Trina Solar rated top bankable module supplier by Bloomberg

photonSeptember 19, 2017132

Chinese Trina Solar Limited has received a top rating in the latest module bankability report, published by Bloomberg New Energy Finance (BNEF). According to the company, for its global module bankability report, Bloomberg New Energy Finance asked banks, EPCs, independent power producers and independent technical due diligence firms which PV module brands they considered bankable. Quoting from BNEF’s definition, »bankable« means »the willingness of a bank to provide a non-recourse loan for a project that uses a specific PV module brand. Banks typically decide whether to make a loan to a PV project if they feel comfortable with the product quality of modules and if the manufacturer is financially healthy, so that it can honor the product warranty.« Respondents to this latest survey hold approximately 15 GW of financed or owned capacity in PV projects, and more than 100 GW under inspection by technical consulting companies.

Trina Solar holds the largest volume in debt-financed projects among all c-Si module manufacturers, as tracked by the BNEF desktop, with approximately 3 GW of its modules installed in such PV power plants around the globe.

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