Sunova Solar Continues to be Listed as Tier 1 Module Manufacturer by Bnef

21.02.2024

Sunova Solar Continues to Be Listed as a Tier 1 Module Manufacturer by BNEF

In its report for the first quarter of 2024, Bloomberg New Energy Finance (BNEF) continues to list Sunova Solar as a Tier 1 module manufacturer. While 43% of the module manufacturers were removed from the list, Sunova Solar met the new criteria of having at least 6 projects with a size of 5 MW or more.

Wuxi 19.02.2024 – Sunova Solar is proud to inform its customers, partners and those who wish to become one in the future that we continue to be listed as a Tier 1 player in the Bloomberg report for the first quarter of 2024, which was published on Monday.

William Sheng, CEO of Sunova Solar, commented: “Becoming a Tier 1 player in Q3 last year was our first major milestone. The fact that we remain Tier 1 even under the new, stricter conditions that require us to deliver projects with a capacity of 5 MW or more shows that customers and financial institutions have confidence in Sunova Solar. Our partners and their banks are convinced of the quality of our modules and the financial stability of the company. We are proud to be recognized as a company that produces some of the highest quality and most trusted solar technologies on the market.”

“With 5.5 GW of module production capacity in operation and a further 4.5 GW under construction, we are prepared for the demand for large solar parks,” adds Mike Song, Chairman of Sunova Solar. “This is also supported by the cell factory that we opened at the beginning of January. It is located in Yibin in Sichuan Province and has a capacity of 9 GW and enables direct control of cell quality and the associated supply chains.”

Sheng concludes: “Our customer-oriented approach is at the heart of everything we do. The increasing demand for our modules for utility-scale applications shows us that our commitment to putting the customer at the center of everything we do is paying off. We would like to thank all our customers and partners who rely on our products for their first-class solar projects. You have helped us with this – to Make it Happen!”

About Sunova Solar

Founded in 2016, Sunova Solar is an integrated system solutions provider focused on the research and development and manufacture of solar products sold worldwide and the development of PV systems. Sunova Solar currently operates three production factories in China and Vietnam with an integrated capacity of 5.5 GW of solar modules and has a further 4.5 GW of production capacity under construction, which is expected to be operational by the end of 2023. Sunova Solar has established its own subsidiaries or offices in Germany, Brazil, Poland, the Netherlands, Spain, Italy, France, Mexico, Vietnam and other countries. In addition, the company has more than 100 industry-leading partners in more than 20 countries and regions around the world. By December 2023, Sunova Solar had delivered more than 4.3 GW of modules worldwide. In addition to modules, Sunova Solar now also produces TOPCon cells in its factory in Yibin, Sichuan, with a capacity of 9 GW.

For further information please contact
Andrea Bodenhagen
Global Branding Director
Sunova Solar Europe GmbH
Mobile: +49-1590-1621062
Andrea.bodenhagen@sunova-solar.com
www.sunova-solar.com

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