Shipments of modules by Trina Solar (688599.SH) totaled 27GW in the first half of this year, ranking second globally, and accumulated shipments of modules exceeded 150GW, with shipments of 210mm modules surpassing 75GW, the company said in its financial report for the period published on August 29. Deliveries of trackers and fixed tilt racks reached 3.3GW, and shipments of Trina Storage tripled those in the corresponding period last year. Trina Solar's revenue derived from PV products, PV systems, and smart energy in the six months to June 30 totaled $7.13 billion.
The independent news energy research agency TrendForce said worldwide 210mm module shipments had exceeded 150GW by the end of June. Trina Solar has taken the lead in 210mm module shipments and continues to lead the industry with the 210mm product technology platform and n-type TOPCon technology. In August, Trina Solar announced it had begun mass-producing Vertex N 700W+ series modules.
By the end of the year, Trina Solar's n-type wafer capacity is forecast to reach 50GW, module capacity 95GW, and cell production capacity 75GW, including 40GW of n-type cells, all of which are equipped with n-type TOPCon Advanced technology. Trina Solar has established an integrated layout in manufacturing plants outside China, with a 6.5GW wafer, cell, and module capacity, providing seamless delivery to meet growing international demand.
To deliver more convenience and value to customers, Trina Solar introduced its new-generation integrated PV and storage solution globally in May. This solution combines modules, trackers, and energy storage, providing integration, safety, and reliability in end users’ systems.
Trina Storage Elementa comes with the company’s latest in-house battery technology and innovative design. More valuable and safer energy storage products are provided for project development, helping to achieve stable operation of electricity on the power generation, grid, and user sides.
International institutions have accredited Trina Solar for incredibly advanced technology, reliable products and sound financial performance. The company remains a Tier 1 PV module manufacturer in the BloombergNEF 3Q 2023 Global PV Market Outlook. It has scored 100% in the BNEF Bankability Survey for the past seven years and has been given AAA ranking five times in a row in PV Tech’s PV ModuleTech Bankability report. RETC has recognized Trina as an Overall High Achiever four years in a row, and PVEL has ranked it “Top Performer” nine years in a row.
Since Trina Solar was founded in 1997, it has delivered PV modules and clean energy to more than 160 countries and regions. With its mission of “Solar energy for all,” Trina Solar is committed to working with others to create a net-zero future.