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March 2016
Industry Buzz
The BNEF survey shows that key
PV stakeholders were asked
about 50different PVbrands. Of
these 100% of respondents said that
Trina Solar was the most bankable,
confirming the company’s position
as the leading manufacturer of solar
PV modules.
BNEF identified which module
manufacturers are most likely to
obtain non-recourse debt financing
by commercial banks. Survey par-
ticipants included banks, technical
consultants, engineering contractors,
asset managers and independent
power producers (IPPs) from all
around the world.
The report details how Trina Solar
modules were used in more debt
financed projects than any other
manufacturer’s modules since the
start of 2014, having secured funding
for more than 1.2 GW for 15 different
projects tracked by the BNEF. The da-
tabase contains almost 14 000 solar
finance companies worldwide.
Commenting on the report, Teresa
Tan, Chief Financial Officer of Trina
Solar, said: “Trina Solar prides itself
on the sustainability and strength of
its way of doing business and this lat-
est acknowledgement of our leading
bankability comes as a logical result.
We always strive to deliver bankable
PV solutions that are innovative and
will provide the best returns for our
customers. We have invested heav-
ily and will continue to invest, in
the quality and performance of our
PV modules to ensure that they can
deliver the highest yields in the short
and long term.”
She added, “As a company we are
fully committed to furthering the
advancement of affordable, cleanand
sustainable renewable energy across
the globe, which has contributed to
our success to-date. Trina Solar now
stands as the largest manufacturer of
PVmodules in the world, andwe fully
intend on maintaining our market-
leading position as we pursue further
growth both in established markets
and emerging ones.” ■
Most bankable PV manufacturer
Trina Solar has been named as
World’sMostBankablePVModule
Manufacturer, byBloombergNew
Energy Finance (BNEF).
A urecon has announced the ap-
pointment of a new Country
Manager in Angola, Carlos
Seara will be responsible for over-
seeing all of the company’s business
operations in Angola from 1st March
2016.
Seara has 20 years of experience
in the engineering industry and will
be taking over fromTony Barreto dos
Santos, who is retiring. He specialises
in working with open-graded asphalt
and porous asphalt wearing courses
using SBS and SBRmodifiedbitumen,
and was involved in the Strategic
Highway Research Program (SHRP)
in Portugal. He has also worked in
different countries across Africa.
“We believe that Seara’s energetic,
highly capable approach to handling
complex challenges as well as his
financial acumen. Seara will ensure
that the services we offer are highly
competitive and produce the results
we all aspire to,” says José Miranda,
Regional Manager Africa West Coast.
Country manager in Angola
Carlos
Seara