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| Thursday, 25 August 2011, 19:25 HKT/SGT | |
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Source: Trony Solar | |
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- Proactively Promote Regional off-grid Application Development
- Efficiently Increase Market Share in Africa Market |
HONG KONG, Aug 25, 2011 - (ACN Newswire) - Trony Solar Holdings Company Limited ("Trony" or "the Company", stock code: 2468.HK), China's largest manufacturer of thin film photovoltaic ("PV") modules, is pleased to announce that its East Africa office in Kenya has commenced operation aiming to intensify its regional solar off-grid applications development and raise the market share in those African countries where on-grid system is difficult to be developed as mainstream.
 | | Trony's East Africa Office Commence Operation |
According to the latest annual report of the African solar development project "Lighting Africa " which was lead by International Finance Corporation (IFC), in Africa, there are still over 100 million families (involving up to over 500 million people) live without electric power. In 2010, the local family and SMEs' Lighting Applications scale is involving at least US$10 billion per year, and is estimated to reach over US$12 billion by 2015 with 80% contributed by off-grid users which indicates enormous potential off-grid market growth in Africa.
"Thin film solar panel can be well applied in Africa given its satisfying cost performance and stability under high-temperature conditions. Moreover, thin film solar cell can offer various choices with regard to product specifications to the huge market of off-grid lighting applications. And, its flexibility meets relevant product development needs, which makes it the best choice ofor off-grid applications in Africa. Africa has now occupied nearly 40% of Trony's terminal products application market after all these years' development, while the distribution of off-grid market in Africa is still scattered and the quality varies. We will provide high quality products to promote our company's image, and strengthen communication and cooperation with local distributors and NGOs to provide and modify off-grid applications plans, while enhancing cooperation with sell side, to promote Africa's off-grid application market development in the long run", said Mr. Li Yi, CEO of Trony Solar.
Contact:
Wonderful Sky Financial Group:
Mr. Hon Fung
Tel: +852 6335 5933
Email: hf@wsfg.hk
Ms. Cathy Zhang
Tel: +852 9660 2592
Email: cathyzhang@wsfg.hk
Ms. Angie An
Tel: +852 9738 4362
Email: angiean@wsfg.hk
Mr. Kevin Mao
Tel: +852 6462 8766
Email: kevinmao@wsfg.hk
Topic: Press release summary
Source: Trony Solar
Sectors: Alternative Energy
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