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Trina Solar Sets New World Record for Solar Technology Efficiency

by THEFUTURE.TEAM

January 6, 2025

China’s Trina Solar (688599.SS) has achieved a groundbreaking milestone in solar technology, setting a new world record for conversion efficiency in its n-type fully passivated heterojunction (HJT) modules. The company announced the achievement on Monday, following certification by Germany’s Fraunhofer CalLab, a leading solar research institute.

A Leap Forward in Efficiency

In laboratory tests, Trina’s HJT modules demonstrated an impressive 25.44% efficiency. This refers to the percentage of sunlight converted into usable electricity, a key metric in solar technology. By enhancing cell efficiency, solar installations can be downsized while costs are reduced, offering a significant advantage in the renewable energy market.

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The technology behind the achievement, known as passivation, involves covering surface defects on solar cells to improve their performance. According to Professor Martin Green from the University of New South Wales, Sydney—whose lab previously held the efficiency record for decades—the result underscores the promise of HJT as a next-generation solar technology.

“In the long run, it’s all about efficiency,” Green said. “Even if some technologies are initially more expensive, costs tend to drop quickly as the industry adapts and scales up.”

Trina Solar’s Vision

Trina Solar’s Chairman and CEO, Gao Jifan, emphasised the company’s commitment to advancing passivated solar technology through ongoing research and development. “This achievement strengthens our leadership in solar technology, and we will continue to push the boundaries of innovation,” he stated.

The Future of HJT Technology

While HJT technology currently represents a small share of the market—estimated at 7% of high-efficiency solar cell capacity in 2024, rising to 9% by 2026—it holds significant potential. However, it faces stiff competition from TopCON (Tunnel Oxide Passivated Contact) technology, which is projected to dominate the market over the next five years.

This milestone not only represents a breakthrough for HJT technology but also sets a new benchmark for the photoelectric conversion efficiency of single-crystalline silicon solar cell modules, Trina noted in its statement.

As the race for efficiency continues, innovations like these are expected to play a crucial role in shaping the future of renewable energy.

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EU Adopts New Package Travel Rules With 14-Day Refund Requirement

The Council of the European Union adopted updated rules on package travel, introducing stricter requirements for refunds, transparency and consumer protection across member states. Updated provisions revise the existing directive and define obligations for travel providers offering bundled services such as flights, accommodation and transfers.

Clarifying The Package Travel Directive

The updated directive clarifies the definition of package travel and excludes certain linked travel arrangements from its scope. Coverage applies to services sold as a single product, including combinations of transport, accommodation and additional services. This revision standardizes how travel products are classified and clarifies rights and obligations for both providers and consumers at the point of purchase.

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Enhancing Transparency And Consumer Rights

New rules require providers to disclose key information before and during travel, including payment terms, visa requirements, accessibility conditions and cancellation policies. These disclosures aim to reduce disputes and improve consumer awareness. Defined refund timelines include a 14-day period for cancellations due to extraordinary circumstances and up to six months in cases of organiser insolvency. The measures address gaps identified in earlier versions of the directive.

Ensuring Accountability And Trust In Travel Services

Organisers must implement complaint-handling systems and provide clear information on insolvency protection under the updated framework. These provisions aim to improve accountability across the travel sector. Previous disruptions, including the collapse of Thomas Cook and travel restrictions during COVID-19, exposed weaknesses in refund processes and consumer protection. Updated rules respond to those issues.

Implications For Cyprus And The Broader Industry

Tourism accounts for approximately 14% of Cyprus’s GDP, with package travel playing a central role in visitor flows. Major operators such as TUI and Jet2 provide structured travel offerings that support demand. Such operators contribute to revenue stability and help extend the tourism season by securing transport and accommodation in advance. Greater regulatory clarity may support continued sector growth.

A Model For Future Consumer Protection

Clearer rules on vouchers, refunds and insolvency protection now apply across the European Union. These measures aim to reduce consumer risk in cross-border travel. Implementation across member states will determine the impact on both consumers and travel providers. The framework may influence future regulatory approaches in the sector.