New solar-powered generating capacity is growing at a crackling pace in emerging markets. The growth is fuelled by low-priced equipment and innovative new applications that are expanding energy access for millions, Bloomberg New Energy Finance (BNEF) finds in a comprehensive new study of clean energy activity in key developing nations.
China’s photovoltaic modules manufacturer Trina Solar, has received a top rating in the latest module bankability report, published by Bloomberg New Energy Finance (BNEF). After having obtained the top spot among all its industry peers in the previous 2016 report, Trina Solar has now once again been rated bankable by 100% of the banks, EPCs, consultants and industry experts participating in the BNEF survey.
“Global Trends in Renewable Energy Investment 2016“, the 10th edition of UNEP’s annual report, launched today by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance and Bloomberg New Energy Finance (BNEF), says the annual global investment in new renewables capacity, at $266 billion, was more than double the estimated $130 billion invested in coal and gas power stations in 2015.
Trina Solar announced this week that it has been named as the most ‘bankable’ PV module manufacturer globally according to a report by Bloomberg New Energy Finance (BNEF), “PV Module Bankability 2016: Quality On The Rise“, detailing the results of its survey, which was conducted to identify which module manufacturers are most likely to obtain non-recourse debt financing by commercial banks.
According to Frankfurt School-UNEP Centre’s Global Trends in Renewable Energy Investment 2015 latest report based on data from Bloomberg New Energy Finance (BNEF), global investments in renewable energy rebounded strongly last year, registering a solid 17% increase to $270.2 Billion in 2014 after two years of declines, which reflected several influences, including a boom in solar installations in China and Japan, totalling $74.9 billion between those two countries.