Housing in Southern Africa March 2016

Industry Buzz

Most bankable PV manufacturer Trina Solar has been named as World’sMostBankablePVModule Manufacturer, byBloombergNew Energy Finance (BNEF).

T he 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.” seeing all of the company’s business operations in Angola from 1 st 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.

Bathrooms, Kitchens & Plumbing, Bricks & Paving, Energy Efficiency, Green Building & IBTs To advertise contact Brenda Grossmann on 011 622 4770 or email brendag@crown.co.za Our Next Issue H O U S I N G in Southern Africa 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.” ■

Country manager in Angola

A urecon has announced the ap- pointment of a new Country Manager in Angola, Carlos Seara will be responsible for over-

H O U S I N G in Southern Africa www.housinginsamagazine.co.za

Carlos Seara

March 2016