LONGi scores 100% in BNEF PV Module Inverter Bankability 2020 Survey
LONGi scores 100% in BNEF PV Module Inverter Bankability 2020 Survey, continues its Tier-1 rating and achieves highest Altman-Z score amongst pure-play PV manufacturers in 3Q-2020 “100% Bankable” in survey of banks, funds, solar EPCs, IPP and technical advisors In their PV Module & Inverter Bankability 2020 report published on 13th August 2020, BloombergNEF investigated module bankability of products and technologies offered by 49 global solar module manufacturers with a survey among key PV stakeholders. The objective was to assess which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks. Survey respondents included banks, funds, solar engineering contractors, independent power producers and technical advisors from all around the world. Basis parameters such as product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength were surveyed. 100% of survey respondents have rated LONGi (and its products and services) as fully bankable. LONGi emerged as a top solar brand in term-loan financed projects. Survey results reflect that projects using LONGi modules have been able to secure long-term debt financing with a greater ease. A key highlight of the report is that bifacial modules (which are the lead products offered by LONGi) has been ranked as highly bankable by