Trina Solar Japan Energy Co., Ltd (“TSJE”), a wholly-owned subsidiary of Trina Solar Co., Ltd with headquarters in Tokyo, Japan announced the successful transaction of a 13.99 MW project in Tottori Prefecture, Japan (in May, 2019) and a 14.2 MW project in Miyagi Prefecture (in July 2019) to Takara Leben Co., Ltd, the leading condominium developer who also extensively undertakes electric power provider business in Japan. (Both projects will commence operation in April 2021 and September 2020 respectively.)
Upon the completion of the transactions, TSJE continues to provide Engineering, Procurement and Construction Management (EPCM) service and will provide advanced and innovative O&M services during 20-year’s operation period.
Mr. Jifan Gao, CEO and Chairman of Trina Solar, commented: "We are very pleased to team up with Takara Leben as one of the most qualified investors in solar energy in Japan and looking forward to establishing our long term cooperation together”. Mr. Shimada, President of Takara Leben also expressed that they are very proud to establish the collaboration with Trina Solar, who has solid capability in downstream project development, and they expect great synergies between two parties in the future.
After many years of exploring and cultivating in the downstream market, Trina Solar has also become one of the leading downstream project developer and class asset provider across the globe. Up to now, Trina Solar has connected over 3 GW of solar power plants to the grid worldwide. As of the end of October 2019, TSJE has connected 45 solar projects with the aggregate total capacity of approximately 100 MW in Japan, and currently has around 200 MW projects under construction also in Japan.