Trina Solar maintains 'AAA' ranking in PV Tech Q3'22 Bankability Report

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CHANGZHOU, China, Sept. 22, 2022 /PRNewswire/ — Trina Solar, the main international PV and sensible vitality whole answer supplier, has as soon as once more been ranked ‘AAA’, the very best class in the newest Q3’22 PV ModuleTech Bankability Ratings report by PV-Tech.

Based on the manufacturing and monetary well being of corporations, the report ranks the bankability of PV module suppliers from AAA, the very best class, to C, the bottom class. Trina Solar ranks on the high of the listing, displaying full recognition it earned from worldwide authorities in phrases of know-how, merchandise and finance.

The LCOE-oriented precept helps Vertex 600W+ modules’ larger worth

Recently, Trina Solar put ahead the LCOE-oriented precept, which means with excessive energy, excessive effectivity, excessive reliability and excessive vitality yield, decrease LOCE will be achieved. Trina’s Vertex 600W+ modules obtain an influence rise of 125W to 130W and the module effectivity up by 0.3% to 0.5%. In phrases of vitality yield, empirical information reveals that the vitality yield of Vertex 600W+ modules is at the least 2.1% larger than that of reference modules. The empirical checks have been performed by TÜV Rheinland and CPVT on a world scale.

Thanks to the excessive reliability of PV modules, Trina Solar has been ranked as a Top Performer by PVEL for the eighth yr in a row and named a RETC Overall High Achiever for 3 consecutive years.

Combined with N-type tech, 210 know-how continues to steer the trade

Trina Solar will proceed to steer the trade by creating high-efficiency and high-power N-type merchandise and forming related ecosystem. In August, aperture module effectivity of Trina Solar’s proprietary Vertex N-type module utilizing monocrystalline silicon has reached 24.24%, setting a brand new world report for industrial large-area N-type i-TOPCon modules.

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By the tip of 2022, Trina Solar’s manufacturing capability of N-type i-TOPCon modules is anticipated to succeed in 8 GW. The new manufacturing capability format in Qinghai Industrial Park is all 210 modules based mostly on new-generation N-type cell know-how. Featuring 210mm measurement, 600W+ energy and N-type cells, Trina Solar merchandise will proceed to higher serve its finish clients with higher worth.

Stable monetary efficiency and excessive bankability

As its PV module business has continued to thrive, Trina Solar’s shipments of PV modules totaled 18.05GW in the primary half of this yr, 72% greater than in the corresponding interval final yr, with a rise in its market share to fifteen%. Shipments of 210 modules accounted for greater than 80% of its whole shipments in the primary half. Trina Solar has shipped greater than 30GW of 210 modules, whereas the entire trade witnessed over 50GW of 210 modules shipped as of June.

In addition to AAA ranking in PV Tech bankability report, Trina Solar has additionally earned recognition from monetary market and famend institutes. Trina Solar has scored 100% in the BNEF Bankability Survey for six consecutive years . And Vertex modules demonstrated excellence in key components in the Bankability Study For Trina Solar PV Modules by UL.

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