Trina Solar has been rated as a top bankable module supplier, four times in a row

Energy Press Releases Friday August 2, 2019 14:00
CHANGZHOU, China--2 Aug--PRNewswire/InfoQuest

Trina Solar, the world leading global PV and smart energy total solution provider, has received a top rating in the latest annual module and inverter bankability report issued by Bloomberg New Energy Finance (BNEF). With this report, Trina Solar is now the only module manufacturer to be rated as fully bankable for four consecutive years by 100% of the experts participating in the BNEF survey.

The BNEF report has been a valuable reference for business credit at numerous financial institutions. According to the report, corporate financial health, tracked-record of its modules in the field, and manufacturer's warranties are important metrics for financial institutions in their evaluation of PV manufacturers' bankability. For its survey, BNEF reached out to banks, funds, EPCs, independent power providers (IPPs), and technical advisors worldwide. It also engaged in in-depth interviews with quality inspectors and technology experts. These experts represent an installed PV capacity of 25GW globally.

Trina Solar executive vice president Yin Rongfang said, "We are very proud of the great result Trina Solar has achieved once again in this renowned industry report. The report confirms our solid financial condition, proven product quality and good corporate reputation, as well as recognizes our ongoing commitment to long-term sustainability. Trina Solar is committed to creating long-term and robust return on investment for our global customers with higher-value PV modules and integrated solutions."

The latest BNEF report also quotes the annual PV Module Reliability Scorecard, published this year by PV Evolution Labs (PVEL), where Trina Solar has been named a "Top Performer" for its outstanding module reliability and power generation performance among global module manufacturers for the fifth time in a row. The scorecard provides the most comprehensive comparison of publicly-available PV module reliability test results.

Image link: https://www.trinasolar.com/sites/default/files/067_4972_h_1.jpg
Caption: Trina Solar has received a top rating in the latest annual module and inverter bankability report, published by Bloomberg NEF (BNEF).
About Trina Solar

Founded in 1997, Trina Solar is the world leading global PV and smart energy total solution provider. The company engages in PV product research and development, manufacture and sales; PV project development, operation and maintenance; smart micro-grid and multi-energy complementary system development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched its Energy Internet of Things (IoT) brand and initiated the Trina Energy IoT Industrial Development Alliance and New Energy IoT Industrial Innovation Center with worldwide leading enterprises and research institutes. The company is committed to becoming the leader of the global smart energy industry.


Latest Press Release

LONGi Solar achieves top-performing AA-rating status in new PV ModuleTech Bankability rankings

LONGi Solar, a subsidiary of LONGi Green Energy Technology Co., Ltd, has achieved AA-Rating status, in the first quarterly release of PV-Tech's new PV ModuleTech Bankability Ratings. LONGi Solar is one of only four solar photovoltaic (PV) module...

Thailand and Germany kick-start efforts to increase the climate resilience of communities at Sakaekrang river basin

The Office of the National Water Resources (ONWR) with support from the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH organised a launch of their joint project activities under the Thai-German Climate Programme - Water (TGCP –...

Risen Energy#s USD 467 million high-efficiency heterojunction project in Ninghai, China commences construction

On August 19, Risen Energy Co., Ltd. held a groundbreaking ceremony for its 2.5GW high-efficiency heterojunction cell and module project in Ninghai, a county within the city of Ningbo, Zhejiang province. On the same day, several other major projects...

First Training on the Safe Use and Handling of Flammable Natural Refrigerants in Air Conditioners Launched in Thailand

Mongkut's University of Technology North Bangkok (KMUTNB), the Electricity Authority of Thailand (EGAT), and the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH joined up to launch the "Grand Opening of First R Training: Safe Use and...

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG

Venture Global LNG, Inc. is proud to announce the final investment decision (FID) and closing of the project financing for the company's Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. The proceeds of the...

Related Topics