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TRINA SOLAR: No Co-op with SpaceX; No Rev. from 'Space-based Photovoltaics' Orders
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Upon verification, TRINA SOLAR (688599.SH) supplied a total of 775MW of modules to North American clients Tesla Motors and its predecessor SolarCity between 2010 and 2018, as announced by TRINA SOLAR. Since then, the Company has not engaged in any business cooperation with them. Until now, the Company has not cooperated with SpaceX, nor has it signed any framework or formal agreements, and there are no orders in hand. The Company's current photovoltaic module products are primarily used in the ground-based photovoltaic sector, and the application scenarios of its main products have not undergone significant changes. The Company's photovoltaic products and system solutions business maintained a leading position in the industry through a diversified business structure, extensive technical accumulation, strong brand influence and a comprehensive global channel layout. As of now, the Company has no revenue from 'space-based photovoltaics' related orders, and this has not impacted the Company's operating results. AASTOCKS Financial News Website: www.aastocks.com |
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