How did Trina Solar boost its global rankings?

Trina's Vertex high-power modules helped boost the manufacturer up the global rankings. Chinese solar manufacturer Trina Solar has published an impressive set of annual figures amid the Covid-19 economic carnage of 2020.

What is Trina Solar's production capacity?

Trina Solar's production capacity across polysilicon wafers, solar cells, and PV modules stood at 55 GW, 75 GW, and 95 GW, respectively, by the end of 2023. N-type TOPCon cells accounted for 40 GW of its solar cell capacity.

Why does Trina Solar invest so much in R&D?

(2) Research and development of technology and scientific research projects Trina Solar insists on taking innovation as an important source to further enhance its core competitiveness. In the first half of 2021, the Company invested 1,220,890,900 yuan in R&D, including 336,289,100 yuan in R&D expenses, up 70.16% year-on-year.

Where does Trina Solar sell?

Trina Solar's sales of large-scale energy storage containers and systems had penetrated six regional markets by the close of 2023, including China, Europe, Asia-Pacific, North America, Central and East Africa, and Latin America. Its cumulative shipment volume reached nearly 5 GWh.

How did Trina Solar perform in 2023?

Trina Solar says its solar panel shipments reached 65.21 GW in 2023. The Chinese module maker achieved a turnover of $15.75 billion and a net profit of $768.2 million in fiscal 2023, with an annual module production capacity of 95 GW by the end of December. Trina Solar said it recorded $15.75 billion of revenue in 2023, up 33.32% year on year.

What is Trina Solar?

Trina Solar focuses on high-efficiency perovskite/N-type crystalline silicon tandem cell, undertakes the research of national key research and development projects, and continuously improves the efficiency of tandem cell to achieve new breakthroughs.