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[SMM Express] Trina Solar Energy Construction annual output 15GW new project to expand photovoltaic module production capacity
Sep 21,2020 10:46CST
The content below was translated by Tencent automatically for reference.

SMM News: recently, Trina Solar issued an announcement that Trina took the lead in exploring and realizing the integration and system application of mature technology in the field of module technology, which greatly increased the power of components and promoted the photovoltaic industry to promote the 500W +, 600W + ultra-high power era. The company will carry out a high-power and high-efficiency component project with an annual output of 15GW in Changzhou High-tech Zone, with a total investment of no more than 3 billion yuan, of which the equipment investment is no more than 1.5 billion yuan, and the construction is expected to be completed from 2020 to 2023.

Trina Solar believes that with the continuous growth of the global photovoltaic market and the extensive use of technologies such as the Internet of things, big data, cloud computing and artificial intelligence in the energy field, in order to adapt to the new trend of industrial development in time, Trina Solar and its wholly-owned subsidiaries registered in Changzhou High-tech Zone plan to rely on their rich experience in new energy products, design, construction and operation and maintenance services. Expand and strengthen the state key laboratory of photovoltaic science and technology, the most important core scientific research force of the company, and make every effort to expand the field of technological innovation; At the same time, it plans to comprehensively update the production line, upgrade products and technologies in the original site, build a 15GW high-power and efficient component project, and make use of the industrial advantages of Changzhou High-tech Park to obtain maximum economic benefits.

It is reported that on June 10 this year, the company successfully listed on the Shanghai Stock Exchange Science and Technology Innovation Board, becoming the first photovoltaic company listed on Science and Technology Innovation Board covering photovoltaic products, photovoltaic systems and smart energy. The net amount of funds raised by IPO reached 2.31 billion yuan. Prior to this, Trina Solar released this year's semi-annual report, the company achieved operating income of 12.5459389 billion yuan in the first half of the year, an increase of 16.56% over the same period last year. The net profit belonging to the shareholders of listed companies was 492.9678 million yuan, an increase of 245.81% over the same period last year, of which the net profit belonging to shareholders of listed companies after deducting non-recurrent profits and losses was 444.6045 million yuan, an increase of 182.14% over the same period last year.

At present, the company in the domestic Suqian, Yiwu, Yancheng and other manufacturing bases rapid layout of 210mm silicon wafer large-size batteries and components production capacity. Yiwu manufacturing base has become the world's first large-scale production base of ultra-high power components superimposed with 210mm size battery technology. As of the release of the semi-annual report, the company has separately signed Suqian 6GW high-efficiency 210mm large-size module investment project agreement, Yancheng 10GW high-efficiency 210mm large-size solar cell investment project agreement. The company plans to achieve a total battery capacity of about 26GW by the end of 2021, of which 210mm large-size batteries account for about 70% by the end of 2021.

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