Bankability of solar inverters: A vital requirement to build trust, mitigate risk and maximize return on investment
The concept of bankability is today critically important in the solar photovoltaics (PV) business due to the rapid growth of the PV market and the arrival of numerous new players all through the value chain. Bankability has therefore recently become an essential benchmark which investors, banks and other financing institutions use to assist with financing decisions. When selecting the solar inverter, the high-tech heart and brain of any PV system, bankability of the supplier is of extreme importance, especially for large scale PV plants.
In the solar inverter market, where a new project may well have a planned lifetime of 20 years or more, the most important factors impacting and deciding the bankability of any supplier generally fall under four main categories. These are:
ABB solar inverters have the capability to satisfy each of these deliverables, making them bankable and, more fundamentally, a choice that you can confidently trust.