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Trina Solar Cancels Polysilicon Facility Plans
Clean Tech, GT Solar, Solar, Trina Solar
Posted by: Megan Ko on Apr 14, 2008 | 19:04
Editorial Summary
Jiangsu-based solar power products manufacturer Trina Solar Ltd (NYSE: TSL) announced on Monday that it will discontinue development of its 10,000 MT polysilicon production facility. The facility was expected to cost $1 billion. Along with the decision, Trina Solar has passed up on a related equipment supply contract with GT Solar worth $49 million. Trina said the decision comes in light of more favorable polysilicon supply conditions.
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