Trina Solar Co., Ltd. ("Trina Solar" or the "company"), a leading global PV and smart energy total solution provider, has been selected to supply solar energy developer Cero Generation with the bifacial modules for its 100-megawatt Project Delfini, one of the largest solar PV installations in Greece to date. Located in Prosotsani Drama, Project Delfini will be powered by Trina Solar's bifacial Vertex DEG21C.20 modules and is financed through a power purchase agreement (PPA). By delivering cheaper energy to the grid, it will also help bring down costs for consumers at a time when the price of electricity is on the rise throughout Europe.
Featuring up to 670W power output, Trina Solar Vertex modules possess several innovative developments that make them well-suited to Project Delfini. The bifacial technology is of particular value, as the power-producing capability of the panels' rear side can increase the modules' output by up to 25%. Their efficiency of up to 21.6% maximizes yield, helping to keep levelized cost of electricity (LCoE) to a minimum.
Expected to be operational by autumn 2023, Project Delfini is estimated to generate 142 gigawatt-hours of electricity annually. That's equivalent to powering roughly 34,000 homes, and to removing 63,000 tons of carbon dioxide from the atmosphere every year.
The funding mechanism for Project Delfini is also significant, as the PPA model creates a subsidy free project. This is the first project in Greece with a private PPA.
Declan Deasy, Chief Operating Officer of Cero Generation cited the high efficiency of Trina Solar's Vertex modules as one of the key reasons that it chose Trina to be its supplier: "Trina Solar’s bifacial modules allowed us to maximize the power output of our design, so that we could deliver a system with optimal performance. Their ability to supply such a high volume of modules also played a role in our decision, and we look forward to working with them on future projects."
Trina Solar’s Head of Europe, Gonzalo de la Viña, echoed this sentiment: "Cero Generation is clearly committed to delivering clean green energy to nations across Europe, and we share that goal. We were happy to provide them with the high-efficiency modules they needed to make their project a success."
Delfini isn't the only solar energy project that Cero Generation has underway in Greece. It also has a 3-gigawatt pipeline consisting of multiple renewable energy developments, and Trina Solar looks forward to meeting its bifacial module needs in the future. Like Cero, Trina Solar believes that when we work together, the future becomes a brighter place for us all.
Image: https://bit.ly/3vi4llV
Caption: The Vertex bifacial module (TSM-DEG21C.20) has been selected to power the 100MW Project Delfini, one of the largest solar PV installations in Greece to date.
Source: Trina Solar
About Trina Solar (688599.SH)
Trina Solar was founded in 1997. As a global leading provider for photovoltaic (PV) module and smart energy solutions, Trina Solar delivers PV products, applications and services to promote global sustainable development. Through constant innovation, Trina Solar continues to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. Trina Solar's mission is to boost global renewable energy development around the world for the benefit of all of humanity.
To date, Trina Solar has delivered more than 100 GW of solar modules worldwide. In addition, Trina's downstream business includes solar PV project development, financing, design, construction, operations and management, and one-stop system integration solutions for customers. Trina Solar has connected over 5GW of solar power plants to the grid worldwide. Trina Solar first launched the Energy IoT brand in 2018, and is now aiming to be a global leader in smart energy. In June 2020, Trina Solar listed on the STAR Market of Shanghai Stock Exchange. For more information, please visit www.trinasolar.com.
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Michael Katz
E-Mail: michael.katz@trinasolar.com