Dec. 31 (Bloomberg) -- Trina Solar Ltd., China’s second- largest solar-panel maker, is planning to build in the western Xinjiang region a power plant with 1 gigawatt of capacity, about the same as a new nuclear reactor.
Trina signed a framework agreement with local authorities in Turpan Prefecture to develop the ground-mounted solar farm, the Changzhou, China-based company said yesterday in a statement. It’s also planning a factory in the area to supply components for the project.
“The solar plants will ensure a stable supply of clean energy and improve reliability of electricity supply to the surrounding regions,” Chief Executive Officer Gao Jifan said in the statement.
The project will be built in phases over four years starting in early 2014. The company expects the first two phases, totaling 300 megawatts in capacity, to be completed and connected to the grid by the end of next year.
Trina is China’s largest solar-panel maker after Yingli Green Energy Holding Co.
--Editors: Amanda Jordan, Ana Monteiro