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DONGYANG, China, Feb. 23, 2024 /PRNewswire/ — On February 19, 2024, BloombergNEF (BNEF), a world-renowned energy research organization, released its report “Global PV Market Outlook Q1 2024” and announced the latest list of Tier 1 PV module manufacturers. DMEGC Solar was once again selected for this authoritative list, demonstrating its excellent product performance, reliable brand strength, and strong financial capabilities.
BNEF develops the Tier 1 PV module manufacturer ranking system to evaluate the comprehensive strength and market competitiveness of PV module manufacturers. To be selected, manufacturers must have obtained non-recourse financing from six different commercial banks over the past two years, demonstrating their financial capacity and credibility in the market. Additionally, starting in the first quarter of 2024, BNEF has raised the project size requirement from the previous 1.5 MW to 5 MW, further increasing the selection threshold. The latest Tier 1 list (Q1 2024) includes more than 20 module factories, a sharp reduction from the more than 40 factories last quarter.
Despite facing stricter selection criteria and higher barriers to entry, DMEGC Solar still managed to join the Tier 1 list with its outstanding performance, showing its influence and competitiveness in the international market. With its excellent product performance and reliable quality, DMEGC Solar has successfully obtained supply qualifications for several overseas photovoltaic projects and has received non-recourse financial support from international commercial banks, reflecting its solid financial strength and reliability. stable.
DMEGC Solar has been quite active in the market recently and has won many honors, including IEC TS 63209-1:2021 extended stress test certification, Best Carbon Neutral Professional award, and top MSCI ESG (BBB) and CDP ratings (BB) between photovoltaic companies.
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