Trina Solar, a global leader in smart PV and energy storage solutions, has again secured a place on the BNEF Tier 1 list thanks to its strong bankability, excellent reliability of its PV modules, and highly efficient 210mm n-type TOPCon products. The Tier 1 rating consolidates Trina’s PV and energy storage industry leadership. According to the report for the first quarter of 2024, Trina Solar fully meets BNEF’s Tier 1 criteria, whose threshold is now much higher than was previously the case.
Source: BNEF
BNEF, a research organization in the field of new energy, is recognized globally for its credibility and expertise. Its more stringent criteria in the latest quarter for PV module Tier 1 recognition require a brand to have provided own-brand, own-manufacture products to six different projects, which have been financed non-recourse by six different (non-development) banks over the previous two years, and these deals must exceed 5MW (compared with 1.5M'W in previous quarters). “Trina Solar’s continuous presence on the Tier 1 list demonstrates enduring trust by global investors, developers, and customers in its bankability,” said Cao Yunduan, head of branding and marketing at Trina Solar.
Trina Solar is a pioneer in n-type technology and products. Its Vertex N products, including the newly upgraded large-format Vertex N 720W, a star in ground-mounted power stations, the newly upgraded medium-format Vertex N 625W, which offers more feasibility to utility-scale projects in the most complex of terrain, and the small-format 450W modules, fully cater to customers’ needs in various settings.
Trina Solar’s long history of excellent product reliability has been recognized with RETC naming Trina an “Overall Highest Achiever” for the fourth time in May 2023 for the outstanding performance of its Vertex N 700W series modules and by PVEL, which last year named it a Top Performer for the ninth year in a row.
Trina Solar has also won recognition in the financial markets and from renowned institutes with excellent product performance and reliability. Trina Solar’s energy storage arm, Trina Storage, continues to be ranked in the top tier, appearing on the Global Energy Storage Tier 1 List for the first quarter of 2024 and ranking among the global top five storage providers and integrators by BNEF.