On March 24 and 26, Trina Solar published its full year 2022 and Q1 2023 financial results, saying it had annual revenue of $12.645 billion (RMB 85.052 billion), an increase of 83.41% on 2021. The company’s main businesses, including PV products, PV system and smart energy all registered strong growth.
Module shipments continue to power ahead
Trina Solar’s module shipments in 2022 totaled 43.09GW and cumulative module shipments exceeded 140GW by the end of March 2023, the company said.
In cumulative shipments of 210mm modules, the independent new-energy research agency TrendForce said the number had exceeded 120GW by the first quarter this year, of which Trina Solar accounted for 65GW+, ranking first in 210mm module shipments globally, with a market share of more than 50%.
Module capacity reaches 95GW, speeding up n-type product development
From the end of last year, Trina Solar’s 210mm n-type i-TOPCon ingots, cells and modules came into mass production. By the end of this year, cell capacity will be 75GW and module capacity will be 95GW, including 40GW of n-type cells, the company said.
Leading technology: Delivering more benefits to customers Trina Solar continues to invest heavily in technological innovation. It obtained 173 new patents last year and now owns 1,159 patents. Trina Solar also continues to be a global pacemaker and record setter and last year broke world record for three times by setting PERC cell efficiency and industrial large-area n-type i-TOPCon cell and module efficiency.
