Trina Solar Co., Ltd. (“Trina Solar” or “the company”), a global leader in smart solar energy solutions for a net-zero future, has reported revenue of $11.58 billion (RMB 81.12 billion) in the first three quarters of 2023, 31.22 percent more than in the corresponding period last year. The company’s report, made public on October 27, also showed that Trina Solar, continues to lead the industry with more than 45GW module shipments, ranking second globally, and 5.6GW tracker and fixed tilt rack deliveries for the first three quarters.
Trina Solar’s cumulative shipments of 210mm modules exceeded 90GW as of Q3 2023, ranking first globally. By the end of October cumulative shipments of Trina Solar’s 210R modules exceeded 15GW. The company looks forward to continued growth thanks to its leading n-type i-TOPCon Advanced technology, Vertex N modules, vertical n-type capacity layout and integrated PV and energy storage solutions.
In August the company led the industry into the PV 7.0 era with the mass production of Vertex N 700W modules. These have been used in many settings worldwide, including subsidence areas, seawater desalination plants, residential PV rooftops and utility-scale power stations in high-altitude, low-temperature regions, giving new impetus to green development.
In mid-October Trina Solar's 10GW Vertex N 610W modules and 10GW n-type i-TOPCon cells have come to mass production at Huai'an base. The full-scale production of Huai’an Phase II ensures worry-free delivery of n-type modules and sufficient capacity for vertical n-type integration.
Also in October the company unveiled its Elementa 2 utility-scale battery system, laying a solid foundation for the integrated PV and energy storage solutions. TrinaStorage’s vertically integrated production capacity, including Trinacell, battery racks and battery cabinets, ensures high reliability and safety of its products.
TrinaTracker continues to invest heavily in developing its product line with an eye to meeting the more specific requirements of solar trackers due to new application scenarios, including complex terrain, algid climates, strong winds and sandstorms. TrinaTracker has developed its updated smart control system comprising electronic control equipment, smart tracking algorithm and software platform, to further improve power generation as well as operational and maintenance efficiency.
Pioneering Trina Solar continues to lead the industry with its n-type i-TOPCon Advanced technology, integrated n-type production capacity, full-portfolio of Vertex N products and energy storage. The company is committed to continue leading the way with its smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future.
About Trina Solar
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 popularising renewable energy. Trina Solar's mission is to boost global renewable energy development around the world.
To date, Trina Solar has delivered more than 150 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 9.5GW 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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