How is Trina Solar? It has been listed in the "Top 500 Chinese Brands" list for four consecutive times
2024-08-27
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On August 8, the 18th China Brand Festival 2024 opened grandly in Guangzhou. With its solid financial level, excellent brand building, continuous R&D investment and positive market feedback, Trina Solar has been listed on the list of "Top 500 Chinese Brands" for the fourth consecutive year, ranking 164th, with a cumulative improvement of 257 places!
The list of "Top 500 Chinese Brands" was announced at the conference. This selection selected more than 16,000 local brand samples in China, referred to the brand value assessment methodology, and comprehensively evaluated the brands from multiple indicators such as financial, market and influence perspectives. Trina Solar once again made the list. "The China Brand Festival is the highest-level and largest annual brand event in China, and has made important contributions to showcasing the image of Chinese brands and promoting the development of Chinese brands." Wang Huanqing, deputy mayor of Guangzhou Municipal People's Government, said in his speech at the opening ceremony.
"Innovation, brand, and globalization" are important development strategies of Trina Solar. In recent years, Trina Solar has created and refreshed world records 26 times in photovoltaic cell conversion efficiency and module output power, applied for more than 5,000 patents in total, and proposed IEC international standards for the first time; it has continuously incubated successful photovoltaic brackets, energy storage systems, photovoltaic distributed systems, photovoltaic centralized systems, photovoltaic storage fusion systems and other multi-business and multi-format components. It has the advantages of a global leading brand, a wide coverage and deep penetration of overseas channels, and stable and high-quality large customer resources. It has become an innovative platform company with multiple profit supports and has successfully created a diversified growth pole. All business segments are ranked high, providing profit support for the company. In 2023, Trina Solar's revenue exceeded 100 billion yuan for the first time, a year-on-year increase of 33.32%; net profit attributable to shareholders exceeded 5.5 billion yuan, a year-on-year increase of 50.26%. The diversity and completeness of the company's photovoltaic and energy storage smart energy product layout are leading in the industry. The company's photovoltaic module shipments have ranked among the top three in the world for many years. In 2023, the proportion of module sales revenue in the overall revenue will be about 65%; the household distributed system business ranks second in the world, with a domestic market share of nearly 20%; the tracking bracket business has the sixth largest market share in the world and ranks second among Chinese manufacturers; the energy storage business also has the longest cultivation time and the most complete layout among similar companies. Trina Energy Storage ranks among the top 5 in BNEF's "2023 Global Energy Storage Products and System Integrators Bankability" list.
Trina Solar has proactively laid out the TOPCon stacking laboratory research and development. The laboratory efficiency and future industrialization efficiency will be greatly improved. All of Trina Solar's TOPCon cell production capacity can be upgraded to TOPCon stacking cells. According to the latest test results of PV Magazine, Trina Solar's TOPCon modules won the first place in both indoor reliability and outdoor power generation in module testing, and has been ranked first in the outdoor power generation ranking of N-type bifacial products for many months.
In the future, Trina Solar will continue to adhere to its mission of "using solar energy to benefit all mankind", comprehensively strategically deploy the integration of photovoltaic and storage smart energy, and build unique comprehensive competitive advantages. The diversified capabilities including technical patents, brand channels, business management, organizational talents, and digital systems will fully coordinate the "moat" to lead the new industry ecology. It is committed to becoming a global leader in photovoltaic smart energy solutions, helping to transform new power systems and create a beautiful new zero-carbon world.
