Trina Solar Limited is a Chinese manufacturer of photovoltaic modules, which was founded in 1997 as a system installation company. Trina Solar's solar modules provide electric power for residential, commercial, industrial and other applications worldwide.

Trina Solar is currently one of the few photovoltaics

Photovoltaics

Photovoltaics is a method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect. Photovoltaic power generation employs solar panels composed of a number of solar cells containing a photovoltaic material...

 manufactures that has developed a vertically integrated supply chain from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules. Trina Solar sells its products in Europe and other countries around the globe. Trina Solar successfully completed its initial public offering

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 on the New York Stock Exchange

New York Stock Exchange

The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 in December, 2006. Trina Solar also sponsors the 2011 Renault F1 team.

Production

Trina Solar is the third largest solar module company in China and the fourth largest solar panel company worldwide, according to PVinsights. Trina Solar is also the third largest silicon solar module company in the world since First Solar

First Solar

First Solar, Inc. is an American manufacturer of thin film photovoltaic modules, or solar panels, and a provider to PV power plants of supporting services that include finance, construction, maintenance and end-of-life panel recycling...

is a thin-film based solar module company. Trina Solar enlarges its business with leaps and bounds, it shipped around four houndred MW of solar panels in 2009 and it will hit almost four times the 2009 numbers in 2011, according to PVinsights.

Trina Solar is also a vertically integrated solar manufacturer with capabilities of solar modules, solar cells and solar wafers. It is believed that in a quick free price fall situation, vertically integrated solar companies could sustain more pressure than others. In 2Q11, solar cell price dropped 32.2%, according to PVinsights historical solar price. Five leading Chinese solar module companies, most of them vertically integrated expand their market share to over 30%, a huge jump from below 20% in 2Q09, according to PVinsights monthly updated solar module shipment report