#USA #San Jose #Boviet Solar #PV Modules #Tier 1 Manufacturer

Boviet Solar Maintains Its Prestigious Tier 1 Rank in 2026

Boviet Solar Technology Co. Ltd., a prominent player in the solar energy sphere, has once again secured its Tier 1 position from Bloomberg New Energy Finance (BNEF) for the first quarter of 2026. This accolade reflects the company's unwavering commitment to excellence in the production of advanced monocrystalline photovoltaic (PV) cells and high-quality solar modules, specifically the Gamma Series™ Monofacial and Vega Series™ Bifacial modules.

First achieving Tier 1 status in 2017, Boviet Solar has maintained its elite standing throughout every quarter of 2025. This consistency showcases an unbroken record of bankability, financial stability, and product reliability, each a critical criterion evaluated by BNEF.

According to Sienna Cen, President of Boviet Solar USA, “Maintaining our Tier 1 status reinforces the trust our customers and financiers place in us.” This stamp of approval not only boosts the company’s reputation but also solidifies its appeal to investors and partners in the solar domain.

Significance of Tier 1 Status

The Tier 1 label is more than just a badge of honor; it signifies a manufacturer’s credibility, addressing the expectations of financial institutions regarding product quality and company stability. Bloomberg NEF follows stringent criteria for this designation, ensuring that only manufacturers meeting established standards receive this honor. These criteria include:

• - Supply of own-brand, self-manufactured PV modules.
• - Participation in at least six distinct solar projects with non-recourse financing from a minimum of six banks.
• - Completion of projects within the last two years, each capable of generating 10 MW or more.

The Tier 1 designation thus acts as a vital reference point for stakeholders in the solar energy landscape, from developers to asset owners, guiding decisions concerning investments and supplier choices. It assures them that the products are backed by consistent performance and financial reliability.

Commitment to Expansion

Boviet Solar is not resting on its laurels. With the launch of its new 3.0 GW North American PV module manufacturing facility in Greenville, North Carolina, the company enhances its capability to meet US market demands with locally produced, leading-edge solar technology. Additionally, a complementary 3.0 GW PV cell factory is on schedule for completion in the latter half of 2026. This expansion emphasizes the company’s strategy to strengthen its market presence and ensure proximity to its customer base while continuing to deliver high-quality solutions.

Boviet Solar’s reputation in the industry is further bolstered by additional accolades, including spots among the Top 10 Global PV Module Manufacturers by Wood Mackenzie and consistent rankings in the Top Performers lists across various reliability assessments since 2019. Such recognitions validate the company's operational excellence and commitment to creating long-lasting partnerships in the solar energy sector.

About Boviet Solar

Founded in 2013 in Vietnam, Boviet Solar Technology Co., Ltd. specializes in the manufacturing of cutting-edge monocrystalline PV cells and solar modules. The company’s products are engineered for a wide spectrum of applications, covering residential, commercial, industrial, community, and utility-scale solar projects. Boviet Solar prides itself on its ability to deliver sustainable, high-efficiency solar solutions tailored to meet the varied needs of its clients.

Balancing sound business practices with technological innovation, Boviet Solar is dedicated to sustainability and insists on adherence to international trade standards, thus promoting transparency and fostering trust within the global energy marketplace. With global headquarters in Vietnam and operational facilities in both the USA and Germany, the company is strategically poised for continued growth and influence in the solar industry.

For more insights into Boviet Solar’s offerings and initiatives, visit www.bovietsolar.com.