Although analysts can’t agree on whether the solar industry will continue to grow, or fall flat next year, Trina Solar has announced that they will be contributing approximately $800 million over the next three years to the Changzhou Trina PV Park in the southern Jiangsu Provence of China.

By pumping funds into the solar park, Trina Solar hopes to expand production facilities and research and development capabilities to defend their reputation as one of the world’s leading solar energy companies in the production of ingots, wafers, cells, and the assembly of PV modules.

According to a Trina Solar press release on December 27, during a ceremony held at the Changzhou Administration Centre one day earlier, Mr. Jifan Gao, Chairman and CEO of Trina Solar said, “We are pleased to announce the continuing investments in our capacity expansion and R&D within the Changzhou Trina PV Park to meet the increasing global demand for our PV products and brand.” Mr. Gao went on to say, “The investments will also include the establishment of our State Key PV Research Laboratory to accelerate the advancement and delivery of new technologies and products to solidify our position as a global PV industry leader.”

The announcement comes as no surprise due to Trina Solar’s shipment of approximately 1 GW worth of PV modules in 2010, a 151 percent increase since 2009. Having been a leading manufacturer of high quality modules, and having a track record as one of the world’s pioneers in solar technology since the company’s birth in 1997, Trina Solar will use this investment opportunity to further their trailblazing innovations and cost-effectiveness in the solar industry.   0 false 18 pt 18 pt 0 0 false false false /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}

Trina Solar also announced that its wholly owned subsidiary Changzhou Trina Solar Energy Co. Ltd. surpassed the revenue milestone of 10 billion Renminbi in 2010. “We are also proud that our local Changzhou operating entity surpassed the milestone revenue of 10 billion Renminbi for 2010, reflecting our on-going and successful execution of our business strategy and operations growth.” said Mr. Gao as he ended his statement, reinforcing Trina Solar’s proven vertically integrated business model.