Is Trina Solar China a good PV module company?

Image: Trina Solar China’s PV module companies released their financial reports for 2022 and the first quarter of 2023 at the end of April, with some of the leading manufacturers posting strong performance. Currently, the competition among AAA-grade PV module companies is fierce.

Why does China dominate the solar industry?

Much of China’s dominance of the global solar sector in general, and that of Europe in particular, comes from China’s significant investment into solar capacity additions. Ember notes that China accounts for “at least” 80% of the world’s solar manufacturing capacity, highlighting the world’s reliance on Chinese manufacturing.

Can China sell solar modules overseas?

This is more than the total solar capacity the US installed in the first half of 2023, which stood at 113GW, and demonstrates both China’s overwhelming supply of modules, but also its willingness to sell them overseas and expand its influence. Graph showing Chinese module exports to a number of markets around the world. Credit: PV Tech

Does China rely on solar power?

Ember notes that China accounts for “at least” 80% of the world’s solar manufacturing capacity, highlighting the world’s reliance on Chinese manufacturing. Crucially, the rate of capacity additions in China is set to grow in line with, or even exceed, the rate at which the world’s appetite for solar power increases.

How many solar PV installations will the world add in 2023?

A report from Wood Mackenzie, published in December this year, found that the world is likely to add a total of 3TW of new solar PV installations between 2023 and 2032, while a separate report from the same company noted that China’s annual cell and module production capacity will reach 2.8TW by 2032.

Where did SolarPanel shipments rank in 2019?

According to the customs data, the company’s solar panel shipments in 2019 ranked among the top, including the top 3 in India, Egypt and South Africa, the top 6 in Europe and Japan, and also performed well in other markets. Hello, I'm Summer Xia, co-founder and marketing director of SOLARSTONE.