Trina Solar has elaborated on its decision to withdraw from the EU-China price undertaking stating that the restrictions within the agreement limited its sales, marketing and manufacturing.
The majority owner of equipment specialist centrotherm has agreed to dispose of its stake, clearing the way for the company to restructure its financing.
Trina Solar has withdrawn from the EU-China price undertaking saying that it is no longer a fair agreement. It will instead serve the EU from facilities outside of China.
Around 20 bidders have entered the frame for the latest 800MW phase of Dubai’s flagship solar project, according to the Middle East Solar Industry Association.
The European Commission confirmed on Friday that it would investigate the possibility of extending trade duties on Chinese solar products but raised question marks over ongoing tariffs on Chinese cells.
