Trina Solar, a Chinese solar power equipment manufacturer, on Tuesday signed a memorandum of understanding (MoU) with the Andhra Pradesh government to set up a plant with an investment of Rs.2,800 crore.
The plant will come up at Atchutapuram in Visakhapatnam district.
S.S. Rawat, Andhra Pradesh's secretary for industries, and Chen Shou Chung, vice president of Trina Solar, signed the MoU in the presence of Chief Minister N. Chandrababu Naidu in Vijayawada.
The chief minister said this will give a huge fillip to the energy-efficient practices promoted by the state government and create employment opportunities for 3,500 people.
Trina Solar is one the world's leading companies that specialises in the manufacture of crystalline silicon photovoltaic modules and system integration. It also develops and produces ingots, wafers, solar cells and solar modules.
