Trina expects to deliver 1,400 megawatts of solar panels this year, down from August guidance of 1,750 megawatts to 1,800 megawatts, the Changzhou, China-based company said today in a statement.
Trina plans to release third-quarter results after the close of regular U.S. trading on Nov. 21 and will discuss them with analysts and investors on a conference call at 5 p.m. in New York.
Trina was up 9 cents to $8.14 at 9:09 a.m. in premarket trading in New York. The shares have declined 66 percent this year, compared to the Standard & Poor’s 500 Index 1.6 percent decline over the same period.
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