Huasun, a first-class manufacturer of photovoltaic (PV) modules, has been named on BloombergNEF’s (BNEF) list of Tier 1 PV module manufacturers for Q1 of 2023.
BNEF is a globally leading provider of research on green energy trends. Its quarterly tiering for global PV module manufacturers is generally regarded as the gold standard in the panel manufacturing industry. A Tier 1 ranking reflects industry recognition for brand credibility on a global scale, and is judged on factors such as product quality assurance and bankability. Huasun achieved a Tier 1 ranking in a record time for a manufacturer specialized in heterojunction technology (HJT), from the time of application to being named on the list.
BNEF’s tiering for global PV module manufacturers is divided into three tiers. Tier 1 has the most stringent criteria for selection. Companies must prove that they produce self-owned brand PV modules for six different projects and obtain non-recourse financing from six different commercial banks to qualify as a Tier 1 PV module manufacturer.
“The Tier 1 designation serves as independent validation of Huasun’s performance as a business partner since it rates PV module manufacturers on bankability or financial stability,” said Matthew Jin, General Manager of Sales & Marketing Center of Huasun.
Huasun now owns 2.7GW capacity of high-efficiency HJT solar cells and 2.7GW capacity of modules respectively and has delivered over 1GW HJT products to nearly 30 countries around the globe, ranking as the largest HJT manufacturer in the world. Being listed as a Tier1 PV module manufacturer further elevate Huasun’s reputation and influence in the global market and facilitates firmer steps in its ambitious for global expansion.
Huasun Energy is a technological innovation enterprise specializing in the R&D and large-scale manufacturing of ultra-high-efficient N-type silicon-based heterojunction solar cells and modules. With a 2.7GW capacity for both solar cells and modules, Huasun is currently the largest HJT manufacturer in the world. Having delivered over 1GW of HJT products to more than 30 countries and regions, Huasun is committed to providing customers with effective clean energy solutions that offer greater performance and better returns.