Trina gets Ok to develop 50 MW solar project

Trina Solar gets approval to develop 50 megawatt solar power plant project in China

Associated Press

Trina Solar Ltd. said Monday that it received approval to develop a 50 megawatt grid-connected solar power plant project in north central China.

Financial terms were not disclosed.

China-based Trina said the semi-desert region where the town of Wuwei is located is well-suited for solar energy production due to its strong sunlight and its ability to sell off electricity to other regions in addition to supplying local needs.

Trina's U.S.-traded shares fell 3 cents to $5.59 in afternoon trading.

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