Yingli Solar Rated as Tier 1 by BNEF

May 31, 2022. By News Bureau

Baoding-based Yingli Solar, which is a leading solar energy company, announced that the company has been rated as a Tier 1 module manufacturer by Bloomberg New Energy Finance in its Q2 2022 publication.

The tiering system used is developed by BloombergNEF to carefully evaluate module manufacturers based on their bankability.

Yingli Solar and its products have earned the trust of customers around the world with product stability. In the RETC PV Module Index Report, Yingli Solar has been awarded as a 'High Achiever' and remarked '+' in BloombergNEF Tiering system, showcasing the high recognition the market has for the reliability of Yingli's products.

"With continuous technological progress, Yingli has always provided customers with better products and services. We believe that this ranking in Tier 1 will also enhance the confidence of investors and the market in Yingli," said Xulong Yin, Chairman, Yingli. "Yingli is committed to the development of high-efficiency products. The construction of Panda N-type cell production line will start in June, and we will create a four-in-one PV solution that integrates technology development and standard formulation, quality control, industrial application, and service cooperative."

Established in 1997, the company has more than 30 regional subsidiaries and branch offices and has distributed more than 15 GW solar panels to customers worldwide.

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