(Yicai) Nov. 5 -- Shares of Trina Solar climbed after the Chinese photovoltaic module giant received a second large supply order for energy storage equipment from an overseas client in one week.

Trina Solar [SHA: 688599] closed 9 percent up at CNY23.33 (USD3.27) today, after earlier surging as much as 13.4 percent. Both the Shanghai Composite Index and the Shanghai Stock Exchange Science and Technology Innovation Board 50 Index, of which Trina Solar is a constituent stock, rose 0.2 percent.

Trina Solar’s energy storage subsidiary in Singapore will deliver five gigawatt-hours of grid-scale battery energy storage systems to Australia’s Pacific Green Energy from next year to 2028, the Changzhou-based parent company announced yesterday, without disclosing any further details.

This is an important milestone in the cooperation between Trina Solar and Pacific Green Energy in the global renewable energy field, the Chinese firm noted, adding that the partnership will help deepen its layout of energy storage equipment products in the Australian high-end energy storage market and consolidate its leading position in the global energy storage industry.

This is the second large overseas supply order for energy storage equipment that Trina Solar has received within a week. The firm announced on Oct. 30 that it will provide one GWh of energy storage equipment to a European client.

Trina Solar’s energy storage business focuses on photovoltaic energy storage applications. Its revenue from this business was about CNY2.3 billion (USD322.8 million) last year, accounting for only 2.1 percent of the total. The company’s energy storage equipment shipments reached 4.3 GWh last year, according to a report released by Securities Times in June.

Pacific Green Energy is an Australian renewable energy company developing, building, and operating grid-scale battery energy storage systems. It has large-scale solar energy storage parks with a capacity of multiple gigawatts in Australia, Europe, the Middle East, and other regions.

The parent company of Pacific Green Energy is Pacific Green Technologies, which is listed on the Nasdaq in the United States.

Editor: Futura Costaglione