BloombergNEF Ranks Trina Solar as Tier 1 PV Module Maker in its Market Outlook for Q2

Chinese solar module manufacturer Trina Solar has once again made it to the list of Tier 1 PV module makers in the Bloomberg New Energy Finance (BNEF) market outlook for the second quarter, mainly on account of its outstanding reliability, 100 per cent bankability and expanding production capacity.
 
With the AAA rating, the highest category, in the PV ModuleTech Bankability report published recently, the company has become the only module supplier achieving both AAA rating by PV Tech and Tier 1 PV module maker by BNEF.
 
Leading research agency BNEF has developed a tiering system for PV module products based on bankability and a set of criteria, to create a transparent differentiation between the hundreds of manufacturers of solar modules in the market.
 
Trina Solar 210mm Vertex modules have been tested by PVEL, RETC and many other world-renowned third-party reliability-testing agencies.
 
The company said that its entire Vertex series, including 600W+ ultra-high-power modules, have passed PVEL’s Product Qualification Program test sequences, and for the eighth year in a row, it was named top performer.
 
Among the companies on the Tier 1 list, only seven took part including Trina Solar in both tests.
 
Additionally, Trina Solar has scored 100 per cent in the BNEF Bankability Survey for each of the 6 years to 2021 and is a Tier 1 PV module maker, following the AAA rating in the PV ModuleTech Bankability report published recently.
 
As per the company’s 2021 financial report, it is planning to reach 65 GW in module production capacity this year. PV InfoLink projected early this year that 210mm cell capacity will reach 297GW in 2022, and module capacity will rise to 300GW. The new capacity is essentially the result of 210mm downward compatibility, indicating that the use of the 210mm has become an industry trend.
 
As a leading global PV and smart energy total solution provider, the company has long been committed to advancing technology research and development and facilitating the application and popularization of green energy worldwide.