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Chinese solar makers exit Wall Street as valuations slide, shares underperform

An employee of Trina prepares a solar cell before loading it on the production line at the Trina Solar factory in Changzhou, Jiangsu province, China, in April. Trina Solar is the world's biggest solar manufacturer.

New York

WITH its market value slumping, the world's biggest photovoltaic manufacturer is moving to go private, the second solar company this year and probably not the last.

Trina Solar Ltd announced a buyout bid Monday from founder Jifan Gao that offers shareholders a 21.5 per