Trina Solar Rated as Bankable in BNEF’s 2021 Bankability Survey for 6th Yr in a Row
China-based solar photovoltaic (PV) module manufacturer Trina Solar has been rated as bankable for six consecutive years by all industry respondents who participated in the annual surveys of Bloomberg New Energy Finance (BNEF’s).
October 12, 2021. By Manu Tayal
The company said that it scored 100 per cent in BloombergNEF 2021 Bankability Survey as all respondents have voted it as bankable.
The BloombergNEF report said that a company’s financial health, record of its modules in the field and manufacturer warranties are important indicators for financial institutions in their evaluation of PV manufacturers’ bankability.
Bloomberg NEF contacts banks, EPCs, independent power providers and technical advisers worldwide and conducts in-depth interviews with quality inspectors and technology experts.
The survey coverage is wide and the evaluation is open and transparent. As one of the most credible third-party research institutions in the global new energy market, the report is seen as an invaluable reference for business credit at many financial institutions.
The BloombergNEF 2021 Module and Inverter Bankability Report also cites the annual PV module reliability scorecard report issued by the internationally authoritative certification body PV Evolution Labs.
The PVEL report affirmed the outstanding performance of Trina Solar’s modules in terms of reliability and power generation capacity. The company was once again named the world’s Top Performer module manufacturer.
From 2020 to 2021, the company has launched the Vertex 210mm 410W, 510W, 555W, 605W and 670W modules, leading the industry into the new era of 600W+.
Meanwhile, the Vertex series opened a new channel to reduce the cost of electricity and guarantee long-term stable returns for power plants.
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