Connect with us

Hi, what are you looking for?


Clean Power

Trina Solar Remains World’s Number 1 Solar PV Module Producer, Says GlobalData

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Chinese solar PV manufacturer Trina Solar remained the world’s top solar PV module producer in 2015, according to research and consulting firm GlobalData.

Trina-2According to GlobalData, Trina Solar held on to its position as the world’s number one producer of solar PV modules in 2015, producing 4.55 GW of crystalline modules. GlobalData attributed much of this success to Trina Solar’s “efforts to expand its presence in key markets across the globe” which has provided the company with numerous extra opportunities to sell their product.

“Trina Solar has experienced impressive results over the past year,” explained Ankit Mathur, GlobalData’s Practice Head for Power. “For example, it has announced a new efficiency record of 22.13% for its mono-crystalline silicon solar cell, which breaks the previous record of 21.40% and demonstrates an impressive efficiency improvement of 0.73 percentage points within only one year.

“In addition, the company has announced a new manufacturing base in Thailand to add 500 MW module and 700 MW cell capacities, and this, along with its Malaysia facility, will help to expand Trina Solar’s production and boost competitiveness in global markets.”

Trina Solar also finished off 2015 by restructuring its company, splitting into two separate units — a China system business unit (SBU) and an international SBU, designed to reflect the company’s “strategy and ambitions to become a first-tier global player in the downstream business.” The move came immediately after receiving a buyout offer from the company’s own Chairman and Chief Executive.

Canadian Solar-2In second place behind Trina Solar was Canadian Solar, which claimed second spot with 3.9 GW in 2015 — a year which also heralded the acquisition of Recurrent Energy for approximately $265 million in cash.

“The acquisition enables Canadian Solar to more than double its total and late-stage solar project pipelines, and propelled the company from fourth in 2014 up to second place last year, overtaking Yingli and JinkoSolar,” Mathur added.

“Canadian Solar has a substantial global project pipeline, a strong downstream project development business and offers low manufacturing costs. The company has also begun to offer a new upgraded warranty on its polycrystalline PV modules by guaranteeing a lower first year power output degradation.”

Canadian Solar’s 2015 was so good, in fact, that the company has recently raised its guidance for its fourth quarter and full year financial reports. Canadian Solar announced that it was raising yearly guidance significantly, thanks in part to a supremely strong fourth quarter.

The remainder of the rankings were: JinkoSolar Holding with 3.79 GW; JA Solar Holdings with 3.38 GW; Hanwha Q CELLS with 3.2 GW.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

EV Obsession Daily!

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

Tesla Sales in 2023, 2024, and 2030

CleanTechnica uses affiliate links. See our policy here.
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


You May Also Like

Clean Power

Even as Fossil Energy Still Provides Most of the World’s Electricity, New Electricity Generating Capacity Is Dominated by Renewable Energy Projects

Clean Power

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In terms of absolute scale, China and the...

Clean Power

The long wait for low-cost, high-performance perovskite solar cells is coming to a close. Now the fun begins.

Clean Power

JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.