Glossary entry (derived from question below)
English term or phrase:
bankability
English answer:
ability to get financing as a technical term in solar industry
Added to glossary by
Stephanie Ezrol
Nov 14, 2011 16:05
13 yrs ago
12 viewers *
English term
bankability
English
Art/Literary
Linguistics
"XXX company delivers services and certificates proving your products' bankability."
Could you help me with the context here? what does bankability mean?
I have checked the dictionary. I think it is supposed to mean that the products are beneficial/profitable to those who use them. Is this the correct meaning?
Thank you
Could you help me with the context here? what does bankability mean?
I have checked the dictionary. I think it is supposed to mean that the products are beneficial/profitable to those who use them. Is this the correct meaning?
Thank you
Change log
Dec 5, 2011 21:32: Stephanie Ezrol Created KOG entry
Responses
+3
5 mins
Selected
reliability
There are common expressions like: you can bank on it, it's as good as money in the bank.
All of these expressions are ways of saying this product is rock solid, 100 percent reliable, as good as gold.
I belive that is how they are using the term.
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Note added at 12 mins (2011-11-14 16:18:15 GMT)
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This term is used frequently in the solar energy industry with a similar meaning, but perhaps a bit more specific.
"Bankability", in lose terms, means that a financial institution is willing to finance a solar project that includes components of a supplier part of its white list.
http://brooshasolar.com/index.php?option=com_content&view=ar...
I think you should find this website useful.
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Note added at 17 mins (2011-11-14 16:23:27 GMT)
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Here is one more:
"The opportunity we are going to unlock is a solar market not slowed down by the issue of bankability," according to Jenya Meydbray, the CEO of PV Evolution Labs.
"Bankability" is a fuzzy term but it roughly equates to the ten or twelve top solar panel manufacturers that developers and financiers are comfortable with. Although these firms have had product in the field for decades and have shipped millions of panels, bankability is less a quantitative and more a qualitative term
http://www.greentechmedia.com/articles/read/PVEL-Brings-Bank...
All of these expressions are ways of saying this product is rock solid, 100 percent reliable, as good as gold.
I belive that is how they are using the term.
--------------------------------------------------
Note added at 12 mins (2011-11-14 16:18:15 GMT)
--------------------------------------------------
This term is used frequently in the solar energy industry with a similar meaning, but perhaps a bit more specific.
"Bankability", in lose terms, means that a financial institution is willing to finance a solar project that includes components of a supplier part of its white list.
http://brooshasolar.com/index.php?option=com_content&view=ar...
I think you should find this website useful.
--------------------------------------------------
Note added at 17 mins (2011-11-14 16:23:27 GMT)
--------------------------------------------------
Here is one more:
"The opportunity we are going to unlock is a solar market not slowed down by the issue of bankability," according to Jenya Meydbray, the CEO of PV Evolution Labs.
"Bankability" is a fuzzy term but it roughly equates to the ten or twelve top solar panel manufacturers that developers and financiers are comfortable with. Although these firms have had product in the field for decades and have shipped millions of panels, bankability is less a quantitative and more a qualitative term
http://www.greentechmedia.com/articles/read/PVEL-Brings-Bank...
Note from asker:
Thank you. You seem to be on the right track, since solar energy requires investment as an innovative technology. |
Peer comment(s):
agree |
JH Trads
: I undestand it the same way, also 'dependability'. If the context is solar energy, there is naturally a notion of 'profitability' in the general sense (which obviously implies going beyond the breakeven point)
2 mins
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Thanks Hugo !
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agree |
Mark Nathan
: although following on from Hugo, note that bankability is not the same as profitability. You might reduce your fuel bill.
6 hrs
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Thanks Mark !
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agree |
Thuy-PTT (X)
14 hrs
|
Thanks Thuy-PTT !
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4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
9 mins
it is viable and deserving of financial support with low risk
I understand it to mean that the product can be "banked", that is, given financial support. It is viable and the risk involved in giving it financial support is low.
10 days
ability to make money
Cambridge Advanced Learner's Dictionary: His bankability as a pop star decreased as he got older.
Discussion