The results of the BloombergNEF(BNEF) 2021 PV module bankability survey were 
recently released showing once again that JA Solar is in the top tier of PV 
module manufacturers in terms of financial stability and reputation, with its 
bankability recognized by BNEF's 100% recommendation index.

BNEF's evaluation of the bankability of module manufacturers is based on an 
analysis of track records, financial stability, and module technologies after 
its survey of banks, funds, solar engineering contractors, independent power 
producers and technical advisers, with global coverage. 

According to BNEF's data on global term-loan financed projects, since August 
2019, JA Solar's module supply has accounted for the highest proportion, which 
shows that JA Solar's immense bankability has been recognized by the whole PV 
market. 

The survey results also integrate module test data sourced from PV Evolution 
Labs (PVEL), an independent third-party test lab and Renewable Energy Test 
Center (RETC), an authoritative testing agency from the United States. 

According to PVEL's 2021 PV Module Reliability Scorecard, JA Solar has been 
recognized for the sixth time as a "Top Performer." The 2021 Scorecard is a 
detailed summary of test results lasting over an 18-month period. The PV module 
Product Qualification Program (PQP) includes tests and analyses on thermal 
cycling (TC600), damp heat (DH2000), potential-induced degradation (PID192), 
light-induced degradation (LID), light and elevated temperature-induced 
degradation (LeTID), and more. In comparison with most standardized tests, PQP 
is more rigorous in terms of both conditions and sequences, and consequently 
the results obtained are more detailed and significant for practical module 
application scenarios. Being named as "Top Performer" by PVEL is precious 
recognition of the quality and excellent performance of JA Solar's PV products. 

In RETC's 2021 PV Module Index Report (PVMI), JA Solar is recognized as 
"Overall High Achiever" with its modules' excellent performance in quality, 
reliability, and performance. The 2021 PVMI Report summarizes the results of 
more than 12 months of testing on damp heat (DH2000), dynamic mechanical load 
(DML), solar module efficiency, PTC-to-STC ratio, PAN file test, light-induced 
degradation (LID), light and elevated temperature-induced degradation (LeTID), 
thresher test, among others. Each test holds strong reference significance for 
the reliability of modules in practical application scenarios. Consecutively 
winning the "Overall High Achiever" honor further confirms the performance 
advantages of JA Solar modules in efficiency, reliability and power generation 
capacity, and perfectly reflects the "customer-oriented, to achieve optimal 
LCOE" module design mindset. 

JA Solar has always been committed to promoting the development and application 
of high-efficiency PV technology and providing high-quality products and 
services to customers worldwide, and has gained high recognition in the global 
market. With its global shipment volume ranked among the top three for several 
consecutive years, JA Solar has been awarded with the Top Brand PV seal in 
European, Middle East & North Africa, Australian and Vietnamese markets.

Source: JA Solar Technology Co., Ltd.