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Trinasolar Sees Growing Opportunity For Hybrid Solar Projects in Southeast Asia

Business

Trinasolar Sees Growing Opportunity For Hybrid Solar Projects in Southeast Asia
Business

Business

Trinasolar Sees Growing Opportunity For Hybrid Solar Projects in Southeast Asia

2024-08-14 13:41 Last Updated At:14:05

KUALA LUMPUR, Malaysia, Aug. 14, 2024 /PRNewswire/ -- Trinasolar, a global leader in smart photovoltaic (PV) and energy storage solutions, is poised to leverage the success of Malaysia's largest hybrid solar project to expand similar initiatives across Southeast Asia, recognizing substantial potential in the region.

In Southeast Asia, rapid economic development and increasing energy demands are often coupled with limited land availability. Floating solar presents an attractive solution by generating clean energy without using valuable land space. Additionally, floating solar installations can reduce water evaporation from reservoirs and benefit from higher production efficiencies due to the cooling effect of water. However, engineering and construction costs are usually higher than those of a round-mounted solar farm. Hence, hybrid solar farms present the best of both worlds for grid-scale solar farms.

One such successful application is the 100MWac hybrid solar farm - owned and developed by Malaysian company Cypark Resources Berhad (Cypark Resources) – is located in Merchang, a coastal town in Malaysia's northeastern state of Terengganu. Commercially operational (COD) on 9 June, this innovative plant is projected to generate enough clean energy to offset 202,024 tonnes of CO2 emissions annually.

As stated by Dato' Ami Moris, Executive Chair of Cypark Resources Berhad, "This is Malaysia's largest hybrid solar power plant consist of 35MW floating solar panels on the water surface and 65MW solar panels installed on land. This demonstrates Cypark's ability to integrate solar power plant development with the natural environment of Terengganu, which is susceptible to flooding."

Elva Wang, Head of Southeast Asia at Trinasolar commented, "This complex project's successful operation is a testament to its design and implementation. We foresee significant opportunities in Southeast Asia for large-scale hybrid solar projects, integrating both floating and ground-mounted installations. We look forward to continuing our collaboration with Cypark Resources and appreciate their trust in Trinasolar for this ambitious project aligns with Malaysia's goal of achieving a 70% renewable energy mix by 2050."

The versatility of Trinasolar's Vertex modules was crucial for the project's success. The 35MW floating solar segment, situated on a lake near the sea, faces high humidity and salt-laden conditions. The Vertex modules' dual-glass design ensures resistance to harsh environments. TÜV Rheinland, a global leader in independent testing, has recognized the Vertex modules for their performance under these challenging coastal conditions.

The bifacial nature of the Vertex modules allows for sunlight capture from both sides, enhancing energy generation. This feature is particularly beneficial for the ground-mounted system, where the white sandy soil creates a strong albedo effect, reflecting light to the module's underside.

"This project is a clear demonstration of the potential for hybrid solar projects in the region," Wang concluded. "We look forward to driving more such initiatives and contributing to Southeast Asia's renewable energy ambitions."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Trinasolar Sees Growing Opportunity For Hybrid Solar Projects in Southeast Asia

Trinasolar Sees Growing Opportunity For Hybrid Solar Projects in Southeast Asia

GUANGZHOU, China, Oct. 14, 2024 /PRNewswire/ -- The 136th China Import and Export Fair (Canton Fair), set to take place from October 15 to November 4 in Guangzhou, China, will feature new records in exhibitors and activities. Spanning three phases with both online and onsite exhibition, the Fair aims to serve high-quality development and promote greater opening up.

Covering a total exhibition area of 1.55 million square meters, the Fair will feature approximately 74,000 booths organized into 55 exhibition sections. Over 30,000 companies are participating in the onsite exhibition, including 29,400 export companies, an increase of nearly 800 from the previous session. Among them, nearly 4,600 are first-time exhibitors.

Continuing its commitment to digital innovation, the Canton Fair will introduce 18 new functions for online attendance, including virtual avatars and Canton Fair App. The online exhibition has expanded significantly, with about 48,000 enterprises showcasing around 3.75 million products—marking a 60% increase in the number of companies and a 50% increase in products compared to the last session, aiming to promote brands globally through innovative ways such as dedicated product launches and live streaming.

The Fair will also host over 750 trade promotion events, marking a new milestone. These diverse activities aim to help companies gain insights into industry trends and international market dynamics, thereby enabling precise trade collaborations that align with business needs. Furthermore, the Fair will partner with global entities and leading multinational corporations to organize over 250 "Trade Bridge" matchmaking events across 65 countries and regions, including the United States, France, Brazil, Indonesia, Kenya, Australia and more. Around 400 Canton Fair New Collection Events will also take place, spanning 13 industries such as industrial manufacturing, electronics, home appliances, vehicles, and fashion.

Chu Shijia, Secretary General of the Canton Fair and Director General of the China Foreign Trade Centre, noted that as of October 9th, 125,000 overseas buyers have pre-registered for the 136th Canton Fair. 223 top global retailers have confirmed their participation, representing a 24% increase compared to the same period of the previous session. The attendance of overseas buyers underscores the global business community's trust in Chinese products, and the Canton Fair remains a vital bridge between Chinese manufacturers and global markets.

For more information about the Canton Fair, please visit https://www.cantonfair.org.cn/en-US

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

136th Canton Fair to Boost Global Trade with New Records in Exhibitors and Activities

136th Canton Fair to Boost Global Trade with New Records in Exhibitors and Activities

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