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Trina Solar remains committed to 500MW solar cell and module capacity expansion


Plans by Trina Solar to build-out its next-generation cell technology, despite industry conditions have been secured with a structured term loan facility of up to US$100 million dollars with Standard Chartered Bank. With the PV industry suffering from overcapacity, the majority of PV manufacturers are in cash preservation mode and have put a hold on capital spending. The loan will be used exclusively to Trina’s East Campus project, which includes 500MW of cell and module capacity and feature its high-efficiency Honey cell technology.

Previously, Trina Solar had said the expansion would take place in 2012 and provides some hope to equipment suppliers providing leading-edge technology in what is expected to be a lean year for sales.

NPD Solarbuzz recently said that it expected a significant fall in capital spending in 2012 and that equipment suppliers were at risk of experiencing year-on-year revenue declines in the 60-70% range.

The Trina Solar expansion plans are one of the few not be postponed.


  • Photovoltaics International 29th Edition

    Forecasting the evolution of a young, dynamic industry is by definition an uncertain business, and solar is no exception. Rarely, if ever, do the numbers broadcast by any of the various bodies involved in the PV prediction game tally, and even historical deployment rates remain the subject of hot debate. The paradox is that getting forecasts broadly right is going to become increasingly important over the next few years, particularly for those involved in producing the equipment that will support whatever levels of demand come to pass.



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