Core Insights - The photovoltaic industry in China is rapidly developing, with a cumulative installed capacity of 887 million kilowatts by the end of 2024, solidifying its position as the second-largest power source domestically [2] - Companies are facing challenges such as supply-demand imbalance and intense competition, leading to a general decline in profitability and increased losses across the industry [2] - Trina Solar is leading the industry in standardizing component sizes and promoting a friendly photovoltaic ecosystem, achieving over 170 GW in shipments of its 210 components in 2024 [2][3] Industry Developments - The demand for flexible adjustment resources in the power system is increasing due to the large-scale integration of new energy sources, prompting leading companies to accelerate the integration of solar and storage solutions [3] - Trina Solar's energy storage capacity saw over 100% growth in 2024, with a shipment volume of 4.3 GWh, doubling from 2023, and it aims to ship between 8 GWh and 10 GWh in the current year [3] Technological Advancements - The industry is actively pursuing next-generation photovoltaic technologies, with Trina Solar leading in perovskite solar cell patents, holding 481 patents and ranking first globally [4] - Trina Solar's self-developed 210 mm large-area perovskite-silicon tandem solar cells achieved a maximum efficiency of 31.1%, setting new world records in both efficiency and component power [4] Strategic Shifts - Trina Solar has transitioned from a photovoltaic product manufacturer to a comprehensive solution provider for photovoltaic and energy storage, focusing on new growth areas such as smart microgrids and green hydrogen production [5][6] - The company aims to enhance its market position by increasing the proportion of new business and shifting from price competition to value creation, thereby building a green and low-carbon energy supply system for end users [6]

Core Insights - The world's first 808W perovskite/silicon tandem solar module has been developed by Trina Solar, marking a significant milestone in the photovoltaic industry [1][2] - The new module, with an area of 3.1 m², has been certified by TÜV SÜD, setting a new world record for industrial standard solar modules [1] - Trina Solar has been investing in perovskite tandem technology since 2014, collaborating with several universities and research institutions to enhance the efficiency of these solar cells [1][2] Company Developments - Trina Solar has filed a total of 331 patents in the field of perovskite tandem technology, focusing on improving conversion efficiency through various innovative methods [1] - The successful development of the 800W+ perovskite/silicon tandem solar module solidifies Trina Solar's leadership position in next-generation photovoltaic technology [2] Industry Trends - The efficiency of crystalline silicon solar cells is nearing its physical limits, prompting a shift towards higher efficiency tandem solar cells, with perovskite tandem technology being a key solution [2] - The theoretical efficiency of perovskite tandem technology can reach up to 43%, representing a historic transition from silicon-based to tandem solar cells, which opens new possibilities for sustainable development [2]