Two years after rebounding to profitability in the wake of the last industry downturn, Trina posted a net loss of $20m for the third quarter of 2015. That loss compares to a net profit of $41m in the previous quarter, and a $10.6m profit in the third quarter of last year.

Solyndra, a maker of novel thin-film panels, went bankrupt in 2011 after receiving a $535m loan guarantee from the US government.