Boviet Solar earns BloombergNEF Tier 1 status for Q4 2024

Wood Mackenzie has also ranked Boviet Solar among the top 10 PV module manufacturers worldwide. (Image Source: Boviet Solar)

Vietnam-based Boviet Solar Technology Co. Ltd., specializing in monocrystalline PV cells and advanced PV modules, has been recognized as a Tier 1 PV module manufacturer by Bloomberg New Energy Finance (BNEF) for Q4 2024. The company claims this milestone, first achieved in 2017, highlights its compliance with strict criteria, including supplying branded modules to at least six 5 MW+ projects with non-recourse financing from six distinct banks in the past two years. These projects are listed in the BNEF database with public details on size, location, financiers, and developers. The Tier 1 status signals product reliability and financial stability, crucial for investors and EPCs. Boviet Solar was ranked among the top 10 module manufacturers by Wood Mackenzie.