PVTIME - Trina Solar Co., Ltd. ("Trina Solar" or the "Company"), a leading global PV and smart energy total solution provider, announced that in the 2020 PV Module and Inverter Bankability report, published by Bloomberg New Energy Finance, Trina Solar, with its stable financial status and reliability, was once again named the 100% Bankable Module Supplier Brand. The judges unanimously recognized the company's product quality and excellent brand influence.
In Bloomberg bankability reports issued since 2012, Trina Solar has achieved 100% bankability six times, and Trina Solar has topped the list for the past five years, again a performance unmatched in the industry. What this means is that Trina Solar's
modules can help project developers obtain banking financing more
easily. It also strongly asserts the confidence that the global
financial market and the solar energy industry have in the innovation,
reliability and stability of Trina Solar's module products, and that they are willing to establish stable and long-term collaborative relationships with the company.
The Bloomberg New Energy Finance report takes the company's financial
health, record of its modules in the field and manufacturer warranties
as important indicators for financial institutions in their evaluation
of PV manufacturers' bankability. It 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 thus 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 BNEF 2020 Module and Inverter Financing Value Report also
cited the annual photovoltaic 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