Shenzhen Nanshan Power seeks majority stake in Trina Solar’s tracker business

T2Covered by 1 source · first reported by Utility Dive / pv magazine / Energy-Storage.news at 03 Nov, 10:58 UTC

Shenzhen Nanshan Power plans to acquire a 51% to 70% stake in Trina Solar’s tracker business through a cash transaction. The proposed deal could provide Trina Solar with additional capital as it navigates financial pressure and intensifying competition in China’s solar sector. The post Shenzhen…