BNEF names Trina Solar the world’s most bankable PV maker


Bloomberg New Energy Finance (BNEF) has named Trina Solar’s modules as the most bankable in the solar industry, in a report available through subscription. In a global survey of PV stakeholders conducted to identify which module makers are most likely to obtain non-recourse debt financing by commercial banks, Trina was the only one among 50 module makers that all respondents said was bankable.

BNEF has declined to share further details from the report, which was based upon the survey of banks, technical consultants, engineering contractors, asset managers and independent power producers (IPPs).

Trina says that the report also showed how its modules were used in more debt financed projects than any other manufacturer’s modules since the beginning of 2014, having secured funding for more than 1.2 GW at 15 different projects tracked by BNEF.

Trina was the largest PV module maker in the world in 2015. While the company has not released fourth quarter results, in its third quarter results management forecast full year 2015 shipments of over 5.5 GW of PV modules, a 50% growth over the previous year.

However, Trina also reported a slight loss during the quarter.