On April 12th, Trina Solar (Changzhou) Science & Technology Co. Ltd., a subsidiary of Trina Solar Co. Ltd. (“Trina Solar”), joined Guangzhou Great Power Energy & Technology Co. Ltd. (“Great Power”) in a signing ceremony in Jintan County, Changzhou, Jiangsu Province. The two companies announced the founding of a Joint venture - Jiangsu Tianhui Lithium Battery Co. Ltd., a 2 GWh-capacity manufacturing company which will engage in R&D, production and sales of lithium-ion batteries dedicated to energy storage systems (ESS).
“As technology has advanced, photovoltaic modules are already 1/20 the cost of what it was when first emerged. In many countries around the world, the cost of photovoltaic power systems is now even cheaper than that of fossil fuels. Meanwhile, China’s photovoltaic products and systems are becoming reasonably priced” said Gao Jifan, Chairman and CEO of Trina Solar. “ Energy storage is a key technology for making photovoltaic and other renewable energy sources stable and reliable. As the backbone of the future energy scheme, with technical improvement and cost reduction in future, energy storage shall meet massive market potential. Rooting in ESS for 5 years, Trina Solar is now constructing a smart Energy System which integrates power generation, energy storage, smart power distribution and smart O&M. We are dedicated to establish a world’s leading lithium battery manufacture base through the joint venture and cooperation with Great Power.”
“Promoting clean energy is the shared vision of both companies,” said Xin Xiade, Chairman of Great Power. “We will give full play to our respective advantages including Guangzhou Great Power’s accumulation of battery technology, Trina Solar's global user resources and the manufacturing and R&D experiences of both companies. Together, we will produce internationally-competitive energy storage products, helping to provide a solution to meet the world’s ever-increasing demand for new energy.”
The founding of Jiangsu Tianhui Lithium Battery Co. Ltd. marks a major milestone for Trina Solar in the field of energy storage. It is also a significant step for Trina Solar in its journey to the world’s leading smart energy total solutions provider.
About Trina Solar
Trina Solar is a leading global total solutions provider for solar energy. Founded in 1997, Trina Solar develops proprietary smart PV solutions for large power stations as well as commercial and residential solutions, energy storage systems and photovoltaic modules. As the world's leading provider of smart energy solutions, Trina Solar has taken the lead in evolving into a brand in the world of energy IoT (internet of things) and is committed to becoming a global leader in this new and emerging sector.
For more information, please visit www.trinasolar.com.
About Great Power
Guangzhou Great Power Energy & Technology Co., Ltd. is a leading global supplier of portable power. Its main products include rechargeable batteries such as Ni-MH, Ni-Cd, Polymer Li-ion and Li-ion, battery packs, primary batteries like Li-Fes2, Li-MnO2 and Li-SOCl2, and chargers with daily output around 700,000pcs, and the production process is implementing ISO9001:2000 Standard to guarantee the quality and stability of our products. By now, its products and battery recycling systems have already passed CE, UL, and SGS international tests.
For more information, please visit www.greatpower.net/index_en.aspx