Bankability is one of the most critical requirements for PV module suppliers during selection for commercial, industrial and utility (CIU) projects. The priority of module buyers is that the module be manufactured well and retain at least 80% of their initial capacity at the end of 25 years, as their warranty states. Technical due diligence providers investigate this by factory visits, inspections, and sometimes accelerated degradation testing on sample products.
Long History of Bankability
JinkoSolar has been named a Bloomberg NEF Tier 1 module manufacturer for eight consecutive years, which is one of the longest runs of any manufacturer.
In 2019 JinkoSolar has received a top rating in the PV Module-Tech Bankability Ratings list published by PV TECH. Only four companies were rated as AA (no one has scored an AAA rating), and JinkoSolar is the only PV module supplier to have maintained a AA rating for the past 12 consecutive quarters.
The DNV GL Scorecard: What does it measure and test for?
PV TECH’s new PV ModuleTech Bankability Rating is an industry analysis that combines each company’s track-record in large-scale global shipments, with its financial health, on a rolling quarterly basis. The analysis uses data collected over 10 years at PV-Tech, across a wealth of manufacturing and financial inputs.
Both the BNEF and PV Tech reports confirm why JinkoSolar has been so effective in gaining market-share globally, especially in utility-scale solar markets with rigorous standards.
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