LONGi Solar named Tier-1 Module manufacturer in Q4-2018 Bloomberg New Energy Finance Report on November 30th, 2018
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The report also updated the Altman-Z ratio of solar module manufacturers that measures the company's financial security. The test predicts the probability of a manufacturer going bankrupt in the next two years. LONGi was ranked the most secure company in Asia and second of all PV manufacturers worldwide.
While BNEF's Tier 1 and Altman-Z are strong indicators of a manufacturer's bankability, quality and reliability require a different measure. In its fourth annual PV Module Reliability Scorecard Report 2018, DNV GL, named LONGi Solar a "Top Performer" for module reliability. DNV GL awards are based on 4 stringent PV module reliability laboratory tests, which are comprised by thermal cycling, damp heat, dynamic mechanical load and potential induced degradation. LONGi Solar received "Top Performer" in all four tests categories.
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