BloombergNEF Gives LONGi 100% Bankability Rating

BloombergNEF (BNEF) has published the results of its 2021 PV Module and Inverter Bankability Survey, focusing on the financing capability of global manufacturers.

Based on its excellent performance, stable financial operations and positive reputation in the industry, LONGi ranked top out of 52 companies in the survey for the second consecutive year. Among groups surveyed were banks, fund managers, EPCs (engineering, procurement and construction companies), IPPs (independent power producers) and technical advisers.

The financial health of a manufacturer is an important consideration for banks. For pure-play, publicly quoted module manufacturers, the Altman-Z score is one way to assess financial health.

LONGi is one of only two companies with a score above 1.8, improving its balance sheet significantly in 2020 and 2021.

The BloombergNEF report also refers to module test data from PVEL (PV Evolution Labs) and RETC, independent third-party testing agencies, both of which gave LONGi awards this year for outstanding PV module performance, demonstrating the consistent quality of the company's cutting-edge technology and products.
 

Under its brand concept of "Steadfast and Reliable Technology Leadership", LONGi is  committed to helping its customers maximise the value of a power plant throughout its lifecycle through technology and product quality.

From module design and material selection through to mass production, field performance validation and post-sales support, the company adheres to its core mantra of 'Customer Value First', ensuring that quality practices are incorporated at every stage of its product development, manufacturing and deployment processes.