Tier 1! Sineng Electric is selected into Bloomberg's global first-tier photovoltaic inverter manufacturer list

Recently, BloombergNEF, a world-renowned research institution, announced the ranking of global photovoltaic inverter manufacturers in the fourth quarter of 2023. With its continuous technological innovation capabilities, solid and reliable product quality and sustainable financing capabilities, Sineng Electric has been successfully selected into the first echelon (Tier 1) of global photovoltaic inverter manufacturers.

Bloomberg New Energy Finance uses "bankability" (i.e. whether projects using the brand's photovoltaic inverter products can obtain non-recourse debt financing from banks) as the key grading condition, and independently developed and established a photovoltaic inverter supplier rating system for the global market, aiming to make the differences in photovoltaic inverter brands around the world transparent. The selected Tier 1 inverter manufacturers must have provided their own brand and self-produced inverter products to at least four projects with a capacity of more than 1.5MW worldwide in the past two years, and these projects must have obtained non-recourse financing from at least two different commercial banks. Due to the strict qualifications for Tier 1 supplier selection, it has become one of the most well-known and reliable industry rating systems in the world. It is considered to be a fair, objective and highly credible authoritative reference material in the industry, and is widely recognized by international financial institutions and new energy investors.

Sineng Electric's successful inclusion in the Tier 1 global photovoltaic inverter manufacturer list is not only a recognition of Sineng Electric's technological innovation strength, product quality, financing capabilities and global brand competitiveness, but also sets a new benchmark for the innovation and development of the photovoltaic inverter industry in the future. As a pioneer in renewable energy committed to raising environmental protection and ecological awareness, Sineng Electric will continue to empower industry progress, provide customers with more excellent products and solutions, and contribute to global green development.