Trina Solar Inks 10 MW EPC Turnkey Solutions Deal With Shamsuna Power In Jordan

(RTTNews) - Trina Solar Limited (TSL), a global leader in photovoltaic solutions, said it has entered into an agreement for the design, build and operation and maintenance of the 10 MW Shamsuna Solar Project in Aqaba, Jordan with Shamsuna Power Co.

Foursan Capital Partners will hold a 85 percent stake and Shamasuna Power will hold a 15 percent stake in the project.

The project is being financed by International Finance Corp. and a small syndicate of lenders.

Construction of the project is scheduled to commence in December with completion and grid connection expected in the second quarter of 2015.

Once the plant is completed, Trina Solar will provide Operation and Maintenance services on the project, based on a 5 year service agreement with a possible 5 year extension upon mutual agreement.