Trina Solar announces its Q3 2022 financial results

Trina Solar announces its Q3 2022 financial results

Dubai, UAE: Trina Solar (688599.SH), a leading global PV and smart energy total solutions provider, reported its third quarter 2022 financial results on October 30, announcing revenue of about USD 8.8 billion (RMB 58.2 billion) in the first three quarters, up 82.56% year-over-year.

Trina Solar said that by the end of the third quarter its module shipments for the year had totaled 28.79GW, tracker shipments totaled 2.8GW and energy storage shipments exceeded 300MWh. Trina Solar ranks first in the industry worldwide in the number of 210mm cell modules shipped. According to the third-party TrendForce, the industry shipped 50GW of 210mm cell modules by the end of the third quarter this year, and the shipments of 210mm cell modules had totaled 76GW from the time they went into mass production.

In mid-October Trina Solar launched its Vertex N 595W for rooftops and utility-scale projects globally, adhering to the LCOE-oriented principle, inheriting the Vertex family’s four key competencies of higher power, higher efficiency, higher energy yield and higher reliability, with 30W higher than conventional n-type modules in the market, delivering lower BOS and LCOE to projects.

Trina Solar is committed to technical innovation and continues to lead the industry with n-type technology. In August the