Trina Solar Co., Ltd. (“Trina Solar” or the “Company”) has been regarded as bankable by all survey respondents in the 2020 PV Module and Inverter Bankability report issued by BloombergNEF. With this report, Trina Solar is now the only module manufacturer to be rated as bankable for five consecutive years by 100% of the industry respondents participating in the annual BloombergNEF survey.
The BloombergNEF report says 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. 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 BloombergNEF 2020 Module and Inverter Bankability 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 manufacturer.