Shenzhen Nanshan Power has agreed in principle to buy a controlling stake of 51% to 70% in Trina Solar's photovoltaic tracker subsidiary, the company said on 30 October 2026.
Why Shenzhen Nanshan Power Co., Ltd. is buying Trina Tracker (Trina Solar's photovoltaic tracker unit, 51%–70%)
The company said the deal is part of its transformation and an effort to strengthen its core competitiveness.
Deal terms and financing
The stake would be paid for in cash. The final percentage, price and payment terms will be set after audit, valuation and due diligence.
Regulatory approvals and timing
A formal agreement still needs internal and regulatory approvals under China's major asset restructuring rules.
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