Trina Storage, the leading global energy storage solution providers, has once again asserted its dominance in the industry by securing a coveted position on BloombergNEF’s (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. This recognition comes hot on the heels of the company’s impressive Top 5 ranking in the “Storage Providers and Integrators in 2023” report by BNEF, further solidifying Trina Storage’s standing as a key player in the energy storage market.
The prestigious Tier 1 designation from BNEF, a renowned industry research organization, underscores Trina Storage’s exceptional track record in delivering cutting-edge energy storage products and systems to diverse projects worldwide. The stringent criteria for this recognition require a company to supply or be contracted to supply products to a minimum of six distinct projects over the last two years, each exceeding 1 megawatt or 1 megawatt-hour, and owned by independent entities.
Trina Storage’s success in meeting these criteria reflects its dedication to providing advanced energy storage solutions globally. The company’s success is underlined by its ability to meet the specific criteria set by BNEF, demonstrating excellence in product reliability and market relevance. The company’s vertically integrated industrial chain, spanning upstream and downstream capabilities, showcases its full-stack research capabilities, from battery cell development to complete system implementation. Notably, the successful development of the 306Ah & 314Ah high-capacity cell with over 10,000 lifecycles demonstrates Trina Storage’s prowess in creating reliable and efficient energy storage solutions.
Trina Storage acknowledges that the cell is a core component of the energy storage system and is committed to in-house battery cell research. Elementa 2, powered by vertically integrated TrinaCell, is a grid-scale modular storage solution that offers numerous benefits, including improved cost performance, enhanced safety, flexibility, convenience, and intelligent operation and maintenance. These advantages create significant value for customers.ย
Helena Li, Executive President at Trina Solar, said, “We are thrilled to be designated as a Tier 1 Energy Storage provider by BloombergNEF for Q1 2024. This recognition not only validates our technological prowess but also affirms our dedication to serving the energy storage needs of a wide array of projects worldwide.”
Trina Storage’s commitment to technological innovation and quality is evident through its robust research and development platforms. The company has established four R&D platforms, including the Energy Storage Battery Research Institute and the Digital Energy Research Institute, showcasing its dedication to staying at the forefront of advancements in the field.
Furthermore, Trina Storage’s focus on intelligent manufacturing is reflected in its super factories in Chuzhou, Anhui province, and Yancheng, Jiangsu province, ensuring efficient delivery and full mass production of energy storage products. With a global presence in Asia, the U.S., and Europe, Trina Storage has delivered over 4GWh of products worldwide and boasts a strong project pipeline exceeding 10GWh.
The company’s global recognition extends beyond BNEF’s Tier 1 list, as it has been named one of the Top 10 BESS integrators in China by S&P Global and has received technical due diligence evaluation from DNV, enhancing its technical bankability.
Helena Li emphasized Trina Storage’s commitment to future advancements, stating, “Trina Storage is vertically integrating with all core capabilities established, including battery cell R&D, product engineering, manufacturing, as well as integration centers.” As the company continues to provide efficient and reliable intelligent energy storage solutions, it remains poised to support the global green energy transformation and embrace the era of affordable photovoltaic storage systems.
Trina Storage’s continuous dedication to innovation and quality highlight its pivotal role in shaping the future of energy storage on a global scale.
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