Trina Solar Co Ltd - Company Profile

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Trina Solar Co Ltd: Segment Analysis

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Business Description

Trina Solar Co Ltd (Trina Solar), primarily engaged in the production and sale of photovoltaic products, energy storage solutions, system solutions, and digital energy services. The company offers its products to diverse customers for on-grid and off-grid residential, commercial, industrial and utility scale applications.

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R&D Overview

Trina Solar has consistently prioritized independent innovation as a core component of its development strategy. The company's R&D efforts are primarily directed towards enhancing the efficiency and cost-effectiveness of its solar products, as well as developing innovative energy storage systems. Trina Solar has made significant advancements in photovoltaic technology, particularly in the development of high-efficiency solar cells. The company has successfully developed a 210 mm large-area perovskite/crystalline silicon tandem solar cell, which has achieved a record conversion efficiency of 32.6% as certified by international authorities. This achievement has set a new world record for this size of tandem cells. The company has been actively involved in the development of high-energy-density energy storage systems. Trina Solar's innovations include a 6MWh+ energy storage system that improves energy density by 24.7% compared to previous models, while reducing land use by 20%. This system also features advanced thermal management and AI-based early warning technologies to ensure safety and efficiency. Trina Solar continues to invest in the research of high-efficiency N-type full passivation contact (HJT) solar cells. The company has developed technologies that reduce silver consumption and enhance cell efficiency, achieving over 26.1% efficiency in mass production. As of December 2025, Trina Solar has filed 698 patent applications in the field of tandem cells and modules, ranking first globally in patent applications in this area. The company has a portfolio of intellectual property, including invention patents, utility model patents, design patents, and software copyrights. Specifically, Trina Solar has filed 999 invention patents, 542 utility model patents, 29 design patents, and 52 software copyrights. In FY2025, the company incurred expenses of CNY4,078 million on R&D, which as a percentage of revenue, stood at 6.1%.

Business Segments

Overview

Includes new energy operations and maintenance, new energy power generation, and other related services.

Performance

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Overview

It focuses on energy storage system solutions, serving industries such as source-grid side energy storage, industrial and commercial energy storage, and household energy storage. It operates globally, with significant presence in the US and the UK markets.

Performance

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Overview

It focuses on photovoltaic module products, serving industries related to solar energy and smart energy solutions. It operates globally, exporting to over 180 countries.

Performance

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Overview

It includes bracket business, distributed system business, mounting system business and centralized power station business.

Performance

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Geographical Segments

Performance

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Performance

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