Xian, CHINA, 27 August 2019 – LONGi Solar, a subsidiary of LONGi Green Energy Technology Co., Ltd, has achieved AA-Rating status, in the first quarterly release of PV-Tech’s new PV ModuleTech Bankability Ratings.
LONGi Solar is one of only four solar photovoltaic (PV) module suppliers that qualifies within the top-performing rating category of AA across the sector.
The PV ModuleTech Bankability Ratings system is the solar industry’s first qualified tool that allows investors to understand and benchmark solar module suppliers; the analysis tracks a wide range of manufacturing and financial performance metrics, combining these to generate an overall bankability score between 0 and 10. Companies are then graded across nine risk categories from AAA-Rated (most bankable) to C-Rated (high risk).
The ratings system is considered as the PV Tech analysis team’s research achievement over the past five years. It evaluates the investment risk (or financiability) rating for all PV module manufacturers, which combined with manufacturing capacity and financial health scores. At present, no company has been rated AAA and the Top 4 companies are all rated AA.PV-Tech and the PV ModuleTech event brand are recognized as the most credible, independent third-party research bodies covering the solar photovoltaic (PV) segment; specifically related to solar PV module suppliers.
