The Bloomberg New Energy Finance “tiering system” was developed to represent actual bankability, and banks are the most demanding and analytical in determining and verifying quality of components used in commercial solar installations – since they cannot risk financing large-scale projects that default. Banks, and their technical due diligence providers, are extremely unwilling to disclose their whitelists of acceptable products, so Bloomberg New Energy Finance bases its criteria on what deals have been closed in the past. Only project financings of 1.5MW and above capacity are tracked in their database. Manufacturers must also own their own manufacturing facility, which enables them to have the strictest quality control possible, and have strong research and development into producing the best product in the industry.
The tiering system creates a very factual and transparent differentiation between the hundreds of manufacturers. The largest commercial buyers, major utilities, banking institutions, and other major module purchasers rely on this classification system.
Bloomberg New Energy Finance strongly recommends module purchasers also utilize the top due diligence firms that measure exact quality and real performance of modules. One of the most trusted and consulted due diligence firms in the industry is TUV, and Seraphim was the first module manufacturer in the world to pass the most stringent TUV SUD “Thresher” test, which determines true long-term performance and safety. Seraphim was also the world’s first manufacturer to pass the TUV SUD On-site Power Measurement Validation program, to guarantee the modules true power output. Photon Laboratory, one of the most trusted and rigorous testing laboratories in the industry, has consistently graded Seraphim in the top of their yield measurement analysis since 2012.
“There’s no other module manufacturer that has more reliability and notoriety from the industry than Seraphim, we are quickly separating ourselves internationally as the quality leader, and have been investing our R&D and resources into having the most current and state of the art equipment and processes. Our factory expansion into the U.S. further demonstrates our willingness to enhance our visibility and dedication to support our customer base.”
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