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Sunova / Thornova Solar now listed as Tier 1 module manufacturer by BNEF for a full year

2024-08-23

With its 3rd quarter 2024 report, Bloomberg New Energy Finance (BNEF) now has listed Sunova Solar as a Tier 1 module manufacturer for a full year. While other manufacturers failed to fulfil the new criteria of delivering minimum 6 projects with at least 5MW in size or have come into turmoil due to the current difficult business situation, Sunova Solar and Thornova Solar remain well afloat and growing.

Wuxi, August 23, 2024 – Sunova Solar and Thornova Solar are proud to inform their customers, partners and those who want to become such in the future, that with the report that came out today we are now being listed as a Tier 1 player by Bloomberg continuously for a whole year.

“Becoming a Tier 1 player in Q3 last year was our first major milestone. Staying Tier 1 under the new more stringent condition of having to provide 5 MW or larger projects truly showed that customers and financial institutions trust in Sunova / Thornova Solar. Being listed for a whole year continuously proves that we are a stable and reliable partner, trusted by many customers and their banks", says William Sheng, CEO of Sunova Solar.

The quality of our products has recently been further confirmed by the PVEL Top Performer award, as well as the strong recognition by the EUPD Top Brand PV award in Brazil. Additionally, the latest Dun & Bradstreet rating of our company further clearly underlines our financial stability.

“With 5.5 GW of module production capacity operational and further 4.5 GW under construction we are prepared for demand for large scale solar park.” adds Mike Song, Chairman of Sunova Solar. “This is further supported by the cell factory that we just opened beginning of January. Located in Yibin in the Sichuan province it has 9 GW of capacity and enables direct control of the cell quality and the related supply chains.”

Sheng concludes “our customer-centric approach is at the core of our actions. With the increasing demand for our modules for utility scale applications, we see that our dedication to putting our customers at the forefront of everything we do, pays off. We thank all our clients and partners who trust in our products for their world class solar projects. They helped us to Make it Happen!”

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