Trina Solar has contracted with Linuo Solar Power in China to supply the company with 23 megawatts of photovoltaic modules, according to a company statement. The 92,000 Trina Solar modules will be installed in Linuo's distributed generation solar power project in the Shandong province. The modules will cover approximately 5,381,900 square feet of rooftop and will be shipped by the end of June.
The solar plant is expected to generate 2,990 kilowatt hours of electricity each year.
China has announced an 8 gigawatt target for distributed generation solar projects this year, PV Magazine reported. Because of China's supportive policies regarding solar energy, Trina Solar believes there is potential in the country's renewable energy industry. The company plans to execute 400 to 500 megawatts of solar projects in 2014 and believes projects in China will help meet its goal.
"Looking ahead, we are optimistic about global demand for our products and are confident that we will be able to realize our 2014 module shipment target of 3.6 GW to 3.8 GW," Trina Solar Chief Executive officer Jifan Gao said. "We believe the synergies between module sales and our solar project development business will generate both capital gains and ongoing revenues from stable power generation."