Trina Solar scores 100% in 2021 BloombergNEF Bankability Survey, ranking top bankable module supplier for 6 consecutive years
2021.10.11

Trina Solar Co., Ltd. ("Trina Solar" or the "Company"), a leading global PV and smart energy total solution provider, has been awarded as bankable by all survey respondents in the 2021 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 6 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 advisors 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. Published by 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 cited the annual photovoltaic module reliability scorecard report issued by the internationally authoritative certification body PV Evolution Labs (PVEL). 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, Trina Solar has launched the Vertex 210mm 410W, 510W, 555W, 605W and 670W modules, leading the industry into the new era of 600W+. The Vertex series has been widely recognized by customers globally, opening a new channel to reduce the cost of electricity and guarantee the long-term stable returns of power plants. As the world's leading provider of PV smart energy and energy solutions, Trina Solar is committed to bringing its product advantages into working with global partners to accelerate the global application of smart energy and create a new world of carbon-free energy.

 

About Trina Solar (688599.SH)

Trina Solar was founded in 1997. As a global leading provider for photovoltaic (PV) module and smart energy solutions, Trina Solar delivers PV products, applications and services to promote global sustainable development. Through constant innovation, Trina Solar continues to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. Trina Solar's mission is to boost global renewable energy development around the world for the benefit of all of humanity.

As of December 2020, Trina Solar delivered more than 70 GW of solar modules worldwide. In addition, Trina's downstream business includes solar PV project development, financing, design, construction, operations and management, and one-stop system integration solutions for customers. Trina Solar has connected over 5GW of solar power plants to the grid worldwide. Trina Solar first launched the Energy IoT brand in 2018, and is now aiming to be a global leader in smart energy. In June 2020, Trina Solar listed on the STAR Market of Shanghai Stock Exchange. For more information, please visit www.trinasolar.com.

 

Media enquiries:

Trina Solar Europe
Michael Katz
Tel.: +49 89 122 8492 60
E-Mail: michael.katz@trinasolar.com

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