Boviet Solar Technology Co. Ltd., a leading solar energy technology company specializing in advanced monocrystalline PV cells and premium Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, is proud to announce its continued recognition as a Tier 1 PV module manufacturer by Bloomberg New Energy Finance (BNEF) for Q4 2025. Boviet Solar first achieved Tier 1 status in 2017 and has maintained this prestigious distinction across every quarter of 2025, reflecting the company’s consistent bankability, financial stability, and product reliability.
Bloomberg NEF, a globally trusted authority on research and analysis in the transition to a low-carbon economy, applies a stringent tiering methodology to assess the bankability of PV module manufacturers. The Tier 1 designation represents the highest level of credibility for solar manufacturers whose products and financial strength meet the rigorous due-diligence requirements of global financial institutions.
BNEF’s Tier 1 bankability rating serves as a vital benchmark for investors, developers, EPCs, and asset owners, providing an independent measure of a manufacturer’s long-term stability and performance reliability. The designation supports critical decision-making across the solar value chain by guiding capital investment, supplier selection, and project implementation. By helping stakeholders evaluate quality and mitigate financial risk, the Tier 1 rating promotes industry transparency, confidence, and higher standards worldwide.
BNEF’s evaluation criteria require PV module manufacturers to:
- Supply own-brand, self-manufactured PV modules.
- Provide PV modules for at least six separate solar projects.
- Ensure each project is backed by non-recourse financing from at least six different banks.
- Have these solar projects completed within the past two years.
- Include solar projects of 10 MW or greater capacity.
- Ensure all project data is listed in the BNEF Project Finance Database.
- Make all project details publicly accessible, including project location, size, developer, financial backers, and module supplier.
“Maintaining Tier 1 status reinforces the trust our customers and financiers place in us,” said Sienna Cen, President of Boviet Solar USA. “With our new 3.0 GW North American PV module manufacturing facility in Greenville, North Carolina now operational, and our 3.0 GW PV cell factory scheduled for completion in H2 2026, we are strengthening our ability to serve the U.S. market with advanced, high-quality solar technology made closer to our customers.”
“Achieving Tier 1 status in every quarter since 2017 underscores Boviet Solar’s consistent performance and credibility within the global solar industry,” said Songul Atacan, Head of Global Brand and Marketing at Boviet Solar. “This recognition demonstrates our unwavering commitment to manufacturing excellence, financial strength, and sustainable growth. We remain focused on supporting our customers and partners worldwide through reliable products and responsible business practices.”
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