Bankability Solar Panels

For a more complex exploration of bankability you could include other parameters including project completion time how diversified the business is beyond solar installations the warranties offered such as for panels inverters and monitoring systems and an overall installation warranty or the frequency of roof leakage after installation.

Bankability solar panels.

It will run from march 2015 until february 2017 and its aim is to contribute to the reduction of the risks associated with investments in sustainable energy projects. One key metric to consider is the bankability of your solar panel manufacturer. Has been ranked one of the world s most bankable pv module brands according to the bloomberg new energy finance bnef 2019 pv module bankability report. For example say you purchase a solar pv system from a top solar installer but they are providing you with panels from a tier 3 manufacturer.

Bankability is a fuzzy term but it roughly equates to the ten or twelve top solar panel manufacturers that developers and financiers are comfortable with. Longi solar reinforces bankability with bloomberg tier 1 ranking in their latest q2 2018 report bloomberg new energy finance bnef once again named longi solar in the tier 1 ranking of photovoltaic pv modules manufacturers. The listing reveals that longi solar now commands aaa rated status the highest grade achievable. The group first developed the tiered system for pv modules to create a transparent differentiation among the many solar manufacturers so financial institutions could easily determine which brands were bankable.

Bnef tracks past solar projects sized over 1 5 mw approved by banks and the products used in those projects lend to what tier they fall into. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance. Wuxi suntech power co ltd. The new q1 2020 bankability analysis has now been completed by the pv tech market research team ranking pv module suppliers within the pv moduletech bankability ratings.

Bankability of a solar module means that your bank is willing to finance a project with the solar modules that you selected as they re confident about the quality and durability of the solar module and the sound state of the manufacturer.