Trina Solar, CSC Energy, SolarTEQ team up for 100 MW solar project in South Korea
The collaboration will boost the country’s RE100 initiative.
An alliance composed of three companies entered a memorandum of understanding to develop a 100-megawatt solar project in South Korea by the end of 2025.
Under the agreement, Trinal Solar will contribute its solar module technology, renewable consultancy firm CSC Energy will lead the project development, financial and technical expertise, and demand-matching services, whilst SolarTEQ will be responsible for the procurement of solar modules and other critical project components.
The projects will include large-scale, ground-mounted solar power plants, Trina Solar said in a statement.
"This MOU represents a significant opportunity for Trina Solar to contribute to the growing RE100 movement in South Korea," Li Na, Trina Solar Asia Pacific general manager for Israel, Japan and Korea, said.
"By combining our strengths with our local partners, we are confident we can develop and deliver successful solar projects that meet the needs of RE100 companies, accelerating South Korea's transition to clean energy," Li added.
South Korea aims to reach carbon neutrality by 2050.