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Trina Solar Co Ltd. has published its 2020 full- year financial results. The company had operating revenue of RMB 29.418 billion, 26.14% more than in 2019, and net income attributable to shareholders of RMB 1.229 billion. The company’s total module capacity reached 22GW in 2020, and module shipments reached 15.915GW, ranking third in the world, tally to the 2020 annual shipment guidance published in Q3 2020 by IHS Markit.</p>
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At the end of March, Trina Solar, the world's leading global PV and smart energy total solutions provider released, the total volume of the orders for its distributed products Vertex 500W and Vertex S 405W has surpassed 2GW, which have spread their footprints all over the world with high reliability and power generation efficiency. In addition, the first batch of the Vertex S modules have arrived in Europe<strong> recently </strong>for mass installation in thousands of project sites.</p>
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Trina Solar recently completed its second project of an off-grid PV power generation project to energize a newly built vocational training school in Pak Ngum, Laos. </p>
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On March 11, Trina Solar launched the innovative ultra-high power module 670W Vertex Module globally. <strong>The innovation of the vertical packing solution, specially developed by Trina Solar, is recognized by many international ocean logistics companies such as Maersk, COSCO, ZIM and EVERGREEN MARINE and China Postal Express & Logistics in terms of safety and cost reduction</strong>.</p>
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Trina Solar has recently completed an off-grid PV power generation project at Sitagu Buddhist Academy, Yangon, Myanmar, enabling school to have a stable supply of electricity. The project is part of "Green benefits – Mekong-Lancang Cooperation (MLC) photovoltaic off-grid power generation project" sponsored by Overseas Chinese Charity Foundation Of China (OCCFC), in which Trina Solar provides technical and partial financial support, devoting to power development in Myanmar, Cambodia and Laos.</p>
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The world's leading photovoltaic inverter brands have announced the market launch of inverters compatible with the 210 Ultra-High Power Modules. Mass production of the inverters is due to begin in March 2021, and the price is expected to remain at a level compatible with that of other types of inverters.</p>
