Trina Solar Achieves Milestone in Shipping 3GW of Solar Modules to India

Since its inception in 2010, Trina Solar has successfully built an extensive sales network throughout the country, offering innovative solar PV solutions to developers, distributors, engineering, procurement and construction (EPC) contractors, independent power producers (IPPs), and others.

Trina Solar has announced that it has achieved cumulative shipment of 3GW solar modules in India from 2010 to 2017. This significant achievement has further affirmed Trina Solar’s position as the leading PV module manufacturer and supplier in the country with over 25% market share to date, said the company in a statement.

Since its inception in 2010, Trina Solar has successfully built an extensive sales network throughout the country, offering innovative solar PV solutions to developers, distributors, engineering, procurement and construction (EPC) contractors, independent power producers (IPPs), and others.

Trina Solar is pleased to have hit the 3GW milestone and would like to thank its customers for their commitment and support to the Trina brand. With PV modules operational in several large projects, India remain as one of the most important markets for growth in the region. Trina will continue to play a part in the contribution towards India’s national target of 100GW solar power generation capacity by 2022, said the company.

Recently Trina Solar announced that it has received a top rating in the latest module bankability report, published by Bloomberg New Energy Finance (BNEF). For its global module bankability report, Bloomberg New Energy Finance asked banks, EPCs, independent power producers and independent technical due diligence firms which PV module brands they considered bankable. Quoting from BNEF’s definition, ‘bankable’ means the willingness of a bank to provide a non-recourse loan for a project that uses a specific PV module brand. Banks typically decide whether to make a loan to a PV project if they feel comfortable with the product quality of modules and if the manufacturer is financially healthy, so that it can honor the product warranty. Respondents to this latest survey hold approximately 15GW of financed or owned capacity in PV projects, and more than 100GW under inspection by technical consulting companies.