H1 Results: Trinasolar Ships 34 GW Solar Modules Globally

H1 Results: Trinasolar Ships 34 GW Solar Modules Globally

Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said.

The green Chinese company said that over the six months, the company delivered 34GW in solar modules, 1.7GWh of DC container and energy storage systems and 3.2GW of solar mounting systems. 

“In the first half of the year, Trinasolar shipped 34GW of modules, 25.9% more than in the corresponding period last year. Its cumulative shipments of 210 modules exceeded 140GW, and it thus maintained its top position worldwide. Trinasolar leads the industry in the 700W+ era with its Vertex N 720W series module, based on the 210mm product technology platform and n-type i-TOPCon advanced technology,” the company said in a media statement. 

Trinasolar has invested $381.409 million in R&D and had cumulatively filed 5,649 patent applications by the end of June. Trinasolar puts a high premium on its patents, with more than 500 patents on TOPCon technology by July. 

The company deploys global production capacity to meet burgeoning demands and guarantee worry-free global delivery. Trinasolar prospectively laid out a 1GW cell and module base in Indonesia and a 5GW module base in the U.S. in 2023, both expected to operate in H2 2024.

“Trina Storage, a business unit of Trinasolar, provides solutions from cell to pack to container. It has launched its Elementa 2 Elevate solution, the industry’s only fully wrapped cell-to-AC energy storage solution, in North America. Trina Storage offers solutions for grid-scale shared energy storage stations, solar-storage integrated charging stations and carbon-neutral industry parks. 

TrinaTracker serves major PV markets worldwide, with cumulative shipments exceeding 23GW by the end of June. It ranked sixth in global shipments last year and third in key countries and regions, being one of the fastest-growing companies, according to S&P Global. A report by Wood Mackenzie ranked TrinaTracker among the top three PV companies in South America, the Middle East and other regions.