STATEMENT: JA Solar recognized as 100% bankable in a BNEF survey

(Information sent by the signatory company).

STATEMENT: JA Solar recognized as 100% bankable in a BNEF survey

(Information sent by the signatory company)

- JA Solar recognized as 100% bankable in BNEF's 2023 photovoltaic module brand financing capacity survey

BEIJING, Dec. 19, 2023 /PRNewswire/ -- In its study of the 2023 financing capacity of photovoltaic (PV) module manufacturers and inverters, Bloomberg New Energy Finance (BNEF) evaluated industry leaders based on metrics key performance, finances, products and reputation. JA Solar has demonstrated strong operational and financial strength, along with a track record of outstanding performance, and has been recognized as 100% bankable in the survey.

BNEF is one of the most credible third-party research institutions in the renewable energy market, and its reports have long been a crucial reference for many financial institutions when it comes to commercial credit. The survey collected responses from global banks, funds, solar engineering contractors, independent power producers and technical advisors. After analyzing the financial health and performance records of module manufacturers, the report ultimately offers a comprehensive assessment of the financing capacity of module manufacturers.

The report referred to the 2023 PV Module Reliability Scorecard published by the renowned testing institution PVEL (PV Evolution Labs) and the 2023 PV Module Index Report published by the Renewable Energy Test Center (RETC), a leading testing institution in the United States. JA Solar products were highlighted in both reports, providing mutual confirmation of the advanced capabilities of the company's products.

Over the years, JA Solar has continuously strengthened its technological research and development, injecting new impetus into the continuous reduction of LCOE. In May 2023, JA Solar launched the new DeepBlue 4.0 Pro n-type module. This product incorporates core Bycium cell technologies, high-reliability encapsulation materials, and high-density packaging technologies, resulting in higher module efficiency. higher than 22.8%.

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