CHANGZHOU, China -- Trina Solar Limited has been named as the most 'bankable' PV module manufacturer globally by Bloomberg New Energy Finance (BNEF). In its survey of key PV stakeholders asked about 50 different module brands, 100% of respondents said that Trina Solar was bankable, confirming the Company's leading position in the solar PV market.
The report (available through BNEF subscription) details the findings of a survey conducted by BNEF to identify which module manufacturers are most likely to obtain non-recourse debt financing by commercial banks. Survey participants, which were banks, technical consultants, engineering contractors, asset managers and independent power producers (IPPs) from all around the world, were asked which PV module brands they considered bankable by their own internal criteria, which is usually based on product quality and the manufacturer's financial strength.
Trina Solar topped the list of 50 module manufacturers, being the only company that all survey respondents believed was bankable. The report also details how Trina Solar modules were used in more debt financed projects than any other manufacturer's modules since the start of 2014, having secured funding for more than 1.2GW for 15 different projects tracked by the BNEF database. The BNEF database is not fully comprehensive, but contains almost 14,000 solar financings worldwide.
For more information, visit http://www.trinasolar.com