PR92489

BEIJING, Oct. 21, 2021 /PRNewswire=KYODO JBN/ --

The results of the BloombergNEF(BNEF) 2021 PV module bankability survey were

recently released showing once again that JA Solar is in the top tier of PV

module manufacturers in terms of financial stability and reputation, with its

bankability recognized by BNEF's 100% recommendation index.

BNEF's evaluation of the bankability of module manufacturers is based on an

analysis of track records, financial stability, and module technologies after

its survey of banks, funds, solar engineering contractors, independent power

producers and technical advisers, with global coverage.

According to BNEF's data on global term-loan financed projects, since August

2019, JA Solar's module supply has accounted for the highest proportion, which

shows that JA Solar's immense bankability has been recognized by the whole PV

market.

The survey results also integrate module test data sourced from PV Evolution

Labs (PVEL), an independent third-party test lab and Renewable Energy Test

Center (RETC), an authoritative testing agency from the United States.

According to PVEL's 2021 PV Module Reliability Scorecard, JA Solar has been

recognized for the sixth time as a "Top Performer." The 2021 Scorecard is a

detailed summary of test results lasting over an 18-month period. The PV module

Product Qualification Program (PQP) includes tests and analyses on thermal

cycling (TC600), damp heat (DH2000), potential-induced degradation (PID192),

light-induced degradation (LID), light and elevated temperature-induced

degradation (LeTID), and more. In comparison with most standardized tests, PQP

is more rigorous in terms of both conditions and sequences, and consequently

the results obtained are more detailed and significant for practical module

application scenarios. Being named as "Top Performer" by PVEL is precious

recognition of the quality and excellent performance of JA Solar's PV products.

In RETC's 2021 PV Module Index Report (PVMI), JA Solar is recognized as

"Overall High Achiever" with its modules' excellent performance in quality,

reliability, and performance. The 2021 PVMI Report summarizes the results of

more than 12 months of testing on damp heat (DH2000), dynamic mechanical load

(DML), solar module efficiency, PTC-to-STC ratio, PAN file test, light-induced

degradation (LID), light and elevated temperature-induced degradation (LeTID),

thresher test, among others. Each test holds strong reference significance for

the reliability of modules in practical application scenarios. Consecutively

winning the "Overall High Achiever" honor further confirms the performance

advantages of JA Solar modules in efficiency, reliability and power generation

capacity, and perfectly reflects the "customer-oriented, to achieve optimal

LCOE" module design mindset.

JA Solar has always been committed to promoting the development and application

of high-efficiency PV technology and providing high-quality products and

services to customers worldwide, and has gained high recognition in the global

market. With its global shipment volume ranked among the top three for several

consecutive years, JA Solar has been awarded with the Top Brand PV seal in

European, Middle East & North Africa, Australian and Vietnamese markets.

Source: JA Solar Technology Co., Ltd.