Trina Solar, providers of photovoltaic (PV) modules, solutions and services, announced it has now earned 20 percent market share in India in 2015.
The company has shipped more than 1 GW of solar modules in India since its entry to India at the end of 2010.
Trina Solar perceives great market potential in India, so it is an integral part of the company’s expansion strategy in South Asia.
In June 2015, the Ministry of New and Renewable Energy (MNRE) revised its cumulative solar installation targets under its National Solar Mission to 100GW by 2022, aiming to surge ahead in the field of green energy.
According to the MNRE, the total capacity of solar energy in India stood at approximately 5.8GW as of March 2016.
Helena Li, company vice president, regional head of Asia Pacific and Middle East at Trina Solar, said, “With all modules fully operational in various projects in the region, Trina Solar’s fleet could power an estimated 4.2 million homes in India and offset 1.4 million tons of carbon emissions annually when compared to traditional coal generation.”
“1 GW is just a start, and we will continue working diligently to further expand and diversify our client base in the broader region based upon our existing sales network to strengthen our footholds in all segmented markets, while contributing to greenhouse gas emission reductions in India,” Li added.
Rajani Baburajan