TRINA(SH:688599) Zhong Guo Jin Rong Xin Xi Wang·2025-11-11 03:28Core Insights - Pacific Green Energy Group and Trina Storage have reached a consensus on the details of their previously signed memorandum for a 5GWh battery storage system collaboration, reinforcing their strategic partnership to support global clean energy transition [1] - Trina Storage, a subsidiary of Trina Solar, emphasizes its commitment to technological innovation and localized services, aiming to expand its global market presence [1] - Trina Storage's CEO forecasts that the quarterly shipment volume will reach 5GWh by Q4 2025, nearly matching the total shipment volume for 2024, showcasing the company's strong delivery and market responsiveness [1] Market Performance - Trina Storage has made significant progress in various regional markets, with North America expected to achieve over 1GWh in project shipments, reflecting a 200% year-on-year growth [1] - In Europe and Latin America, Trina Storage has completed over 1.2GWh in project deployments, while the Asia-Pacific region has solidified its market leadership with a shipment volume of 1.8GWh [1] - The company currently has over 10GWh in hand orders, laying a solid foundation for sustained high growth in 2026 and beyond [1] Technological Innovation - Trina Storage's achievements are attributed to its relentless pursuit of technological innovation, supported by four R&D laboratories and an industry-leading system integration verification platform [2] - The company offers comprehensive verification capabilities across the entire process, from battery cells to AC-side systems, providing safer and more efficient energy storage solutions for global customers [2] - Looking ahead, Trina Storage plans to continue leading with innovation, focusing on market needs and customer-centric approaches, while expanding applications in new scenarios such as AI computing centers and green hydrogen production [2]