Trina Storage Achieves Higher Financing Rating from PV Tech, Strengthening Global Market Position

Trina Storage Achieves Significant Rating Upgrade in Financing Capability by PV Tech, Further Endorsing Global Expansion

On April 25, 2025, PV Tech, an international authority, released its financing capability rating report for global battery energy storage system manufacturers for the first quarter of 2025. Trina Storage has been recognized for its exceptional system integration solutions, robust financial performance, global market leadership, and outstanding financing capability, leading to a significant upgrade in its rating. The company was also nominated as a “Key Supplier in Major European Markets,” solidifying its position as a leading energy storage system integrator worldwide.

The PV Tech financing capability rating system is a widely recognized assessment tool in the industry. The report provides a comprehensive evaluation of global energy storage suppliers based on their manufacturing capabilities and financial health. It analyzes various performance indicators including production capacity, shipment volume, R&D capabilities, product reliability, financial cash flow, and profitability to ultimately determine the rating.

This rating upgrade and nomination as a “Key Supplier in Major European Markets” highlight Trina Storage’s growing influence in strategic markets across the UK, Germany, Italy, and other parts of Europe, as well as its recognized overall strength in the capital market. As an innovative enterprise with years of experience in the energy storage sector, Trina Storage has achieved continuous growth in production capacity and project delivery through a strategy of vertical integration across the entire supply chain.

At the end of 2022, Trina Storage launched the Elementa series of products, establishing a complete self-production capability that spans from battery cells to battery containers to AC-side system integration. Financially, Trina Storage benefits from the strong backing of Trina Solar and the synergies between solar and storage, providing substantial support for its energy storage business. As this sector continues to develop healthily and attract sustained investment, its contribution to the group’s diversified revenue is expected to rise.

Notably, Trina Storage’s contextualized energy storage solutions leverage network construction technology, high-temperature resistance design, and ultra-long cycle performance to effectively address the diverse needs of large power plants, zero-carbon parks, and microgrids, while catering to energy storage applications in extreme conditions such as high cold and high-temperature environments. By the end of 2024, the Elementa series products are projected to have shipped over 10 GWh, positioning Trina Storage as a key player in the low-carbon energy transition and green development.

Helena Li, Executive President of Trina Solar, stated, “This recognition validates our long-term strategy to develop safe, reliable, and financially attractive energy storage solutions. We will continue to expand our global footprint, empowering our partners with high-quality products and professional technology to drive the global transition to clean energy.”

This rating enhancement marks another significant milestone in Trina Storage’s development. Earlier this year, the company was listed in S&P Global’s TOP 10 Battery Energy Storage System Integrators for 2024. The latest generation of the liquid-cooled energy storage system, Elementa 2, has also received independent financing capability certifications from DNV and UL Solutions, verifying its safety, reliability, and investment readiness. These achievements collectively showcase Trina Storage’s accelerated rise in a highly competitive global market.

Looking ahead, Trina Solar will continue to innovate technologically, providing even more advanced, reliable, and high-quality energy storage products and system solutions to meet the diverse demands of energy storage applications, contributing to the realization of a beautiful zero-carbon world!