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Trina Solar acquires Nclave

Time: 6/21/2018 10:55:45 AM                       Publisher: Staff

Trina Solar Limited ("Trina Solar" or the "Company") announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. ("Nclave"), the world's leading solar tracker system manufacturer. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar's strategic transformation from a leading PV product supplier to a global smart PV solution provider. The acquisition also marks another solid step towards Trina Solar's strategic transformation into an enterprise focused on the development of alternative and renewable energy solutions that work in concert with the Internet of Things ecosystem.


With the acquisition, Trina Solar's latest TrinaPro smart PV solutions will directly incorporate Nclave's tracker products and engineering designs, while Nclave's leading-edge technologies will also be deeply integrated into Trina Solar's smart solutions.


Headquartered in Madrid, Spain, Nclave is one of the world's first solar tracker system producers. The company has more than 12 years of experience in the development, engineering, design and production of solar trackers, with global shipments reaching 2.5GW. With highly reliable products, advanced technologies and best-of-breed engineering and design abilities, Nclave continues to strengthen its foothold in the international market, with a business presence in more than 20 countries on five continents.


Nclave's businesses range from the engineering, design and manufacturing of solar trackers, to installation guidance, on-site project management and operation as well as training in equipment maintenance. The company's leading products include one axis single row tracker and one axis multi row tracker. Its design for core parts and structures have received multiple international patents.


About Trina Solar Limited

Founded in 1997, Trina Solar is one of the first Chinese solar companies listed on the New York Stock Exchange. As of the end of 2017, Trina Solar's total module shipments had exceeded 32GW, ranking first in the world. Trina Solar has recently developed TrinaPro, a proprietary utility-scale smart PV solution for large power stations as well as commercial and residential solutions, energy storage systems and photovoltaic modules. As the world's leading provider of integrated solar 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.

Source:Trina Solar


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