Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, which set to begin production in 2025. As one of the world's biggest solar panel makers by sales, Trina will invest $400 million in the plant which would span 25 hectares of industrial land.
Trina's new investment in Vietnam follows an investigation by the U.S. Department of Commerce, which reported in August that Trina was among five Chinese solar companies who used their plants in Southeast Asian countries to envade punitive tariffs on Chinese-made panels. The U.S. claims these panels benefit from unfair state subsidies.
