Sunday, May 20th, 2018

China’s Trina Solar eyes return to profit in H2

BOAO (Reuters) – Chinese solar panel marker Trina Solar Ltd hopes it can snap out of losses from June, its chairman said on Saturday, as it banks on China’s rising demand for green energy and an easing in excess global supply. Trina, which suffered its sixth quarterly loss in February, is one of many solar panel makers bleeding cash as a worldwide glut hammers prices. A trade dispute with Europe may inflict more pain by slapping duties on Chinese panel makers. While the industry may face another turbulent year, Trina Chairman Gao Ji was optimistic as he looked to expanding Chinese demand. …

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