Trina Solar Exchange MoU with Malaysia's GSPARX To Promote Clean Energy and Sustainability

• This MoU will play an important role in promoting solar energy solutions in Malaysia, in line with objective of the National Energy Transition Roadmap introduced in July 2023
• Tenaga Nasional Berhad (TNB), the leading Malaysian utility company in Asia, through its wholly owned subsidiary, GSPARX Sdn. Bhd. (GSPARX Malaysia) will elevate its position as a significant contributor to the Malaysia's energy transition.

KUALA LUMPUR, Malaysia, Aug. 29, 2023 /PRNewswire/ -- Trina Solar, the leading global PV and smart energy total solutions provider, has signed a memorandum of understanding (MoU) with GSPARX Sdn. Bhd, Malaysia (GSPARX, Malaysia) a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB), to work together in developing a robust sustainable energy sector in Malaysia.

Through the MoU, GSPARX, Malaysia and Trina Solar have agreed to establish a working committee that will help drive sustainability initiatives and promote the adoption of renewable energy in the country. Additionally, the parties have agreed to do joint marketing and work collaboratively to explore and unlock new business opportunities, so as to develop Malaysia's solar photovoltaic market.

Elva Wang, Head of Southeast Asia at Trina Solar says: "We have had a longstanding relationship with GSPARX, Malaysia as its solar module supplier for rooftop solar business in Malaysia since 2019. This agreement further strengthens and expands our relationship on a strategic and working level. We are focusing on securing business opportunities for rooftop, floating and grounded-mounted systems, for our mutual benefit and helping Malaysia move towards a green net-zero future."

"Under this MoU, Trina Solar will share its international knowledge and technical expertise with GSPARX, Malaysia with regards to smart grid solutions, energy storage systems, etc. This co-operation will enable GSPARX, Malaysia to strengthen its technical in-house capabilities and help, for example, navigate technical challenges in solar rooftop projects," Wang adds.

The MOU Exchange ceremony took place in Kuala Lumpur and was witnessed by:

• YB Tuan Nik Nazmi Nik Ahmad, Minister for Natural Resources, Environment & Climate Change (NRECC), Malaysia;
• Dato' Indera Ir. Baharin Din, President/Chief Executive Officer, TNB;
• Kamal Arifin A. Rahman, Chief Retail Officer, TNB;
• Mohd Zarihi Mohd Hashim, Chief New Energy Officer, TNB; and
• Leo Pui Yong, Chief Sustainability Officer, TNB,

About GSPARX

GSPARX Sdn. Bhd. (www.gsparx.com) is a wholly owned subsidiary of Tenaga Nasional Berhad offering rooftop solar PV solutions to retail customers. Established in January 2018, GSPARX currently has a total gross portfolio of 298 MW in Peninsular Malaysia comprising rooftop solar PV systems and floating solar PV systems. With a vision of TNB net zero carbon emissions by 2050, GSPARX, as a special vehicle of TNB, is committed to providing rooftop solar solutions at zero capital to customers. (T&Cs applied)

For more information, please visit www.gsparx.com

About Trina Solar

Founded in 1997, Trina Solar is the world leading PV and smart energy total solutions provider. The company engages in PV products R&D, manufacture, and sales; PV projects development, EPC, O&M; smart micro-grid and multi-energy complementary systems development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched its Energy IoT brand, established the Trina Energy IoT Industrial Development Alliance together with leading enterprises and research institutes in China and around the world and founded the New Energy IoT Industrial Innovation Centre. With these actions, Trina Solar is committed to working with its partners to build the energy IoT ecosystem and develop an innovation platform to explore New Energy IoT, as it strives to be a leader in global intelligent energy. In June 2020, Trina Solar listed on the STAR Market of Shanghai Stock Exchange.

For more information, please visit www.trinasolar.com

SOURCE Trina Solar Energy Development Pte. Ltd.