PR95906

With the official launch of the All-New Elementa battery cabinet, Trina Storage announces vertical integration plans, setting up LFP cell Gigafactory in China

MUNICH, May 10, 2022 /PRNewswire=KYODO JBN/ --

Trina Storage (https://www.trinasolar.com/en-glb/trina-storage), the vertically

integrated battery energy storage solution provider, today announced the

official launch of its new product - The All-New Elementa, a flexible, safe and

high-performance BESS with up to 25% more cycles and cost savings.

The modular, smart storage solution is tailored for grid scale installations.

Fully integrated and prefabricated with state-of-the-art LFP batteries,

liquid-cooled thermal management system, battery management system and fire

detection & suppression systems, it is optimized for flexibility, smooth

installation, and efficient maintenance. Elementa's standardized design and

factory-installed configuration helps reduce installation times by up to 70%,

leading to lower CAPEX.

Trina Storage is further ramping up battery manufacturing capacity to

strengthen vertical integration, lower average cost through economies of scale

as well as improve cell performance with better control over production

process. These battery cells are produced in the Jiangsu Province, China. The

cell manufacturing facility has a capacity of 3GWh annually to be scaled up to

several GWh in near future. Trina Storage has also set up an integration base

that enables a customizable BESS design with an annual capacity of 5GWh.

At this year's Intersolar Europe, Trina Storage will be showcasing the All-New

Elementa & further launching its Next-Gen battery storage solution. Using

Elementa, customers can save up to 8% on CAPEX & OPEX. Coupled with 25%

increased battery cycling, the total cost of ownership (TCO) is reduced by 25%

per MWh compared to Tier-1 market average.

Terry Chen (Head of Overseas Energy Storage Business, Trina Storage) said,

"Increasing demand for batteries from the Electrical Vehicle (EV) market has

highlighted supply chain vulnerabilities around the globe, and by strengthening

vertical integration, we can reduce or eliminate many uncertainties as we scale

up. We want to bring added value to our customers by delivering innovative

products and solutions and in the process accelerate our company growth. In

last 3 years, we have built our IP by investing heavily in production process

that includes establishing our in-house R&D team. The result is our New-Product

Elementa and the Next-Gen Battery Storage Solution with improved system

lifetime, performance and returns."

About Trina Storage

Trina Storage, business unit of Trina Solar, is a global energy storage system

provider dedicated to transforming the way we provide energy. Our mission is to

lead the renewable energy transition through cost-effective storage and to

provide Solar For Everyone by expanding solar generation at scale. Building on

20+ years of solar experience, we deliver cost-effective and flexible solutions

to utilities and developers around the world.

More information is available on the Trina Storage

(https://www.trinasolar.com/en-glb/trina-storage) website, Facebook

(https://m.facebook.com/TrinaStorage/) and LinkedIn

(https://www.linkedin.com/showcase/trinastorage/?_l=zh_CN).

Source: Trina Solar (Germany) GmbH

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   Caption: Trina Storage ELEMENTA