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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.</p>
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<strong>Module shipments continue to power ahead</strong></p>
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CHANGZHOU, China, April 26, 2023 /PRNewswire/ -- TrinaTracker, the smart tracker solution provider under Trina Solar Co., Ltd. (SHA: 688599), announces it has received an independent technical analysis report from an internationally renowned third party for its SuperTrack technology. The report reviewed the SuperTrack technology and estimated its potential impact on project generation. The report states that TrinaTracker SuperTrack has the potential to increase solar power plant production by 3.06%.</p>
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CHANGZHOU, China, April 26, 2023 /PRNewswire/ -- TrinaTracker, the smart tracker solution provider under Trina Solar Co., Ltd. (SHA: 688599), announces it has received an independent technical analysis report from an internationally renowned third party for its SuperTrack technology. The report reviewed the SuperTrack technology and estimated its potential impact on project generation. The report states that TrinaTracker SuperTrack has the potential to increase solar power plant production by 3.06%.</p>
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Industry experts from BloombergNEF, Trina Solar, PV power station developers, EPC, and design institutes discussed the trends and applications of cutting-edge PV technology in a panel discussion titled “210mm n-type technology outlook”. They agreed that the 210mm n-type solution that fulfills customers' scenario-based needs and adheres to the "LCOE-oriented principle" will propel the industry into a new age of high efficiency n-type modules. It is estimated that LCOE of a power plant using Trina Solar’s Vertex N modules is down by 2.97%.</p>
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Trina Solar has maintained its AAA ranking for the fourth consecutive quarter in the latest PV ModuleTech Bankability Ratings report released by PV Tech.</p>
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The company’s continued presence within the highest category validates its ongoing outstanding performance in technology innovation, product value, shipments, customer value and low-carbon practices and underlines its position as an industry leader in each of these areas.</p>
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According to TrendForce, the independent new energy research agency, <strong>cumulative shipments of 210mm modules have exceeded 120GW</strong>, and <strong>the power of 210mm n-type modules has passed 700W.</strong> TrendForce estimates in its recent report that in 2023, large-format wafers, cells and modules will account for more than 90% of the total production capacity, and demand for large-format products will demonstrate a strong growth.</p>
