JinkoSolar has announced that it was ranked as a top solar brand in debt financed projects and named the most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF) for the second consecutive year. 57 solar manufacturers were ranked based on BNEF’s global survey of key PV stakeholders assessing which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks.
Survey respondents included banks, technical consultants, EPCs, and independent power producers (IPPs) from all around the world. Considering product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength, 100% of survey respondents considered JinkoSolar as bankable. Aligning with JinkoSolar’s high bankability score, BNEF’s database also shows that projects using JinkoSolar modules have secured more debt financing than any other brand since July 2016.
“To be nominated again by BNEF confirms that JinkoSolar is the preferred brand by customers, investors, and banks due to their high quality,” said Kangping Chen, CEO of JinkoSolar. “The brand that industry players and banks are more willing to use in their projects and finance is JinkoSolar which I am extremely proud of. Our R&D team is committed to nurturing technological innovation and quality improvements. We believe that high-quality products will bring better returns to investors.”