Trina Solar prepares for impact as China prepares to cut PV prices



[ad_1]

"Without an international market, they will be under pressure," said Yin Rongfang, president of Trina's global sales, at Fairfax Media.

Trina estimates her share of the Australian market – her third in Asia – Pacific behind China and India – at about a third. Sales in Australia are expected to reach between 400 and 500 MW this year

As the modules become more commonplace, Trina will offer its customers additional services such as storage, efficiency and management. energy and pre-badembly of power plants. More and more after, said Mr. Yin.

  Global investments in solar energy will be negated by China this year, but other countries will fall a bit behind, according to Bloomberg New Energy Finance

. Bloomberg New Energy Finance says:

Photo: Bloomberg

The evolution of the company is marked by a total workforce of about 15,000 people . has remained stable over the last decade, although capacity has increased more than 40 times compared to 200 MW last year.

Trina sold 36 billion yuan ($ 7.3 billion) last year. 650 million yuan. After its delisting from the New York Stock Exchange in March 2017, the company is now re-registering in Shanghai or Shenzhen, Yin said.

Falling Chinese tariffs could see a "reversal for the first time" Justin Wu, Asia-Pacific's Bloomberg NEF chief, said about solar photovoltaic energy. "This will lead to reductions, and a lot of severe competition."

Still, any decline will likely be tempered by rising demand in other countries, such as India, where falling prices for modules will spur the market.

It's more a slowdown [for the industry] than a major turning point, Mr. Wu.

[ad_2]
Source link