021. With the increase of the company's component production capacity, Trina Solar is expected to return to the second and 210th place in global photovoltaic module shipments in 2021 after 2016.

Photovoltaic silicon power generation production capacity

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