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BloombergNEF has raised the minimum project size to 10 MW, tightening access to its Tier 1 classification. Image Source: LONGi
LONGi, a China-based PV module manufacturer headquartered in Xi’an, was included in BloombergNEF’s Tier 1 List for Q2 2025. The company has met revised criteria requiring delivery of self-branded, self-produced modules to six PV projects, each over 10 MW and backed by non-recourse financing from six separate commercial banks. LONGi has demonstrated consistent project performance and financial credibility across international utility-scale installations using its Hi-MO series modules. BloombergNEF stated that the minimum qualifying project size was increased from 5 MW to 10 MW, reducing the number of eligible firms. The Tier 1 classification, as per BloombergNEF, serves as a global benchmark for assessing module supplier reliability, bankability, and risk. LONGi’s inclusion has reflected its ability to meet operational standards and maintain stable growth in line with evolving investor and lender expectations.