Reading Time: 1 minutes
LONGi, the world leading solar technology company, has been rated ‘100% bankable’ in BloombergNEF’s latest survey of PV Module & Inverter Bankability, underlining the company’s capability to assist project developers in securing more access to financing from banks in order to bring consistent, steady return on investment to its clients globally.
The BloombergNEF bankability survey asked banks, developers and technical due diligence firms which brands out of 49 module and 21 inverter manufacturers they considered bankable. Recognized by numerous international financial institutions as among the most credible third-party renewable energy research hubs, BloombergNEF leverages sophisticated data from banks, technical consultants, general contractors and independent power producers (IPP) to create clear perspectives and in-depth forecasts on the type of loans project developers can obtain from commercial banks when deploying different brands of PV modules. LONGi is one of the top five module producers to be ranked as 100% bankable thanks to its good financial health and strong track record.
LONGi’s bankability has gone up from a rating of 67% in 2018 to 100% in 2020, which is not only a result of the company’s improved comprehensive strength, but also reflects the recognition of the LONGi brand by clients all over the world.