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Trina Solar enters into a strategic partnership to support the development of RE100 in South Korea

(L-R: Chang Seok Lee, Director of SolarTEQ; Li Na, Trina Solar CEO for Israel, Japan and Korea Asia-Pacific; Hyungum Cho, CEO of CSC Energy)
(L-R: Chang Seok Lee, Director of SolarTEQ; Li Na, Trina Solar CEO for Israel, Japan and Korea Asia-Pacific; Hyungum Cho, CEO of CSC Energy)

Trina Solar, a global leader in smart photovoltaic and energy storage solutions, has signed a memorandum of understanding with two Korean companies to implement solar projects in Korea with a total capacity of 100 MW by the end of 2025, which will help accelerate the RE100 movement in the country.

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It has signed a memorandum of understanding with renewable energy consultancy CSC Energy and engineering, procurement and construction (EPC) company SolarTEQ.

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This alliance aims to empower clean energy companies through the development of large-scale, ground-mounted solar power plants. The MoU establishes a framework for cooperation, leveraging each party’s strengths to specifically target the rapid development of the RE100 initiative in South Korea.

RE100 is a global movement bringing together large and ambitious companies committed to obtaining 100% electricity from renewable sources.

Li Na, general manager of Trina Solar Asia Pacific for Israel, Japan and Korea; Chang Seok Lee, Director of SolarTEQ, and Hyungum Cho, CEO of CSC Energy, signed a Memorandum of Understanding in South Korea.

“This agreement represents a significant opportunity for Trina Solar to contribute to the growing RE100 traffic in South Korea,” Li said. “By combining our strengths with our local partners, we are confident that we can develop and deliver successful solar projects that will meet the needs of RE100 companies, accelerating South Korea’s transition to clean energy.”

Trina Solar will bring cutting-edge solar module technology to the project. CSC Energy will offer project development, financial and technical expertise, as well as RE100 demand matching services. SolarTEQ will manage the procurement of solar modules and other key project components.

South Korea has ambitious goals for a sustainable future, striving to become carbon neutral by 2050. This MoU directly supports these goals, enabling businesses to achieve RE100 targets.