LONGi Ranks Again in BNEF Tier 1 list for Q1 2023

LONGi, a world-leading solar technology company, has ranked once again in the list of photovoltaic (PV) module manufacturers meeting Bloomberg New Energy Finance (BNEF)'s Tier 1 criteria as of Q1 2023, due to its high efficiency and high-reliability Hi-MO series products, stable business operation and strong bankability.

The PV module manufacturing supplier rating is one of the world-renowned and authoritative industry rating systems, wherein BNEF judges from multiple dimensions such as product quality assurance, government project bidding, and bank financing support.

The quarterly tiering is widely regarded as the benchmark in the solar module manufacturing sector.

The selection of the first echelon manufacturers is regarded to be the strictest, where manufacturers must demonstrate that they can provide self-branded, self-produced module products for at least six projects. Moreover, these projects must obtain non-recourse financing from six different commercial banks.

Also, due to the rigorous selection process, BNEF Tier 1 is often used as a fair, objective and highly credible reference for attracting investment in PV projects worldwide.

Over the years, LONGi has focused on providing global users with PV products with optimal LCOE and green energy solutions with higher value.

In November 2022, LONGi set a new world record efficiency of 26.81% for its HJT silicon solar cells. Just one month later, LONGi set new world cell efficiency records of 26.56% for p-type HJT cells and 26.09% for indium-free HJT cells.