JinkoSolar Named as Most Bankable PV Manufacturer in BNEF Survey

JinkoSolar Holding Co Ltd, a leading global solar module manufacturer, said that it has been named as a most bankable photovoltaic (PV) manufacturer and also ranked as a top solar brand in debt financed projects in a global survey conducted by Bloomberg New Energy Finance (BNEF).

August 24, 2020. By Manu Tayal

JinkoSolar Holding Co Ltd, a leading global solar module manufacturer, said that it has been named as a most bankable photovoltaic (PV) manufacturer and also ranked as a top solar brand in debt financed projects in a global survey conducted by Bloomberg New Energy Finance (BNEF).

BNEF is a leading provider of primary research on clean energy, advanced transport, digital industry, innovative materials, and commodities.

BNEF in its global survey ranked 49 global solar module manufacturers on the basis of assessing which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks.

Commenting on the achievement, Kangping Chen, CEO of JinkoSolar, said that “as one of the leading solar module manufacturers, we are proud to be recognized once again by BNEF as a most trusted solar brand by customers, investors, and banks all over the world. This is a testament to the outstanding research, stringent quality checks and world records we have set to revolutionize the solar industry with our advanced technology, reliability, and high-quality products.”

In BNEF’s survey, the respondents included were banks, funds, engineering, procurement, and construction (EPCs) firms, independent power producers (IPPs) and technical advisers involved in solar projects worldwide.

Moreover, the survey addressed product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength.

During a survey, the company was considered highly bankable by 100 per cent of the survey respondents. Further confirming it’s high bankability score, BNEF's data also shows that projects using the company’s modules have secured more term-loan financing than any other Chinese PV brand ever.

“We have invested heavily in R&D over the years and will continue to invest in the quality, proven reliability and long-term performance of our PV modules because we believe this will generate value and better returns for investors,” Chen added.

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