BOVIET SOLAR CONTINUES TO RANK AS A BLOOMBERG NEW ENERGY FINANCE TIER 1 PV MODULE MANUFACTURER

SAN JOSÉ, Calif., Sept. 3, 2025 /PRNewswire/ -- Boviet Solar Technology Co., Ltd. (the "Company" or "Boviet Solar"), a leading solar energy technology company specializing in monocrystalline PV cells and 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 Q3 2025. This prestigious ranking was first achieved in 2017 and reflects Boviet Solar's ongoing commitment to excellence.

BloombergNEF, a leading authority on research and analysis in the transition to a low-carbon economy, employs a stringent tiering system to assess the bankability of PV module manufacturers. Achieving Tier 1 status requires manufacturers to supply their own-brand, self-manufactured products to at least six separate solar projects, each backed by non-recourse financing from six different banks within the last two years. These projects, with capacities of 5.0 MW or more, must be listed in the BNEF database with publicly accessible details about their location, size, developer, financial backers, and module supplier.

Scott Chen, VP of Global Sales and Marketing at Boviet Solar, commented, "Achieving and maintaining Tier 1 status is a testament to the trust our partners have in us and the exceptional quality of our product portfolio. It underscores our leadership in providing solutions that consistently deliver reliability and bankability at the highest level."

Sienna Cen, President of Boviet Solar USA, added, "This recognition goes beyond an accolade; it represents the dedication and innovation our teams bring to the industry every day. As we address the growing needs of utility-scale and large commercial and industrial applications, our unwavering focus remains on quality, innovation, and fostering strong collaborations with our valued partners."

BNEF's Tier 1 bankability rating serves as a vital benchmark for investors, developers, EPCs, and asset owners, offering a clear measure of a manufacturer's long-term stability and product dependability. This designation supports critical decision-making by guiding capital investments, supplier selections, and project implementation. By helping stakeholders evaluate performance, mitigate risks, and make well-informed choices, the Tier 1 rating promotes healthy competition and elevates industry standards.

In addition to this accolade, Boviet Solar has also been ranked among the top 10 global bankable PV module manufacturers by Wood Mackenzie as well as the top 10 global financially stable PV module manufacturers by Sinovoltaics. Boviet Solar's PV modules are known for their power, performance, and quality and have been rated as top performers on PVEL Kiwa's PV Module Reliability Scorecard since 2019.

BOVIET SOLAR

Boviet Solar Technology Co., Ltd. is a leading solar technology company founded in 2013 in Vietnam, specializing in the manufacturing of high-performance monocrystalline PV cells and premium Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules. Our top-performing modules are engineered for a wide range of applications, including residential, commercial, industrial, community, and utility-scale solar projects.

Boviet Solar combines business acumen, financial strength, technological expertise, and manufacturing excellence to deliver reliable, high-efficiency solar solutions to industry clients worldwide. The company is deeply committed to sustainability, supply chain traceability, and compliance with international trade standards, while fostering long-term, trust-based partnerships across the global energy sector. Boviet Solar has earned industry-wide recognition for quality and reliability. The company has maintained a Tier 1 PV Module Manufacturer ranking by Bloomberg New Energy Finance (BNEF) since 2017, has been recognized as one of the Top 10 Most Bankable Global PV Module Manufacturers by Wood Mackenzie, and is ranked among the Top 10 Most Financially Reliable PV Module Manufacturers by Sinovoltaics. Boviet Solar's modules have also been consistently rated as Top Performers in Kiwa PVEL's PV Module Reliability Scorecard since 2019.

Headquartered in Vietnam, Boviet Solar operates manufacturing facilities in both Vietnam and the United States, with an annual production capacity of 3.0 GW for PV cells and modules. The company also maintains regional operations in the United States, Germany, and other key international markets. To learn more, visit www.bovietsolar.com.

MEDIA INQUIRIES:
Songül Atacan
Head of Global Brand and Marketing
Boviet Solar
[email protected]

SOURCE Boviet Solar USA