Trina Solar Co Ltd

TrinaTracker, a wholly owned subsidiary of Trina Solar Co., Ltd., has launched two self-developed robotic products, the BUILDEX PV Module Installation Robot and the AURORA PV Cleaning Robot, to expand its Smart PV Ecosystem. BUILDEX uses high-precision AI vision positioning and integrated precision mechanical control to autonomously pick, transport, align and place modules, installing up to 90 modules per hour, 3 to 4 times faster than manual labor, with a height-adjustable base compatible with fixed and tracking brackets and 1P/2P modules and 17-degree platform levelling for sloped land. AURORA delivers unmanned, non-damaging cleaning with proprietary self-correction algorithms that overcome height offsets of up to 50 mm, autonomous route planning with active risk avoidance, and self-powered operation from PV modules for unattended cyclic cleaning. The company said the rollout marks a milestone in its transformation from a tracking system equipment supplier into a Smart PV and Robotics Solution Provider, coupling physical PV assets with digital twins to help plant owners lower LCOE and maximize asset value. TrinaTracker added that global operational data from its worldwide portfolio fuels continuous AI algorithm optimization, and that it will continue enriching its robot portfolio and deepening AI integration across PV scenarios.

Trina Storage, the energy storage business unit of Trinasolar, has signed a Memorandum of Understanding with the Japanese clean energy platform AMP-lify to supply approximately 1 GWh of grid-connected battery energy storage system equipment for AMP-lify's projects in Japan. Under the agreement, Trina Storage will supply its Elementa 3 series BESS and provide related technical support, with its Japan team handling system configuration, technical consultation, delivery coordination and after-sales service. The Elementa 3 uses Trina Storage's in-house 587Ah high-capacity cell and offers up to 6.25 MWh per container for larger utility-scale sites, while the 1.56 MWh Elementa 3 Flex is designed for projects constrained by transport access, limited land or proximity to communities, with an approximately five-square-metre footprint, a weight of about 13 tonnes for standard-truck transport, operating noise of 65 dB or less and modular expansion. The deal comes as Japan's Seventh Strategic Energy Plan projects renewable energy at approximately 40 to 50 percent of power generation in fiscal year 2040 and calls for storage batteries to help balance renewable output. Martin Stein, Representative Director and CEO of AMP-lify, said the cooperation gives the company a strong basis to move projects from site evaluation through construction into reliable operation, while Dr Leo Zhao, Head of Energy Storage at Trinasolar Asia Pacific, cited Japan's road weight limits, narrow site access, mountainous terrain, community noise expectations, seismic design and coastal conditions as factors the two sides can address from the earliest stages of development. Trina Storage has been recognized as a BloombergNEF Tier 1 energy storage supplier for 11 consecutive quarters.

SUPEREIF, the Super Energy power plant infrastructure fund, has revised its solar panel replacement plan, cutting the number of target projects from 4 to 3: Hua Wa 2, Ban Lam 1, and Ban Lam 2, while cancelling the Non Hom project. The total capacity of the panels to be replaced has been raised to 4.52 megawatts from the original plan of 4.02 megawatts. Pornchalit Ploykrajang, Managing Director of Real Estate & Infrastructure Investment at Bualuang Asset Management, said the revised plan lifts the total investment budget for solar panel replacement to 37.15 million baht, of which SUPEREIF's 80 percent share amounts to 29.72 million baht. The main reason is that additional damage to solar panels was found during inspections, requiring capacity at the Ban Lam 1 project to be increased to 2.00 megawatts. Because the cost of amending permits is relatively high, the targets were consolidated into just 3 projects. Global solar panel costs have also risen after the Chinese government announced the cancellation of value-added tax rebates for exported panels, surging raw material prices, and the impact of oil prices. The fund selected Super Energy Corporation, or SUPER, as the winning bidder, and 17 Anyavee Holding, or 17AYH, will sign the contract hiring SUPER in mid-September 2026. The replacement of solar panels across all 3 projects is expected to be fully completed by the end of February 2027. The plan uses high-efficiency 480 W Vertex S+ Dual Glass Monocrystalline panels from Trina Solar. The old panels that are removed and remain in good condition will be used as spare parts for replacement in other projects. Every (Thailand) Co., Ltd., the technical advisor and fund supervisor, views the plan as appropriate both technically and economically, and expects it to significantly increase the projects' power generation and revenue, with a payback period of about 11 months to 1 year and 3 months.

Trinasolar has supplied 200 Vertex S+ 500W solar modules for a new 100 kW rooftop system at the National Wine Centre of Australia, a landmark tourism and hospitality venue in Adelaide. The installation, delivered by Venergy Solar, spans two buildings with complex roof geometries and was designed to remain largely concealed from public view while the venue stayed operational. The modules feature n-type i-TOPCon technology for high efficiency and low degradation. Edison Zhou, Trinasolar's head for Australia, New Zealand and Pacific Islands, highlighted the modules' power and format flexibility, while Venergy CEO Matthew Wilkins noted the need for site-specific engineering. National Wine Centre General Manager Simon Burgess said the investment supports the venue's sustainability goals.

