Trina claimed the arrangements with blue-chip Western financiers are a “milestone” for the company in securing credit backing from beyond the Chinese finance community, which is the staple of many of China’s ambitious international PV players.

The group’s Trina Solar US unit signed a $60m five-year revolving loan deal with Wells Fargo, which Trina said “will provide the working capital necessary to capture the market opportunities in the region”.

The