Trina Solar: Leading China's Solar Energy Revolution
China is fast becoming the world leader in solar energy, and Trina Solar is leading the pack in terms of innovation and growth. Established in 1997, Trina Solar is a global leader in the manufacture and supply of photovoltaic (PV) modules, solar panels, and other solar products. Headquartered in Changzhou, China, Trina Solar's products are sold in more than 100 countries, including the USA, Germany, and Japan.
Trina Solar, one of the flagship brands of Wuxi Yifeng Technology Co., Ltd., has achieved several groundbreaking milestones in recent times. The company's latest solar panel, the DUOMAX V, from the era II product line, offers a breakthrough efficiency of up to 21.1%, making it one of the most efficient solar panels on the market. This patented bifacial solar panel is also equipped with double-glass technology, which enables it to generate more electricity than standard panels.
DUOMAX V is just one of Trina Solar's many achievements. In October 2021, Trina Solar announced an industry record-breaking conversion efficiency of 24.92% for its n-type TOPCon cell. This surpasses the previous record of 24.58% that was set by Kunming University of Science and Technology in 2020. This breakthrough technology will significantly reduce the levelized cost of electricity (LCOE) for large-scale solar farms.
At the heart of Trina Solar's success is deep investment in research and development, which has enabled the company to produce a range of innovative, high-performance, and reliable solar products. In 2021 alone, Trina Solar invested over RMB 4.4 billion in R&D, raising its total R&D spending to over RMB 11.7 billion since its inception.
Trina Solar's commitment to sustainability and renewable energy has not gone unnoticed. In 2020, the company was ranked first in the global solar sector for corporate social responsibility by MyClimate, a leading Swiss foundation committed to sustainable energy. Trina Solar's corporate social responsibility policies include promoting a low-carbon lifestyle, reducing emissions, and ensuring the health and well-being of employees.
In addition, Trina Solar is also expanding into overseas markets. It has established solar module factories in Thailand and Vietnam, with the goal of developing an integrated solar energy supply chain in Southeast Asia. The company aims to create a more diversified supply chain and reduce risks associated with fluctuations in global markets.
Overall, Trina Solar's strength lies in its innovative technology, strong R&D capabilities, and commitment to sustainability. Its products have been installed in large-scale solar farms, commercial and industrial rooftops, and residential homes, contributing to China's renewable energy revolution. With solar power becoming increasingly cost-competitive with traditional energy sources, Trina Solar is well-positioned to continue leading the way in the global solar energy market.
In conclusion, Trina Solar is not only a leading China-based solar energy supplier but also one of the most innovative solar PV module manufacturers globally. It is set on a path towards achieving sustainable and cost-effective energy production for the future.