Trina in 1GW China framework deal
Trina Solar has unveiled a framework agreement which could see it install 1GW of ground-mount PV capacity and establish a module factory in China’s western Xinjiang region over the next few years.
The deal, signed with the local government of Turpan Prefecture, will see the arrays built in phases over a four-year time frame starting in early 2014, with a 300MW first phase slated for completion by the end of 2014.
Should that first phase receive all the necessary approvals, Trina will also proceed with a module factory of an undisclosed size in the area.
The deal is by far the biggest for Trina’s downstream projects business to date, and underscores the huge role that China will play in bulking up the downstream arms of the country's national PV champions, which have struggled against more experienced Western players like First Solar and SunEdison abroad.
Trina, China’s second largest module maker, last month returned to profitability and unveiled plans to buy and upgrade a 500MW module plant from a lower-tier Chinese rival.
Last week JinkoSolar, another profit-making Chinese PV manufacturer, announced it had successfully brought 80MW of capacity in Xinjiang Uygur Autonomous Region onto the grid – lifting its total downstream build to more than 200MW.
Jinko “aims” to have installed 500MW of capacity globally by the end of 2014, as it, like many other PV manufacturers, looks to project-building as a means to fatten its margins.