Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Trina Solar Ranks ‘AAA' in Latest PV Tech Bankability Report
 
Trina Solar Ranks ‘AAA' in Latest PV Tech Bankability Report

Dubai, United Arab Emirates – June 07, 2022:  Trina Solar, the leading global PV and smart energy total solution provider, has been ranked ‘AAA’, the highest category, in the latest PV Module Tech Bankability report published by PV-Tech.
 
Based on a proprietary analytical model to establish bankability scores and ratings, the report combines both the manufacturing and financial health of companies, the latest issue covering more than 50 PV module suppliers.
 
Trina Solar ranked second for global module shipments in 2021, with a figure of 24.8GW, and has retained that position in the first quarter of 2022, shipping 8GW. Industry reports indicate that global shipments of 210 modules rose sharply in 2021 to reach 26GW, Trina contributing 16GW, with cumulative 210 shipments exceeding 35GW as of the end of March 2022. 
 
Technology indicators are also analyzed in the PV Tech report. Trina continues to innovate in this area, being an early mover in n-type technology and setting its 23rd world record in March, with its 210×210mm TOPCon cell achieving a maximum efficiency of 25.5%. The company has also set a high benchmark for efficiency of its PERC and HJT cells. 

Helena Li, President of Trina’s Cell and Module business, commented: “Trina Solar has been a leading global PV module supplier for more than 10 years. Based on our consistent financial performance, technology innovation and product value, we are proud to be ranked in the AAA category in PV Tech’s bankability ratings. Trina Solar will continue to progress and create higher customer value globally.'
 
Trina’s high value Vertex modules, from the Vertex S 410W to the 600W+ ultra-high-power version, cover both residential and large ground mounted power plant applications and have displayed a combination of excellent reliability, high energy yield and low LCOE. Due to its longstanding commitment to product quality, Trina has also recently been recognized as a “Top Performer” by PVEL for the eighth consecutive year.
 
According to the company's 2021 financial report, it achieved revenue of $6.895 billion, a year-on-year increase of 51.2%, with total assets of $9.966 billion, a year-on-year increase of 39.36%.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 4485 times
PR Category : Energy and Industry
Posted on : Tuesday, June 7, 2022  2:56:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Hitachi Energy and Schneider Electric Collaborate to Speed U...
Next Story : Trina Solar Keeps Second Spot for Global Module Shipments in...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Danube Home Signs Franchise Partnership with Hyvec Group to Enter Mauritius Market [5715-Views]
Experience a New Full-Board Summer Staycation at Lapita, Dubai Parks and Resorts [4920-Views]
Malabar Gold & Diamonds Associates with Nitol Niloy Group to Expand Operations into Bangla... [4875-Views]
Rock & Fly Jewelleries from Akillis [4670-Views]
Samsung Launches the Neo QLED 8K TV across Qatar, Kuwait, Oman and Bahrain [4047-Views]
Dubai Customs Holds Awareness & Entertainment Activities during DSS 2022 [4030-Views]
Look Your Sustainable Best This Summer with Springfield's Spring/Summer Collection [3579-Views]
Ahood Alenezi Is Announced as the Face of Djula [3448-Views]
Arab Bank Group Profits Grow by 38% to $252 Million for the First Half of 2022 [3235-Views]
Learn, Laugh and Play at Modesh World This Summer [3202-Views]
Chalo BurJuman Mall, Chalo Maldives [2743-Views]
How Sony is Transforming the Art and Technology of Listening [2722-Views]
Introducing fisio: Your Partnerin Recovery [2644-Views]
Fromage Friday at Le Gourmet in Galeries Lafayette [2554-Views]
Nucleus Research Positions Infor as a Leader in its 2022 Enterprise ERP and SMB ERP Techno... [2452-Views]
Jaguar Land Rover Prepares for Advanced Electrified and Connected Future with New Testing ... [2427-Views]
GCC Hospitality Industry to Witness Steady Growth after Sharp Post Pandemic Recovery, says... [2419-Views]
Al-Futtaim Automotive Reveals Strong H1 Results, Reflecting Continuing Rebound for Automot... [2403-Views]
Dubai Customs Discusses Furthering Trade Cooperation with South Korea [2312-Views]
June Air Cargo: Stable and Resilient [2288-Views]
Panasonic's New High-Performance Blender is Perfect for Making Your Summer Refreshingly He... [2251-Views]
LG Announces Second-Quarter 2022 Financial Results' [2230-Views]
Amlak Finance Announces H1 2022 Financial Results [2230-Views]
Etihad Airways Scales Up its Cargo Operations with Airbus New Generation A350F Freighter [2152-Views]
Emirates Steel Arkan Announces Q2 2022 Results [2144-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories