Trina Solar made a gross profit of $566.6m in 2015, an increase of 47% on the $385.6m in 2014.
The increase came on the back of growth in solar module shipments of 56.8% to 5.74GW from 3.66GW in 2014.
The company said strong demand came from China, Japan and the US.
Net revenues stood at $3bn in 2015, up almost one-third on the previous year.
In 2016, the company expects total PV module shipments of between 6.30GW and 6.55GW.
Trina Solar chairman and chief executive officer Jifan Gao said: “2015 was in many ways a strong year for Trina Solar as we achieved record results on both a sequential and year-over-year basis in each quarter.
“During the year, we entered the Indian market and a number of other emerging markets, which helped to expand our global footprint from 43 to 63 countries. We also made progress on our global capacity expansion plans.
“Our partnered facilities in Vietnam and Malaysia, where we employ a relatively asset light model, helped to meet the growing demand for our products in overseas markets, and we expect our cell and module facility in Thailand to become operational in 2016.”
Image: Trina Solar
