BloombergNEF Summit: Trina Solar's 100% bankability and Vertex modules fully proved by international authorities

Trina Solar Co., Ltd

PR93556

 

SHANGHAI, Dec. 8, 2021 /PRNewswire=KYODO JBN/ --

 

On November 30, 2021, Bloomberg New Energy Finance (BloombergNEF) held the 2021

BloombergNEF Shanghai Summit. Trina Solar Chairman Gao Jifan discussed

innovations in energy technologies and the development path for the PV industry

with international organizations and PV manufacturers.

 

At the summit, BloombergNEF, world's leading independent PV testing lab PVEL,

assessment organization DNV and Nextracker took a deep dive into examining the

reason for Trina Solar's 100% bankability: the superior performance of the

innovative high-power PV modules has been fully recognized.

 

Gao noted that PV power generation, energy storage, extra-high voltage, and

digitization across the energy industry are the four keys to achieving carbon

neutrality, and that innovation in photovoltaic technologies is an important

pathway. Since 2020, Trina Solar has taken the lead in developing the

innovative 210 series ultra-high power modules, a new generation of PV products

that combine high reliability, high power generation and high value. As of June

30, 2021, Trina Solar's photovoltaic modules shipped worldwide can produce

103.95 billion kilowatt hours of clean energy over their lifetime, reducing

carbon dioxide emissions by a total of 103.64 million tons, equivalent to

planting 5.7 billion trees. With its outstanding brand value and product

reliability, Trina Solar has scored 100% in BloombergNEF bankability survey for

six consecutive years so far.

 

Gao Jifan, Chairman of Trina Solar

https://www.trinasolar.com/sites/default/files/2021120701.png

 

BloombergNEF, one of the most credible third-party research institutions in the

global new energy market, conducts a survey among banks, funds, EPCs and power

plants worldwide every year on the bankability of modules brands, and produced

a report that seen as an invaluable reference for business credit at many

financial institutions. In 2021, Trina Solar, one of the only three module

brands, was once again awarded as 100 bankability by all survey respondents,

indicating that Trina Solar's modules are more likely to help developers obtain

bank financing, and that the global financial market and solar industry are

confident in the reliability and system value of Trina Solar's high-power

modules.

 

PVEL recognizes the superior performance of Trina Solar's high-power modules

 

PV Evolution Labs (PVEL), the world's leading PV module reliability and

performance testing laboratory, has the Product Qualification Program (PQP)

dedicated on PV module extended reliability assessment. At the summit, Tristan

Erion Lorico, head of PVEL's PV module business, said that the 210 ultra-high

power modules demonstrated excellent reliability in PVEL's PQP, resulting in

zero micro-cracks of dual-glass bifacial module after MSS and TC test,

responded to the most concerned question of large format module. PVEL publishes

the score card report on PV module reliability annually, which is also a key

reference adopted by BloombergNEF's annual bankability report.

 

Zhang Yingbin, head of product strategy and marketing at Trina Solar, gave a

detailed presentation on the reliability and power generation performance of

the 210 series modules. Trina Solar has, in association with third-party

organizations, conducted serial rigorous tests, including non-uniform snow-load

test, extreme low-temperature mechanical Load test, hail test, extreme DML test

and extreme wind tunnel test, achieving an across-the-board verification of the

excellent mechanical load reliability of the 600W+ Vertex modules.

 

Zhang Yingbin in Clean Energy Expo China 2021

https://www.trinasolar.com/sites/default/files/2021120703.png

 

Nextracker has finished a series of tests with Trina Solar, which demonstrates

the full compatibility and high reliability. Nextracker has a variety of

tracker products that are fully compatible with Vertex 210 series modules.

Besides, the modules have become an industry pioneer regarding module size

standardization, which can benefit the downstream industry chain.

 

In addition, DNV shared the advantages of Trina Solar's BOS and LCOE high-power

modules. Previous calculations conducted by Fraunhofer ISE, largest solar

research institute in Europe, and Enertis, a global independent solar services

in Latin American and globally, all show that the 600W+ series modules

outperform the new generation of ultra-high power modules in terms of system

value.

 

SOURCE  Trina Solar Co., Ltd

 

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