Trina Solar Co Ltd - Company Profile
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Business Description
Trina Solar Co Ltd (Trina Solar) manufactures monocrystalline and multicrystalline photovoltaic (PV) modules. The company offers its products to diverse customers for on-grid and off-grid residential, commercial, industrial and utility scale applications. It operates through five reportable segments: Photovoltaic Products; System Products; Photovoltaic power station project construction management; Photovoltaic power station sales and Smart Energy. Trina Solar markets products in Asia Pacific, North and South America, the Middle East, Europe and Africa. In FY2022, the company incurred capital expenditure of CNY8,108.3 million, which was equivalent to 9.5% of the company’s revenue and grew 24.8% YoY.
R&D Overview
The company's R&D activities focus on improving solar cell conversion efficiency and enhancing manufacturing yields. In FY2022, the company reported R&D expenses of CNY1,221 million, which grew 32% YoY. Trina Solar intends to reduce manufacturing costs and improve the performance of its products. It has 385 patents, including 172 inventions. It partnered with leading universities and research institutions such as Solar Energy Research Institute of Singapore, Australian National University, and Universidad Politecnica de Valencia. The company’s State Key Laboratory for PV Science and Technology ranks as one of the most advanced PV research centers for the invention and innovation of applied technology in solar power.
Business Segments
- Photovoltaic Products
- Photovoltaic power station project construction management
- Photovoltaic power station sales
- Smart Energy
- System Product
Overview
Includes the manufacturing of photovoltaic modules and other products sold in over 150 countries, through direct sales and dealerships.
Performance
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Overview
It offers development, construction and operation of solar photovoltaic power stations.
Performance
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Overview
Includes the sale of photovoltaic power stations.
Performance
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Overview
Includes new energy power generation, energy storage, power transmission and distribution.
Performance
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Overview
Offers photovoltaic system solutions for large-scale power station construction. The company also offers high efficiency components, smart tracking brackets and provides its customers one-stop solution for large-scale power station system products’ solutions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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