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Chinese PV Industry Brief: Trina Solar expands upstream ties with stake in encapsulation film maker
Trina Solar plans to acquire a 1.6% stake in Chinese PV encapsulation film manufacturer Betterial for CNY 40 million ($5.88 million). The investment aims to strengthen upstream supplier ties and improve supply chain stability.
AI Summary
Trina Solar announced it will buy a 1.6 % stake in Chinese PV encapsulation film maker Betterial for CNY 40 million (about $5.88 million). The purchase is intended to deepen the company’s upstream supplier relationships. By holding a minority share, Trina aims to secure a more stable supply of encapsulation film for its solar panels. The investment reflects the firm’s strategy to strengthen its supply chain resilience.
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