Trina Solar reports increase of 83 per cent in year-on-year revenues

  • Date: 01-May-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Trina Solar reports increase of 83 per cent in year-on-year revenues

Dubai, United Arab Emirates – Trina Solar Co., Ltd. (“Trina Solar” or “the company”), a leading global PV and smart energy total solution provider, has today announced its full year 2022 results.

The company reported an annual global revenue of $12.645 billion (RMB 85.052 billion), representing an increase of 83.41% on 2021. Trina Solar’s main businesses, including PV products, PV systems and smart energy, all registered strong growth.

The company also unveiled that its module shipments in 2022 totaled 43.09GW and cumulative module shipments exceeded 140GW by the end of March 2023.

Gonzalo de la Viña, President EMEA at Trina Solar, said: “Our strong growth was driven by increase across all our product and solution lines, infrastructure, and applications. Trina Solar’s business now exceeds $12 billion in annualised revenue. We remain the overwhelming market leader in a number of market categories and our technically advanced and highly differentiated business is driving the net zero revolution throughout the region.”

The independent new-energy research agency TrendForce said that the industry-wide number of cumulative shipments of 210mm modules, had exceeded 120GW by the first quarter this year. Trina Solar accounted for more than 65GW, ranking first in 210mm module shipments globally, with a market share of more