Trina Solar appoints advisors on chairman’s ‘going private’ bid

Facebook
Twitter
LinkedIn
Reddit
Email
Jifan Gao, Chairman and CEO of Trina Solar

Leading Silicon Module Super League (SMSL) member Trina Solar has appointed Citigroup Global Markets Inc., as its financial advisor and Kirkland & Ellis as its international legal counsel to handle the proposal by Trina Solar’s founder, chairman and CEO, Jifan Gao to purchase all outstanding NYSE shares and lake the company private. 

Trina Solar has already established a ‘Special Committee’ to consider its chairman’s proposals. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company follows a similar move by the founder and chairman of major rival JA Solar, which is listed on the NASDAQ, to take the company private. 

Both moves are seen as response to significant declines in solar company listed shares on the two main US stock markets in 2015, primarily driven down by the stocks being pegged against oil company stocks and energy stocks in general being pegged against oil, which has been suffering from overcapacity and oil prices that have more than halved in the last 12 months. 

China-based solar companies listed in the US have also experienced having shares heavily discounted compared to US-based solar companies listed on the NYSE and NASDAQ exchanges. 

Read Next

September 11, 2025
The EBRD has launched a new programme to improve access to green financing and support energy investments such as renewable power projects.
September 10, 2025
At RE+ 2025, companies launched AI-driven platforms, terrain-following trackers, low-carbon modules, and advanced energy management solutions for solar and storage.
September 8, 2025
Vaisala has launched a new hail alert system aimed at solar operators grappling with an increasingly costly problem for PV installations.
Premium
September 4, 2025
Analysis: A Biden-era policy to suspend the payment of duties on Southeast Asian module imports looks set to backfire badly on an already under-pressure US solar industry.
September 4, 2025
ARENA has launched the second funding round of its AU$1 billion Solar Sunshot programme, making AU$150 million available.
September 3, 2025
LONGi, Jinko Solar, Trina Solar and JA Solar posted combined net losses of nearly RMB11 billion (US$1.54 billion) in H1 2025.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines