Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Trina Solar Scores 100% in 2021 BNEF Bankability Survey
 
Trina Solar Scores 100% in 2021 BNEF Bankability Survey

Ranking Top Bankable Module Supplier For 6 Consecutive Years


Dubai, United Arab Emirates, October 28, 2021:   Trina Solar Co., Ltd. (“Trina Solar” or the “Company”) 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 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 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. 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.
Antonio Jimenez, Managing Director and Vice President, Trina Solar Middle East & Africa Region, commented: “The MEA region is experiencing strong growth in solar projects, thanks to the increasing adoption of renewable energy. Solar energy is now perceived as the most competitive form of power generation, helping countries move towards achieving their respective renewable energy targets.” 


“Big projects require a reliable partner; Solar bankability represents how the PV system performs over time in association with financial risks. Their choice of a high-bankability manufacturer improves reliability of the PV systems, hence reducing the risks of solar system investment in the long run. As a Tier 1 manufacturer, Trina Solar is the provider of choice for PV and smart energy solutions.” added Antonio


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.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 7979 times
PR Category : Energy and Industry
Posted on : Thursday, October 28, 2021  12:58:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : SFD Highlights its Leading Role in Global Renewable Energy I...
Next Story : Hitachi Energy goes Live
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Danube Home Signs Franchise Partnership with Hyvec Group to Enter Mauritius Market [5137-Views]
Malabar Gold & Diamonds Associates with Nitol Niloy Group to Expand Operations into Bangla... [4674-Views]
Experience a New Full-Board Summer Staycation at Lapita, Dubai Parks and Resorts [4625-Views]
Rock & Fly Jewelleries from Akillis [4215-Views]
Dubai Customs Holds Awareness & Entertainment Activities during DSS 2022 [3797-Views]
Samsung Launches the Neo QLED 8K TV across Qatar, Kuwait, Oman and Bahrain [3772-Views]
Look Your Sustainable Best This Summer with Springfield's Spring/Summer Collection [3411-Views]
Arab Bank Group Profits Grow by 38% to $252 Million for the First Half of 2022 [3141-Views]
Learn, Laugh and Play at Modesh World This Summer [2993-Views]
Chalo BurJuman Mall, Chalo Maldives [2595-Views]
Fromage Friday at Le Gourmet in Galeries Lafayette [2308-Views]
Al-Futtaim Automotive Reveals Strong H1 Results, Reflecting Continuing Rebound for Automot... [2304-Views]
Jaguar Land Rover Prepares for Advanced Electrified and Connected Future with New Testing ... [2292-Views]
Nucleus Research Positions Infor as a Leader in its 2022 Enterprise ERP and SMB ERP Techno... [2280-Views]
GCC Hospitality Industry to Witness Steady Growth after Sharp Post Pandemic Recovery, says... [2234-Views]
Dubai Customs Discusses Furthering Trade Cooperation with South Korea [2210-Views]
Introducing fisio: Your Partnerin Recovery [2165-Views]
How Sony is Transforming the Art and Technology of Listening [2136-Views]
June Air Cargo: Stable and Resilient [2136-Views]
LG Announces Second-Quarter 2022 Financial Results' [2132-Views]
Amlak Finance Announces H1 2022 Financial Results [2103-Views]
Emirates Steel Arkan Announces Q2 2022 Results [2042-Views]
Etihad Airways Scales Up its Cargo Operations with Airbus New Generation A350F Freighter [2042-Views]
The Journey to the Next Generation of Foldable Innovation Starts Today [2017-Views]
Abu Dhabi University Receives the Highest Accolade Accreditation from WASC [2005-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories