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October 28–Trina Solar Co., Ltd. (688599) today released its third-quarter reports for 2020, revealing that first-half momentum has held up, with revenues and profits both rising steadily. In the first three quarters, the company reported total realized income of RMB 19.93 billion, a year-on-year increase of 18.66%, with third-quarter realized income accounting for RMB 7.38 billion. Shareholders enjoyed a stake in realized net profits of RMB 832 million, a year-on-year increase of 118.94%.</p>
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Recently, Trina Solar received the world's first IEC 62941:2019 certification for their photovoltaic module manufacturing quality system issued by TÜV Rheinland, which once again proves the company's excellent product quality and strict production standards.</p>
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Trina Solar announces that its mass production of Vertex 550W ultra-high-power modules in Yancheng, Jiangsu province, has begun with the opening of a new manufacuting plant. The new Vertex factory was completed in 2020. It is equipped with advanced equipment and industrial facilities, and highly automated and intelligent operating systems.</p>
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Trina Solar Co., Ltd announced that the company's Vertex 600W/550W series ultra-high power modules had passed the comprehensive reliability test by TÜV Rheinland. This is another major breakthrough and milestone after Trina Solar was granted both the IEC 61215 PV module performance standard and the IEC 61730 PV module safety standard certificates in March 2020.</p>
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Trina Solar announces recently that total sales of its ultra-high power modules, the Vertex Series, have reached 1GW worldwide, including nearly 200MW in Europe as well as from three other major regions, Asia Pacific, Middle East and Latin America.</p>
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September 8, 2020—Trina Solar Co., Ltd. (“Trina Solar” or “the Company”) announced its acquisition of the remaining 49% equity in Nclave Renewable S.L. (“Nclave”) to make Nclave a wholly-owned subsidiary of Trina Solar.</p>
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Trina Solar Co., Ltd. (“Trina Solar” or the “Company”) has <strong>been regarded as bankable by all survey respondents</strong> in the <em>2020 PV Module and Inverter Bankability report</em> issued by BloombergNEF. With this report, Trina Solar is now the only module manufacturer to be rated as bankable for five consecutive years by 100% of the industry respondents participating in the annual BloombergNEF survey.</p>
