Oct. 10 (Bloomberg) — Trina Solar Ltd., China’s largest
profitable panel manufacturer, agreed to sell a 10.6-megawatt
power plant in the U.K. to funds managed by Foresight Group LLP.
Trina expects to recognize revenue from the sale this
quarter, the Changzhou-based company said today in a statement.
Terms weren’t disclosed.
The solar farm in Trehawke is one of two Trina plants
connected to the U.K. grid in the first quarter. The company is
building another 49.9 megawatts of solar projects in the U.K.
that it expects to complete in the first quarter of 2015.
To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Will Wade, Tina Davis