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ZNSHINE » News » 2024 » ZNSHINE SOLAR Upgraded to B Rating in PV Tech Bankability Ranking, Demonstrating Robust Overall Strength

ZNSHINE SOLAR Upgraded to B Rating in PV Tech Bankability Ranking, Demonstrating Robust Overall Strength

Views: 56     Author: Site Editor     Publish Time: 2024-07-22      Origin: Site

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Recently, PV Tech released the Q2 2024 bankability ratings for module manufacturers, and ZNSHINE SOLAR has successfully been upgraded to a B rating. In a highly competitive market environment, ZNSHINE SOLAR has demonstrated robust overall strength, earning widespread recognition from domestic and international financial markets, the photovoltaic industry, and third-party institutions.

The PV Tech bankability rating system is an authoritative analytical tool in the industry, designed to evaluate the reliability and financing capability of photovoltaic module manufacturers. This rating system not only focuses on the short-term performance of manufacturers but also emphasizes their long-term development potential and market competitiveness. By comprehensively considering companies' production capacity, shipment volume, R&D capabilities, product reliability, financial health, and profitability, PV Tech ultimately forms its bankability ratings. The quarterly updates of the rating system ensure the timeliness and accuracy of the evaluation results.

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ZNSHINE SOLAR's upgrade to a B rating highlights its outstanding performance in financial health and market competitiveness. As a leading global photovoltaic module manufacturer, ZNSHINE SOLAR has been deeply involved in the photovoltaic industry since 2007 and is one of the first companies in China to layout the photovoltaic hydrogen production field. The company is committed to becoming a provider of green energy solutions. Currently, ZNSHINE SOLAR has production bases in Changzhou, Suqian, and Dali in China, with a total capacity of 10 GW. The company also plans to build new production bases in China and Indonesia to expand its capacity.

ZNSHINE SOLAR has been repeatedly recognized as one of the most influential photovoltaic module manufacturers and EPC companies. Since 2015, ZNSHINE SOLAR has consistently been rated as a global Tier 1 module manufacturer by Bloomberg New Energy Finance (BNEF). Despite market fluctuations, ZNSHINE SOLAR achieved positive net profits in both 2022 and 2023, demonstrating its strong financial performance and stable operational capability.

Looking ahead, ZNSHINE SOLAR will continue to be customer-oriented, constantly innovate, and enhance the competitiveness and market share of its products. The company will uphold its mission of "making green electricity more efficient," actively promoting the development of global green energy, and continually contributing to addressing global climate change and energy transition.

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