“The third quarter continues to be a challenging time for the solar industry,” says chairman and chief executive Jifan Gao.

Trina reported a third quarter net loss of $31.5m, or $0.45 per American Depositary Share, against a nearly $83m profit in the third quarter of 2010.

The company shipped 370MW of modules, up 27.4% from a year earlier, with an average selling price of $1.25