Vertically integrated Chinese solar company Trina Solar (NYSE: TSL) announced that it intends to invest approximately $800 million over three years to expand manufacturing capacity and research and development facilities.
The company did not give a figure in megawatts for the size of the manufacturing expansion.
Trina Solar also announced that its subsidiary Changzhou Trina Solar Energy Co. Ltd. surpassed the revenue milestone of 10 billion Renminbi (US$1.51 billion) for the calendar year 2010. This figure does not represent the consolidated revenue of Trina Solar Limited in 2010.
As announced on November 30, 2010, the Company reiterates its total 2010 PV module shipments to be approximately 1 gigawatt (GW), representing an increase of approximately 151% from the annual PV module shipments in 2009.
Loading...