Trina Solar to Invest $500 Million in India-Based Solar Plant
Per a media report, Trina Solar Limited is going to invest $500 million for building a 2-gigawatt solar module plant in India in partnership with Welspun Energy Ltd. The plant's output will be exported to the U.S. and European markets, which have imposed punitive trade duties on solar shipments from China.
The facility will be built in either Gujarat or Andhra Pradesh. Construction of the plant will be completed in two phases over a period of about 18 months.
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