With the completion of the transaction, Huadian Fuxin will assume 100% ownership of the project from Trina Solar.
Trina Solar chairman and CEO Jifan Gao said that Wuwei is an ideal location for a solar plant because of its abundant solar resources.
"This transaction represents a significant milestone for Trina Solar, as it showcases our ability to develop large-scale downstream projects with a complete project cycle from designing, construction, operation to the final sale," Gao added.
Trina Solar, which was founded in 1997, provides photovoltaic modules, solutions and services, while Huadian Fuxin covers power generation businesses such as hydropower, wind power, coal-fired power, distributed energy, nuclear energy, biomass energy and solar energy.
Image: Trina Solar has sold 50MW solar power plant, situated in Gansu province, China. Photo: Courtesy of Naypong/ FreeDigitalPhotos.net.
