Trina Solar doubled shipments in 2009 but revenue flat with 2008
Full year financial figures from Trina Solar highlight the price declines seen by one of the major China-based PV manufacturers. Although solar module shipments were approximately 399MW in 2009, virtually double (98.5% growth) 2008 shipments of 201.0 MW, revenue remained flat (1.6% higher) with the previous year at US$845.1 million. However, module shipments and capacity expansion will double again in 2010. Trina Solar remains nearly 100% allocated even with planned capacity expansions in 2010.