A trench capacitor structure for improved charge retention and method of manufacturing thereof are provided. A trench is formed in a p-type conductivity semiconductor substrate. An isolation collar is located in an upper portion of the trench. The substrate adjacent the upper portion of the trench contains a first n+ type conductivity region and a second n+ type conductivity region. These regions each abut a wall of the trench and are separated vertically by a portion of the p-type conductivity semiconductor substrate. A void which encircles the perimeter of the trench is formed into the wall of the trench and is located in the substrate between the first and second n+ type conductivity regions.