Construction World April 2016

ENVIRONMENT AND SUSTAINABILITY

A survey of key PV stakeholders asked about 50 different module brands and 100% of respondents said that Trina Solar was bankable, confirming the company's leading position in the solar PV market. The report details the findings of a survey conducted by BNEF to identify which module manufacturers are most likely to obtain non-re- course debt financing by commercial banks. Survey participants, which were banks, technical consultants, engineering contractors, asset managers and independent power producers (IPPs) from all around the world, were asked which PVmodule brands they considered bank- able by their own internal criteria, which is usually based on product quality and the manufacturer's financial strength. Trina Solar topped the list of 50 module manufacturers, being the only company that all survey respondents believed was bankable. The report also 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 database. The BNEF database is not fully comprehensive, but contains almost 14 000 solar financings worldwide. Commenting on the report findings, Teresa Tan, chief financial officer of Trina Solar, said: “The findings from this report are highly positive and we believe that they come as further confir- mation of our leading position in the industry around the world. Trina Solar prides itself on the sustainability and strength of its way of doing business and this latest acknowledgement of our leading bankability comes as a logical result. We always strive to deliver bankable PV solutions that are innovative and that will provide the best returns for our customers. We have invested heavily, 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. manufacturer globally by Bloomberg New Energy Finance (BNEF). > WORLD’S MOST ‘BANKABLE’ Trina Solar Limited, a global leader in photovoltaic (PV) modules, solutions, and services, recently announced that is has been named the most ‘bankable’ PV module

This new development is situated in the heart of the Centurion Central Business District and consists of two open plan PPS Group, the financial services company in South Africa which focuses exclusively on graduate professionals, announced the opening of the PPS Centurion Square office development last month. > water consumption. Rain water will be harvested from the roof area to be re-used on the site and greywater collected from sinks and showers will be captured and treated for landscape irriga- tion purposes.” FIVE STAR GREEN OFFICE DEVELOPMENT IN CENTURION

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office buildings situated on a total area of 23 000 square metres and has received a Five Star Green Building Rating from the Green Building Council of South Africa (GBCSA). Tiffany Boesch, group financial director of PPS, says the company is proud to be part of the development as it is PPS Property Fund Trust’s latest green office development. “Investing in green technology will not only lead to cost reductions in the long term, but will also result in reduced use of resources and have a positive impact on the health and wellness of the occupants and surrounding community. “At PPS, about 15% of our members are professionals within the built environment and we therefore are duty bound to be at the cutting edge of construction trends and green building technology. When the opportunity presented itself to develop a new office park through our Property Fund, we embraced this opportunity to collaborate with the Green Building Council of South Africa and demonstrate our commitment to environmental stewardship and social respon- sibility,” says Boesch. What the architect says Lood Welgemoed from Boogertman + Partners Architects, says that the building achieves a 61% improvement in carbon emissions through instal- lation of various energy sub meters, web-based energy meters as well as motion sensors all in an effort to reduce energy consumption associated with the lighting.“The efficient water fixtures and fittings that have been installed in the building also results in significant savings of potable

He explains that the GBCSA is a nationally accepted organisation that leads the transfor- mation of the South African property industry to ensure that buildings are designed, built and operated in an environmentally sustainable way. “The GBCSA’s mission is to promote, encourage and facilitate green building in the South African property and construction industry through providing an established common language and best practice standard of measurement for green buildings through the Green Star SA rating tools,” concludes Welgemoed.

Tiffany Boesch, group financial director, PPS.

CONSTRUCTION WORLD APRIL 2016