Trina Solar reported a net loss attributable to the parent of 270 million yuan in the first half of 2026, a sharp 90.74% improvement from the 2.918 billion yuan loss in the same period last year. However, its non-recurring net loss remained at 2.89 billion yuan, roughly flat year-on-year. The over 2.6 billion yuan gap between the two figures mainly came from investment gains on the partial disposal of T1 Energy shares acquired in an earlier strategic transaction, as well as fair value gains on the remaining stake. The transaction originated in November 2024, when the company sold its 5-gigawatt module factory in the United States to T1 Energy, receiving cash, senior notes, and a large number of common shares. In the first half of 2026, the partial disposal and fair value increase together contributed approximately 2.62 billion yuan in non-recurring gains. The energy storage business emerged as a bright spot in the main operations, with first-half shipments exceeding 5 gigawatt-hours, up 188% year-on-year, delivering a meaningful positive profit for the company. Trina Solar had previously cancelled two rounds of equity incentive shares due to unmet performance targets. Its new 2026 incentive plan sets a target of no less than 200 million yuan in net profit for the year, but the 270 million yuan loss in the first half means it will need to contribute roughly 470 million yuan in net profit in the second half to meet the goal.

Penghua STAR New Energy ETF and Penghua ChiNext New Energy ETF both gained more than 1.3%, as the 15th Five-Year Plan for the construction of new power systems jointly issued by the National Development and Reform Commission and the National Energy Administration boosted the new energy sector. The plan proposes that by 2030, the new power system will be preliminarily established, with non-fossil fuel power generation accounting for 50% of the total, and a new power grid with a capacity of 2.8 billion kilowatts will be initially built. As of 10:25 a.m. on August 4, 2026, the SSE STAR New Energy Index rose 1.55% to 1.37 yuan, Penghua STAR New Energy ETF rose 1.37% to 1.18 yuan, and Penghua ChiNext New Energy ETF rose 1.42% to 1.36 yuan. Guorong Securities noted that State Grid will focus on key areas such as ultra-high voltage flexible DC transmission to ensure the outbound transmission and consumption of clean energy from large bases, and manufacturers of ultra-high voltage equipment and distribution network equipment are expected to see development opportunities. Penghua STAR New Energy ETF tracks the SSE STAR New Energy Index, which selects 50 securities with large market capitalization from the STAR Market in sectors such as photovoltaics, wind power, and new energy vehicles. The top ten holdings include Haibo Sichuang, Trina Solar, and Jinko Energy, accounting for a combined 46.18%.

The solar equipment sector has recently bottomed out and rebounded, with leaders such as LONGi Green Energy, JinkoSolar, and Tongwei shares bouncing back. However, five giants together project combined net profit attributable to the parent company for the first half of 2026 at a loss of 13.78 billion to 15.76 billion yuan. Since July, three mandatory national standards for the solar sector have been released, covering key links across the entire industrial chain including polysilicon, wafers, modules, and inverters. Set to take effect on January 1, 2027, they will accelerate the elimination of outdated capacity. Subsequently, the group standard General Principles for Cost Accounting Models in the Solar Industry was introduced, and the State Administration for Market Regulation went to Yancheng to conduct price compliance guidance, steering the industry from competing on price to competing on value. Tian Lihui, a finance professor at Nankai University, believes that administrative force correcting cutthroat competition combined with spot prices bottoming out creates a resonance between a policy bottom and a market bottom, but digesting the supply-demand gap still requires patience in market clearing. A research report from Soochow Securities projects global new solar installations at 547 gigawatts in 2026, down 11 percent year-on-year, with a return to growth expected in 2027, and notes that the overcapacity situation persists while strong energy efficiency standards will accelerate the exit of backward capacity. Leading companies are actively expanding their second curve. Trina Solar's energy storage and distributed systems business is contributing positive profits, and LONGi Green Energy is advancing its BC technology and integrated solar-storage layout. Experts advise investors to focus on leaders with technological barriers and solid cash flow, while being wary of the risk that capacity clearing falls short of expectations.

