PVTIME – On June 24, Trina Solar disclosed that it intends to issue no more than CNY 8.89 billion of convertible bonds for a silicon pulling project, supplementary working capital and repayment of bank loans.
According to the previous announcement, this project will locate in Xining Economic and Technological Development Zone, Xining City, Qinghai Province, China. The estimated annual output of the project is 35GW of monocrystalline silicon pulling products, which is a part of a whole industry chain project that industry silicon, high-purity polysilicon, solar cells and modules will be included.