RELEASE: Trina Solar Scores 100% in BNEF's 2022 BNEF Bankability Survey

(Information sent by the signatory company).

RELEASE: Trina Solar Scores 100% in BNEF's 2022 BNEF Bankability Survey

(Information sent by the signatory company)

- Trina Solar Scores 100% in BNEF's 2022 BNEF Bankability Survey, 210mm Modules Lead the Banking

CHANGZHOU, China, Nov. 24, 2022 /PRNewswire/ -- Trina Solar has been rated bankable by all respondents in the PV Module and Inverter Bankability 2022 report published by BloombergNEF. With this report, Trina Solar is now the only module manufacturer to have been rated bankable for 7 consecutive years by 100% of industry respondents participating in BloombergNEF's annual survey.

BloombergNEF PV Module and Inverter Bankability 2022 also cited the annual PV module reliability report issued by international certification body PV Evolution Labs. The PVEL report affirmed the excellent performance of Trina Solar's modules in terms of reliability and generating capacity. of energy. The company was once again named the world's top performing module manufacturer.

In addition, the increasing acceptance of modules made with 210 mm cells is evident. The report shows that the industry has been quick to accept 210mm dimensions, with 96% of respondents this year finding 210mm modules bankable. Built on the 210mm product technology platform, Trina Solar's 600W ultra-high power modules follow the LCOE-oriented principle and offer lower LCOE and higher value to customers.

Trina Solar recently launched the Vertex N 595W, with 30W increased power and up to 22% increased efficiency, and the Vertex N 690W, with 70W increased power over the benchmark n-type modules on the market. and an increased efficiency of up to 22.2%. Trina Solar is committed to meeting customer needs by offering configuration-based solutions. Thanks to its low voltage design, the Vertex N 595W module is highly compatible with trackers, taking full advantage of the tracker length. The Vertex N 690W module is the best choice for utility scale power plants because it offers a lower LCOE.

The BloombergNEF report says that a company's financial health, the track record of its modules in the field, and manufacturer warranties are important indicators for financial institutions in their assessment of the bankability of PV manufacturers. To do this, it contacts banks, EPCs, independent energy providers and technical advisors around the world and conducts in-depth interviews with quality inspectors and technology experts. Thus, the coverage of the survey is broad 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 considered an invaluable reference for business credit at many financial institutions.

As the world's leading provider of photovoltaic and smart energy solutions, Trina Solar is committed to leveraging the benefits of its products and working with partners around the world to lead smart solar solutions for a zero emission future.

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