PV manufacturer Trina Solar has announced the establishment of the Changzhou Trina International School as part of its 2012 CSR strategy. Alongside the Changzhou New District Government and the Changzhou Education Bureau, it is estimated that Trina Solar will invest an estimated US$11.9 million for an approximate 31% equity stake.
The international school is aimed mostly at expatriate families as well as students from within Jiangsu Province who have demonstrated outstanding academic achievement. Fees range from RMB 80,000 per year for kindergartens and RMB 10,000 per year for primary school. The private school will provide international curricula for kindergarten, elementary, middle school and high school students and is expected to open in Autumn 2012.
“We are extremely proud to be involved in the establishment of the Changzhou Trina International School, which will help to educate young people and promote academic excellence in an environment of cultural diversity,” said Jifan Gao, chairman and CEO of Trina Solar. “This non-profit venture will meet the educational needs of the children of the foreign expatriate community, as well as outstanding students from the province.
“We believe the school's establishment will offer Trina Solar a strategic competitive advantage in attracting and retaining first class solar industry management over the long term, as well as R&D talent to complement the opening of our National PV Research Laboratory within our Changzhou Trina PV Park.”