Boston, MA 04/11/2014 (wallstreetpr) – Trina Solar Limited (ADR) (NYSE:TSL) is a $960 million solar products manufacturer based in China. The company’s current distribution networks span Asia, Europe and North America.
The company recently announced the development of a new solar module that is expected to increase its product efficiency. With that development, the company added another feather to its patent cap; therefore, enriching its intellectual property portfolio. The improving IP portfolio is expected to help the company generate incremental revenues in the future as solar energy industry grows.
Well-positioned for growth
As you already know, the threat of climate change is putting pressure on energy utility companies to adopt more renewable power projects. Regulators around the world are pushing power utilities to generate a certain percentage of their energy from renewable sources in efforts to cut on greenhouse emission. In this situation, the solar energy market is fast expanding, and this trend is generating opportunities for Trina Solar Limited (ADR) (NYSE:TSL) and other solar companies with global market coverage.
However, more than its peers and even rivals, the company is endowed with strong financial and technology capabilities to take advantage of the opportunities as they come. The company’s competent management is also an asset to count on.
Trina Solar Limited (ADR) (NYSE:TSL) boasts strong cash flow position. In this position, the company is not limited in its pursuit of growth opportunities as it can finance several projects without getting neck-deep in debts.
Big market opportunity
Starting from home, the company expects to benefit from China’s aggressive investment in solar projects. The country, regarded as the world’s fastest growing economy, is currently undergoing massive urbanization, and it is turning to solar and wind energy to power its future. The company expects to install new solar capacity of 14 GW this year. That investment presents a massive opportunity for Trina Solar Limited (ADR) (NYSE:TSL) that is already a reputed supplier of solar products in the market.
To sum up the story
All in all, Trina Solar Limited (ADR) (NYSE:TSL) looks like a nice pick for investors seeking to benefit from the promising alternative energy industry.
