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N-type influence: Trina Solar expects 58.36% surge in profits

Trina Solar expects net profit ranging from ¥5,272.50 million to ¥5,827.50 million (USD 734 million ~ USD 811 million), reflecting a substantial YoY growth of 43.27% to 58.36%.

N-type influence: Trina Solar expects 58.36% surge in profits

The company attributes the key drivers behind this surge to advancements in n-type production capabilities.

Notably, the sales proportion of Trina Solar’s TOPCon modules has seen a significant uptick. The high-power 210 series products have experienced substantial sales growth and earned recognition in the market.

The gradual release of the company’s self-produced n-type silicon wafer capacity has played a crucial role in reducing the overall cost of its modules.

Despite challenges in the latter half of the year, including shifts in industry dynamics and declining prices in the PV sector, Trina Solar has leveraged its global branding, channel strength, and distribution market advantages to fuel rapid growth, said the company.

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