Trina Solar Achieved “AAA” Rating in PV-Tech’s Q3 2022 Bankability Report

CHANGZHOUPorcelain, September 23, 2022/PRNewswire/ — sun trinitythe world’s leading provider of complete solutions in the field of photovoltaics and smart energy, has once again obtained the highest “AAA” category rating in the latest report of the third quarter of 2022 on the profitability of module technologies photovoltaics published by PV-Tech.

Based on the manufacturing and financial health of companies, the report ranks the bankability of PV module suppliers from AAA, the highest category, to C, the lowest category. sun trinity It occupies the first place on the list, thus demonstrating all the recognition that international authorities grant it in terms of technology, products and finances.

LCOE oriented principle shows superior value of Vertex 600W+ modules

Recently, sun trinity introduce the LCOE-oriented principle. In other words, with high power, efficiency, reliability and energy efficiency, it is possible to reduce the LCOE (the levelized cost of energy). Trina’s Vertex 600W+ modules increased power by 125-130W and module efficiency by 0.3-0.5%. When it comes to energy performance, empirical data shows that the energy performance of Vertex 600W+ modules is at least 2.1% better than reference modules. Empirical tests were carried out by TÜV Rheinland and CPVT worldwide.

Thanks to the high reliability of its photovoltaic modules, sun trinity PVEL ranked him among the “Top Performers” for the eighth consecutive year and RETC named him “Overall High Achiever” for three consecutive years.

Combined with Type N technology, 210 technology remains at the forefront of the industry

sun trinity will continue to play a leading role in the industry by developing high-efficiency, high-power N-type products and creating a suitable ecosystem. In August, the aperture module efficiency of Vertex’s exclusive N-type module sun trinity the use of monocrystalline silicon reached 24.24%, setting a new world record for industrial large-area N-type i-TOPCon modules.

By the end of 2022, the i-TOPCon type N module production capacity of sun trinity should reach 8 GW. The new development of the production site in the industrial park of qinghai It exclusively features 210 modules based on next-generation N-type cell technology. With its size of 210 mm, its power of more than 600 W and its N-type cells, the products of sun trinity will continue to better serve its end customers by offering them greater added value.

Stable financial performance and strong bankability

As the PV module business continued to prosper, PV module shipments from sun trinity it reached 18.05 GW in the first half of this year, 72% more than in the same period last year, and its market share increased to 15%. 210 module shipments represented more than 80% of its total shipments in the first half. sun trinity shipped more than 30 GW of 210 modules, while the industry as a whole saw more than 50 GW of 210 modules shipped as of June.

In addition to the AAA rating from the PV Tech Bankability Report, sun trinity It has also obtained the recognition of the financial market and recognized institutes. sun trinity Scored 100% on the BNEF Bankability Survey for 6 consecutive years. And Vertex modules have proven their level of excellence in the key factors ofstudy on the bankability of photovoltaic modules sun trinity by UL.

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