Published on February 25th, 2016 | by James Ayre3
BNEF: Trina Solar Is The Most Bankable PV Company In The Whole Industry
February 25th, 2016 by James Ayre
Every single respondent of a recent global survey of solar photovoltaic stakeholders performed by Bloomberg New Energy Finance described Trina Solar as being “bankable” — the only company out of 50 to receive that distinction, thereby making the solar photovoltaic module manufacturer the most bankable in the whole of the industry.
The recent survey from Bloomberg New Energy Finance (BNEF) was put out in order to determine which solar photovoltaic (PV) module manufacturers are most likely to receive non-recourse debt financing through commercial banks.
There was apparently not any doubt amongst those surveyed — bank reps, engineering contractors, asset managers, technical consultants, independent power producers, etc — that Trina Solar is a good bet.
Trina Solar responded to news of the survey by noting that the company’s solar PV modules have been used in more debt-financed projects than any other manufacturer’s since 2014 began — notably more, 1.2 gigawatts (GW) of capacity spread across 15 different projects.
As of 2015, Trina Solar was the biggest solar PV manufacturer in the world. While Q4 2015 results have yet to be revealed, forecasts from management place full-year 2015 shipments at +5.5 GW. That, if accurate, makes for year-on-year growth of around 50% as compared to 2014.
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