Trina Solar claims more than 50 percent market share for modules with 210 mm cells
Post date: 02/05/2023 - 13:26
Chinese solar company Trina Solar Co. Ltd. said it had reached the 140 gigawatt (GW) mark in cumulative solar module production by the end of March. According to the report, the company, 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 total quantity produced since the start of mass production in 2020 as »more than 65 GW.« Measured against the global cumulative production of such modules of just over 120 GW calculated by market research company TrendForce, this means that more than 50 percent of all M12 modules produced to date have been supplied by Trina.
The company plans to have an annual production capacity of 75 GW for solar cells and 95 GW for modules by the end of this year. 40 GW of capacity is earmarked for cells based on n-type silicon. The company started series production of these cells in the 210 mm format at the end of last year.
Trina Solar puts its total revenue for 2022 at 85.1 billion renminbi yuan ($12.3 billion), up 83.4 percent from the previous year.