Trina Solar Co., Ltd. ("Trina Solar" or the "Company"), a leading global PV and smart energy total solution provider, has been ranked second worldwide with its shipments of 8GW modules in the first quarter of 2022. The ranking is carried out by several authoritative organizations, based on the financial statements of leading module manufacturers.
This is consistent with findings by PV InfoLink, an authoritative PV analysis agency, and PV-Tech, a world-renowned PV media outlet, which ranked global module shipments last year and had Trina Solar in second spot. The Company says that this year it expects to hold its ranking by shipping modules totaling 43GW.
Industry analysts say the high-reliability, high power, low-LCOE 210 modules that Trina Solar pioneered and that have become the mainstream of the industry have helped it in its great success. G12-210 Vertex technology has been widely accepted by the whole industry. Global shipments of 210 modules rose sharply last year, to 26GW, media reports say, and of these shipments Trina Solar contributed 16GW, putting it in first place. By March cumulative shipments of 210 modules had soared to surpass 35GW shipments. With the PV industry leaping into the 600W+ era, industry chain collaboration has become smoother, inverters and trackers are fully compatible with 210 modules, 600W+ ecology is more mature, and the production capacity and shipment of 210 high power modules will continue to rise.
Trina Solar has won international recognition for its product reliability and brand bankability many times. By last year it had been named Top Performer, as certified by PVEL, the leading independent PV test laboratory, for seven consecutive years. It has also scored 100% in the BNEF Bankability Survey, ranked as the top bankable module supplier for six consecutive years, and rated as a tier 1 manufacturer of BNEF PV modules in the fourth quarter last year.
About Trina Solar (688599.SH)
Trina Solar was founded in 1997. As a global leading provider for photovoltaic (PV) module and smart energy solutions, Trina Solar delivers PV products, applications and services to promote global sustainable development. Through constant innovation, Trina Solar continues to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. Trina Solar's mission is to boost global renewable energy development around the world for the benefit of all of humanity.
To date, Trina Solar has delivered more than 100 GW of solar modules worldwide. In addition, Trina's downstream business includes solar PV project development, financing, design, construction, operations and management, and one-stop system integration solutions for customers. Trina Solar has connected over 5GW of solar power plants to the grid worldwide. Trina Solar first launched the Energy IoT brand in 2018, and is now aiming to be a global leader in smart energy. In June 2020, Trina Solar listed on the STAR Market of Shanghai Stock Exchange. For more information, please visit www.trinasolar.com.
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Trina Solar Europe
Michael Katz
Tel.: +49 89 122 8492 60
E-Mail: michael.katz@trinasolar.com