The company is yet to decide the timing of the IPO.
Trina Solar chief financial officer Teresa Tan told Recharge?: "We continue to focus on creating greater retained value through building and holding projects which generate steady electricity revenue and cash flow.
"As we build a portfolio to a critical mass, we will spin off the downstream business in a separate IPO.
"We’re still in the early stage of evaluating what is the best way to maximise the value, and at the same time make a meaningful spin off."
The company is planning to develop low-cost photovoltaic (PV) production plants outside China this year in order to boost its production capacity while avoiding anti-dumping duties set by the US and the EU on China and Taiwan-made solar products.
The new PV production plants are likely to be built in southeastern Asia, India and South America as part of its efforts to expand its solar cells production capacity by 500MW and for panels by 800MW this year.
In 2015, Trina is also planning to invest between $250m and $300m in its production operations and around $1bn in downstream.
