In a new scorecard reviewing the solar photovoltaic (PV) module sector, Trina Solar, SunPower, First Solar, Hanwha Q-cells and Jinko Solar were all identified as this year’s industry leaders. Each of these companies garnered above average scores for both market presence and market momentum, according to the ranking from IHS Markit (Nasdaq: INFO), a global business information provider.
“IHS Markit evaluated the largest module suppliers based on nine different metrics to arrive at the overall scores,” said Edurne Zoco, senior manager, solar research at IHS Technology. “This scorecard takes into account a company’s current market and financial position, as well as its potential to cope with the next wave of challenges faced by the solar industry.”
According to the 2016 IHS Markit PV Module Supplier Scorecard, Trina Solar scored highest in market presence, receiving high scores in nearly all categories due to its leading global market share, completeness of its product offering, strong position in all major regions and brand perception…