LONGi achieves AAA ranking status in latest PV ModuleTech Bankability Ratings
LONGi achieves AAA ranking status in latest PV ModuleTech Bankability Ratings
PR83064
LONDON, Feb. 27, 2020 /PRNewswire=KYODO JBN/ --
LONGi, China's top solar manufacturer, has been assigned AAA-Rated status (the
highest grade awarded) by the market research division of leading London-based
PV-Tech, in the latest Q1 2020 release of the PV ModuleTech Bankability Ratings.
LONGi is the first module supplier to achieve AAA rating.
The PV ModuleTech Bankability Ratings system uses a proprietary analytical
model to establish bankability scores and ratings, for all solar photovoltaic
(PV) module suppliers, by combining both the manufacturing and financial health
of the companies.
Creator of the PV ModuleTech Bankability Ratings system, and highly-respected
PV industry analyst, Dr. Finlay Colville, noted in the release of the Q1 '20 rankings
that "LONGi is operating a differentiated business model to other A and B rated
module suppliers," and that "LONGi invested wisely, in a timely manner, and with
total conviction that PV technology would change from multi-wafer dominant to
mono-wafer dominant".
Reacting to the new AAA-Rated status, Dennis She, Senior Vice President of
LONGi added: "LONGi always attaches key importance to the company's sustainable
development, and having reliable and stable operations coupled with strong
financial health. In recent years, LONGi has continuously demonstrated its
reliable contractual capabilities, and ability to respond to market changes."
You can find the original PV Tech article here
LONGi graded as only AAA-Rated module supplier in Q1 2020 PV ModuleTech
Bankability release
Logo - https://photos.prnasia.com/prnh/20181108/2292512-1-LOGO
SOURCE: LONGi Solar
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