(Bloomberg) — Trina Solar Ltd., the largest solar
manufacturer, will build a $160 million factory in Thailand to
produce modules and cells used in its panels.
The facility will have the capacity to make 500 megawatts
of modules and 700 megawatts of cells, Changzhou, China-based
Trina Solar said Wednesday in a statement. Production will begin
late this year or early next year.
“Thailand is an ideal location for us to build a new
manufacturing base due to its proximity to key emerging markets
in the Asia Pacific region,” Zhiguo Zhu, chief operating
officer of Trina’s module business unit, said in the statement.
Global solar installations this year may exceed 60
gigawatts — with almost half of that in China and Japan — and
surpass 68 gigawatts next year, according data compiled by
Bloomberg New Energy Finance.
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Tina Davis, Jim Efstathiou Jr.