(Yicai Global) Feb. 9 -- Trina Solar’s stock price rose after the Chinese photovoltaic panel maker said it had received an order for more than 1 gigawatt of PV modules from a customer in Europe.

Trina Solar [SHA: 688599] closed up 2.5 percent at CNY66.39 (USD9.79) a share in Shanghai today. The stock has gained about 4 percent so far this year.

Trina Solar announced on WeChat that it has entered into a three-year framework agreement with Low Carbon to supply products to the UK renewable energy developer for its PV station projects in the United Kingdom and the Netherlands. It not disclose any financial details.

Trina Solar has sold more than 100 GW of solar modules since the Changzhou-based firm was set up in 1997 and has a business covering over 150 countries, according to its website. Overseas revenue accounted for more than 60 percent of its main income, the firm’s 2022 half-year earnings report showed.

The company’s solar panel sales surged last year. Net profit likely rose 90 percent to 123 percent to between CNY3.4 billion and CNY4 billion (USD501 million and USD590 million), it forecast on Jan. 10.

Editor: Peter Thomas