Trina Solar asserts greater than 50 percent market share for modules with 210 mm cells
- Chinese solar company Trina Solar Co. Ltd. stated it had actually reached the 140 gigawatt (GW) mark in cumulative solar module production by the end of March. According to the report, the firm, which was founded in 1997, produced around 30 percent of this amount-- 43.1 GW-- last year alone.
For modules with solar cells in wafer format of 210 millimeters edge length (M12), Trina Solar reports the overall quantity produced considering that the begin of mass production in 2020 as "greater than 65 GW." Determined against the international cumulative manufacturing of such modules of just over 120 GW determined by market research company TrendForce, this suggests that more than half of all M12 modules produced to date have been provided by Trina.
The firm plans to have an annual production capacity of 75 GW for solar cells and also 95 GW for modules by the end of this year. 40 GW of capacity is allocated for cells based upon n-type silicon. The firm started series manufacturing of these cells in the 210 mm format at the end of last year.
Trina Solar places its complete profits for 2022 at 85.1 billion renminbi yuan ($12.3 billion), up 83.4 percent from the previous year.