Founded in 1997 in China, Trina Solar is mainly involved in research and development, production and sales of PV modules, PV power generation, operation and maintenance service, as well as the operation of energy cloud platforms - committing to lead the way in smart solar energy solutions for a netzero future. From its inception, Trina Solar has broken 25 world records in terms of PV cell efficiency and module output power, and has exceeded 120GW of cumulative shipments of PV modules, worldwide. Today, Trina Solar's global footprint reaches over 100 countries where they sell their innovative product line, including India. During a conversation with Nitisha; Gaurav Mathur, India Head, Trina Solar share his future plans and upcoming offerings.
Kindly talk about Trina Solar and its current projects in India.
Trina Solar is a market leader in solar panel manufacturing with a strong global presence. It was founded in 1997 in China and gradually expanded to more than 150 countries. In the first quarter of 2023, Trina Solar shipped more than 65GW 210mm modules globally - ranking us first with a market share of over 50%. In India, we entered the market in 2010, and ever since, we have shipped over 8GW of solar modules - accounting for almost 10% of India's total installations.
This year, we have signed agreement worth over 1GW of solar capacity that helps us to boost our market share in India, especially within the utility-scale segment. For instance, we recently concluded a project with a leading solar company in India supplying modules worth 160 MW. Having said that, our business in the commercial and industrial (C&I) segment is also gaining traction. We are seeing an increased demand for our solar modules in the MSME sector - textile industry, to be particular, from the western part of India.
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