Chinese module maker Trina explores tie-ups to fund distressed solar projects
MUMBAI : Trina Solar of China is keen to invest in Indian solar power projects as part of its wider strategy to expand the market for its own solar modules and photovoltaic cells, the head of its local partner said.
The company is keen on under-construction projects and distress opportunities in India’s renewable energy sector, said Raj Kumar Roy, founder director at Engenrin Energy Pvt. Ltd, a renewable energy startup which is the development and engineering-procurement-construction (EPC) partner for Trina Solar in India.
“Trina Solar is keen to expand its project development businesses in India by either partnering with large developers to offer EPC-plus-financing or by buying out projects struggling for finance.
