26, Trina Solar released its annual performance report for 2025, with a total operating income of 67.279 billion yuan in 2025. The net profit loss attributable to the parent company was RMB6.994 billion, compared with a loss of RMB3.443 billion for the same period last year .
With regard to performance changes , Trina Solar said that during the reporting period, the photovoltaic industry was still facing a phased imbalance between supply and demand, the operating rate of each link in the industrial chain was at a low level, the market competition was further intensified, and the price of photovoltaic products in the first half of the year was generally under pressure compared with the same period last year.
Although the price of photovoltaic products increased gradually in the second half of the year under the promotion of anti-involution work in the industry, it was affected by the rapid rise in the cost of key raw materials such as silicon materials and silver paste . The annual profitability of the company's component business has declined compared with the same period last year, and the company's operating performance in 2025 is still a loss.
It is worth mentioning that during the reporting period, Trina Solar said that the overseas market shipments of energy storage business achieved rapid growth, and the market share increased significantly.
Earlier, in a question and answer to investors on January 15, Trina Solar said that the company's energy storage shipments in 2025 exceeded 8 G Wh , of which overseas accounted for more than 60%. It is planned to ship 15-16GWh in 2026 . At present, overseas orders in hand have exceeded 12GWh . It is expected that the proportion of export sales will further increase in 2026.
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