Trina Solar cancels plan for polysilicon plant
Trina Solar Ltd (TSL: Quote), a solar photovoltaic products maker, said on Monday it scrapped a plan to build a $1 billion polysilicon production plant as supplies of the material have become more accessible.
"As a result of favorable change in the polysilicon supply environment, Trina Solar now believe it has greater access to polysilicon feedstock to support its growth objectives," the China-based company said in a statement....MORE
*That's 15.9% since Friday's open when "Trina Solar: Cowen Ups Ests Way Above Consensus (TSL) "
