Trina Solar Completes Acquisition of Nclave

In Clean News, News, Products, Renewable Energy, Solar

Trina Solar Limited (“Trina Solar” or the “Company”) announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. (“Nclave”), the world’s leading solar tracker system manufacturer.

This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar’s strategic transformation from a leading PV product supplier to a global smart PV solution provider.

The acquisition also marks another solid step towards Trina Solar’s strategic transformation into an enterprise focused on the development of alternative and renewable energy solutions that work in concert with the Internet of Things ecosystem.

With the acquisition, Trina Solar’s latest TrinaPro smart PV solutions will directly incorporate Nclave’s tracker products and engineering designs, while Nclave’s leading-edge technologies will also be deeply integrated into Trina Solar’s smart solutions.

Founded in 1997, Trina Solar is one of the first Chinese solar companies listed on the New York Stock Exchange. As of the end of 2017, Trina Solar’s total module shipments had exceeded 32GW, ranking first in the world.

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