Explore Crisil, a company of S&P Global

Formerly known as Market Intelligence & Analytics

Solar Grading

Crisil's grading system evaluates the credibility and reliability of stakeholders in the solar industry, including system integrators, renewable energy service companies and solar project developers.

 

The grading system provides a holistic assessment of a company

 

 

This parameter evaluates a company's track record in the solar business, product diversity, customer and supplier feedback, technical expertise, manpower adequacy, and management quality.

This parameter examines a company's revenue generation, profitability and financial flexibility.

 

 

 

Solar grading scale

 

 


Crisil solar grading
Financial Strength
HighestHighModerateWeakPoor






Performance
Capability
HighestSP 1ASP 1BSP 1CSP 1DSP 1E
HighSP 2ASP 2BSP 2CSP 2DSP 2E
ModerateSP 3ASP 3BSP 3CSP 3DSP 3E
WeakSP 4ASP 4BSP 4CSP 4DSP 4E
PoorSP 5ASP 5BSP 5CSP 5DSP 5E