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Trina Solar Co., Ltd. launched an agricultural photovoltaic project in Japan, promoting the collaborative development of wind power and agriculture.
Kyoto, Japan, August 26, 2024 / PRNewswire / -- Trina Solar Co., Ltd., a global leader in smart photovoltaic (PV) and energy storage solutions, is pleased to announce the successful commercial operation of its latest agricultural photovoltaic project in Fukuchiyama City, Kyoto Prefecture. Developed by the company's International System Business Unit (ISBU), this project is specifically designed to produce and deliver utility-scale solar projects for the global market. This large-scale project is an important milestone for the company's operations in the Japanese market, showcasing the potential of agricultural photovoltaics in integrating renewable energy production with agricultural activities.
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Pacific Securities: Promoting parity between photovoltaic and energy storage, quoting and profits are expected to see a turning point.
As the interest rate cut cycle begins, overseas production capacity construction accelerates, and geopolitical tensions ease, supply and demand will be rematched in 2025. At the same time, with the accelerated deployment of photovoltaic energy storage parity worldwide, the photovoltaic industry will usher in a new upward cycle.
Trina Solar Co., Ltd. (688599.SH): The fastest-growing business in the company's future is expected to be energy storage business.
Trina Solar Co., Ltd. (688599.SH) stated during a specific survey that its fastest-growing business in the future is expected to be the energy storage business. The energy storage industry is on a fast-growing track, and it is expected that the global market space for energy storage can reach 600GWh by 2029. Trina Solar has significant channel advantages in the energy storage business field, and its energy storage products have obtained comprehensive certification overseas. It is expected that overseas orders for energy storage business will significantly increase this year, and overseas sales ratio will continue to increase in the future. Currently, Trina Solar has conducted research and development in energy storage technology and global marketing network layout.
Trina Solar Co., Ltd. (688599.SH): Currently, the company's N-type production capacity has reached 70GW, and there is no need for further large-scale expansion of production capacity.
Trina Solar Co., Ltd. (688599.SH) stated during a site visit on August 6th that it has put into operation 30GW of TOPCon cells and components in the first half of this year, which are all projects that started construction last year. Currently, the company's N-type capacity has reached 70GW and there is no need for large-scale expansion of capacity. The projects to be put into production in the second half of this year include a 1GW battery and component project in Indonesia and a 5GW component project in USA. In the future, the company will also make prudent investments according to the industry situation, and in the short term, will only carry out moderate and precise capacity layouts overseas, with small investment scale referring to the Indonesia battery component project.
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