The deal will follow Trina Solar's merger with Fortune Solar and its subsidiary Red Viburnum, pursuant to which the solar firm will be acquired by an investor consortium in an all-cash transaction.

The consortium will include Trina chairman and CEO Jifan Gao, Shanghai Xingsheng Equity Investment & Management, Shanghai Xingjing Investment Management Company, Great Zhongou Asset Management (Shanghai), Liun Xinshi Asset Management Company and respective affiliates, among others.

Under the deal, share holders will receive $11.60 per American depositary share, which is equal to the initial preliminary price made in December last year.

After completion of the merger, Trina Solar will be become a privately-owned company and will be delisted on the New York Stock Exchange.

The merger, which is expected to be completed during the first quarter of 2017, is subject to customary closing conditions including approval by at least two-thirds of the owners of Trina Solar's voting shares.

Trina Solar was established in 1997 as a photovoltaic (PV) system integrator. It delivers PV modules, solutions and services.

In June this year, Trina Solar accepted the resignation of its CFO, Teresa Tan.

The company said named Xu Ying, currently a vice president and strategy assistant to the CEO at the company, as interim CFO.