Trina Solar has refuted reports that its manufacturing plans in Malaysia were opposed by government officials, but in the process revealed previously undisclosed details of the scale of its Malaysian OEM module deal.
Trina Solar said that its cooperation with a local Malaysian partner would result in 500MW of module capacity for the company and 400MW available, specifically in 2015.
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Jifan Gao, chairman and CEO of Trina Solar said: “The cooperation with our Malaysian partner is a key part of our localisation strategy in Southeast Asia, and we are pleased to announce that it has been progressing smoothly. Our Thailand facility is also on track to commence production in late 2015 or early 2016, which will add an additional 500MW of module and 700MW of cell production capacity to our production capabilities. Both of these facilities will allow Trina Solar to meet growing global demand for PV modules and have cost-effective manufacturing bases with close proximity to fast-growing emerging markets.”
Trina Solar has guided PV module shipments in 2015 of being in the range between 4.4GW to 4.6GW.
The company has guided capital expenditures in 2015 to be around US$370 million, up from only US$70 million actually spent in 2014 as it aims to boost module capacity to just under 5GW.
Trina Solar had not previously indicated that it was using any OEM services outside China or the extent of the outsourcing.