The State Administration for Market Regulation plans to hold a photovoltaic industry price compliance guidance session on July 31, marking the first industry meeting since the release of the General Principles for the Cost Accounting Model of the Photovoltaic Industry. Participants include the China Photovoltaic Industry Association and dozens of leading enterprises, covering the entire industrial chain from polysilicon, wafers, cells, to modules. The General Principles took effect on July 27, unifying the scope, coefficients, and models for cost calculation across the entire chain, aiming to eliminate inconsistencies in cost accounting standards and curb irrational competition. Industry analysis suggests that the implementation of a unified cost benchmark signifies a shift in industry governance from self-discipline to institutional constraints, providing a clear basis for determining below-cost dumping. Currently, prices along the photovoltaic industry chain remain persistently low. As of July 20, the polysilicon price index had fallen by approximately 42.3% compared to January. Among the 31 companies in the main industry chain, all 17 that have disclosed first-half performance forecasts are projecting losses, with total estimated losses ranging from 16.847 billion to 19.556 billion yuan.

Trina Solar is positioning itself as a green-computing-power infrastructure provider for AI data centers, advancing what Chairman Gao Jifan calls the Electricity-Computing Synergy model. The company has already deployed one of China's largest operational benchmark projects in this area, the Sanjiangyuan Green Power Intelligent Computing Microgrid with China Unicom, which supplies over 10 million kilowatt-hours annually, cuts electricity costs by about 50%, and reduces overall operating costs by 15%. Trina Solar has set or broken world records in photovoltaic cells and modules 41 times as of June 2026, with its perovskite/crystalline silicon tandem module surpassing 907 watts and securing a first order from a premium global distributed customer. The company has also built a full-stack in-house energy storage technology platform through its subsidiary Trina Storage, extending from green power to AI computing with an integrated model of direct green-power connection, storage, computing infrastructure, and operations. Gao Jifan stated that integrating green energy with green computing power is a global direction, and the company aims for large-scale implementation of Electricity-Computing Synergy and zero-carbon industrial parks.

Trina Solar has released its 2026 half-year performance forecast, projecting a net loss attributable to shareholders of 180 million to 360 million yuan for the first half, narrowing from a loss of approximately 2.918 billion yuan in the same period last year. The company stated that a higher proportion of high-value orders in its module business has improved profitability, while the energy storage and distributed systems businesses contributed positive profits. Additionally, the disposal of certain equity assets and an increase in fair value generated significant investment income and fair value gains, making a positive contribution to current profits.

Trina Solar issued an earnings forecast, expecting a net loss attributable to owners of the parent of 180 million to 360 million yuan for the first half of 2026. The company said the change in performance is mainly due to improved profitability in the module business, positive profit contributions from the energy storage and distributed systems business, and investment income and fair value change gains from the disposal of equity assets.

Trina Solar has launched its Net-zero Forum under the theme 'Leading the New Era of Net Zero: Decoding Trinasolar's ESG Strategic Blueprint,' bringing together industry experts and certification bodies to discuss its ESG strategy and global sustainable development achievements. The company has embedded sustainability into its operations through its SOLAR philosophy, establishing a comprehensive ESG framework that has earned recognition from Fitch Ratings and multiple BSI certifications. Trina Solar is advancing green manufacturing and low-carbon transformation across the full lifecycle, promoting zero-carbon operations, renewable energy use, and digital management of energy, water, and carbon, while also implementing innovative projects like solar-powered desert restoration. On the social front, it strengthens supply chain sustainability through ESG assessments and training for suppliers, and maintains strong employee health and safety performance. In governance, the company aligns with international best practices, enhancing board mechanisms and risk management to build long-term resilience.

Trina Solar has been named to the 2026 Fortune Technology 50 list for the second year in a row. The company was recognized for its continued innovation across solar and energy storage, including a next-generation THBC solar cell that achieved a peak efficiency of 28.00% on a 210R large-area cell, the first time the industry has broken the 28.0% efficiency bottleneck. Trina Solar also reported a 17.4% year-over-year revenue increase in the first quarter of 2026 and positive operating cash flow of 4.1 billion yuan. The company is advancing large-scale commercialization of TOPCon 3.0 technology alongside THBC, and its large-area perovskite/crystalline silicon tandem solar cell has reached a world-leading efficiency of 32.6%. Trina Solar has also deployed the world's first high-altitude, zero-carbon computing-power demonstration project in Qinghai, China, and secured the first commercial order for its tandem PV modules from a premium distributed energy customer worldwide.

Trina Solar has signed the first global order for its perovskite/crystalline silicon tandem modules, marking the initial commercial deployment of such products in the premium residential market. The order comes from New Zealand, a market with stringent requirements for efficiency and reliability, and the modules are based on Trina Solar's world-record 900-plus-watt tandem technology. The company says the ultra-high conversion efficiency can reduce balance-of-system costs by 15 to 20 percent, while the temperature coefficient and low-light performance boost energy generation per unit area by 20 to 30 percent compared with mainstream crystalline silicon modules. Edison Zhou, head of Trina Solar's Asia-Pacific region, called the project a key milestone that validates the global adaptability of the company's tandem products and establishes a replicable benchmark for premium distributed energy markets worldwide.