Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Trina Solar Has Been Recognized as a Top Bankable Module Supplier for 5 Consecutive Years
 
Trina Solar Has Been Recognized as a Top Bankable Module Supplier for 5 Consecutive Years

Dubai, United Arab Emirates,  September 01, 2020: Trina Solar Co., Ltd. (“Trina Solar” or the “Company”), a leading global PV and smart energy total solution provider, was once again named the 100% Bankable Module Supplier Brand as announced in the 2020 PV Module and Inverter Bankability report, published by Bloomberg New Energy Finance. The judges unanimously recognized the company’s stable financial status, reliability, product quality and excellent brand influence. 

 

According to Bloomberg Bankability reports issued since 2012, Trina Solar has achieved 100% bankability six times, and has topped the list for the past five years. Again, a performance unmatched in the industry. The indicates that Trina Solar's modules can help project developers obtain bank financing more easily. It also strongly asserts the confidence that the global financial market and solar energy industry have in the innovation, reliability and stability of Trina Solar's module products, and their willingness to establish stable and long-term collaborative relationships with the company.

 

Antonio Jimenez, Managing Director and Vice President, Trina Solar Middle East & Africa Region, commented: “The MEA region is witnessing a great leap in solar projects. 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 a trusted partner to improve your solar investment ROI.” added Antonio

 
 

The Bloomberg New Energy Finance report considers 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. They contact 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 manufacturer. 


Posted by : Dubai PR Network Editorial Team
Viewed 9467 times
PR Category : Energy and Industry
Posted on : Tuesday, September 1, 2020  2:56:00 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 : ADNOC Distribution Joins Key UAE Suppliers Qualified to Prov...
Next Story : Barakah Nuclear Energy Plant Unit 1 Successfully Connects to...
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
Parmigiani Fleurier Launches New Tonda Reine De Mai [5929-Views]
Pasha de Cartier - ITW w/Ambassadors [3522-Views]
World Gold Council and its Members Highlight Commitment to Sustainable Development Goals ... [3374-Views]
Kantar to Launch the First BrandZ Top 30 Most Valuable Emirati and Saudi Brands [3276-Views]
Iba Cosmetics Launches in the Middle East [3231-Views]
WTTC Launches New Report on the Future of Travel & Tourism in a Post-COVID World [3198-Views]
Danube Home Launches Its All New “My Garden 2021” E-Catalogue! [3104-Views]
WCU: Saudis Talk Up Oil; Strong Grain Momentum Continues [3075-Views]
Be Flawless Trend Edition by essence #MinaXessence [2653-Views]
Dubai Health Authority and Dubai Healthcare City Authority Sign MoU to Strengthen Partners... [2616-Views]
Parmigiani Fleurier's New Tonda GT Line' [2440-Views]
Back With a Bang: IMAGINE Returns to Dubai Festival City Mall's Festival Bay [2300-Views]
Dubai Festival City Mall Launches 2nd Edition of Dubai Home Festival [2271-Views]
Emirates SkyCargo Signs Humanitarian Logistics MoU with International Humanitarian City [2218-Views]
Aspiring Novelists Take Note: The Emirates Litfest Writing Prize is Now Open for 2021 [2214-Views]
5 Simple Ways to Amp Up Your Denim Game for Under AED 100 [2206-Views]
Etihad Airways Celebrates Its Pledge To the Kingdom of Saudi Arabia on Their 90th National... [2144-Views]
Ras Al Khaimah International Airport Has Secured the Repatriation of 53,000 Indian Citizen... [2136-Views]
Homegrown Concept NÜWATER – The UAE's First Alternative to Plastic Bottled Water [2087-Views]
New-in Comfy and Trendy Maternity Pieces from Mummyista [2029-Views]
Dubai Culture Reveals Children's Wishes in ‘My Library & Expo' Time Capsule [1931-Views]
Range Rover Velar Electrifies With Plug-in Hybrid and State-of-the-Art Infotainment [1923-Views]
Sony World Photography Awards 2021 Judges and New Competition Categories Announced [1915-Views]
IBM Research to Radically Accelerate Materials Discovery in 5 Key Areas [1804-Views]
Lipton and Peace One Day Join Forces in Global Partnership for International Day of Peace ... [1800-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories