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Trina Solar

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Trina Solar - Energy & Power showcase

Year Founded & Workforce

1997

13,556 Employees

Industry

Energy & Power

Services

Ku ModulesCommercialResidential
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Trina Solar Employee Contacts

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Trina Solar Overview

Headquarters: Changzhou, China

Founded: 1997

Workforce: ~13,556

Company Working: Trina Solar majorly operates in China with the State Key Laboratory of PV Science and Technology, a state-of-art facility designed to foster technological innovations. The laboratory covers 15,000 square meters and is located within the Changzhou Trina PV Industrial Park. It is a national platform for driving PV technological developments in China. It received accreditation from China’s Ministry of Science and Technology on November 3, 2013 and has become one of the leading R&D centres in the field of photovoltaics since then. It sells its products in more than 70 countries with some of its offices in Beijing, Madrid, Shanghai, Singapore, Sydney, Tokyo, Zurich, Mexico City, and San Jose. Trina solar modules around the world are displacing over 27 million tons of CO2, equivalent to planting 4.9 million acres of trees. Changzhou Trina Solar Energy Co., Ltd. Sun Era Industries Ltd., Brannon Solar, LLC, and Trina Solar are some of its subsidiaries. With almost 20 years in the solar industry, Trina Solar’s experience, high-quality products and technological innovations have led the company to be one of the leading photovoltaic module manufacturers in the world.

The company operates under the segments of utility products and solutions, commercial, and residential. The company has a wide range of solar panels under monocrystalline, multicrystalline, dual glass monocrystalline, and dual glass multi-crystalline structure. The solar panels offered by the company cover all the global specifications and conventional standards.

Strategy

The company prioritizes solar panel technology with continuous partnerships and collaborations of its services segment, product diversification, high end development, and internationalization. For instance, On March 13, 2017, Trina Solar Limited, announced the completion of its merger with Red Viburnum Company Limited, a wholly-owned subsidiary of Fortune Solar Holdings Limited. The company also focuses on strengthening its domestic and international competitiveness, thereby expanding revenue sources. Trina Solar is committed to protect the environment and spearhead industry-wide changes while conducting ground breaking and innovative research and development activities.

Company Snapshot

$1,775M

Revenue

13,556

Employees

1997

Founded

SWOT Analysis

Strengths

  • Increased focus on R&D and innovation in solar panel
  • Strong presence in China & U.S
  • Extensive product line

Weaknesses

  • Adversely affected by volatile market and industry trends
  • Highly reliable on third-party suppliers
  • Dependence on a limited number of customer

Opportunities

  • Focus on expanding in the emerging nations and global markets
  • Focus on new applications and products

Threats

  • Fluctuations in polysilicon prices
  • Delays or denial of approvals, permits or licenses by government authorities
  • Highly competitive market

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Product Offering

  • Trina Solar
    • Ku Modules
    • Commercial
    • Residential

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 rose from USD 1,775 Mn in 2013 to USD 3,036 Mn in 2015.
Trina Solar — By Business Segment
Series (USD Mn)201320142015
SBU breakup-01,7752,2863,036

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