VSUN is successfully listed on Q3 2019 Bloomberg New Energy Finance Tier 1 Solar Module Manufacturers list
VSUN SOLAR obtains the most important bankability ranking for PV manufacturers
The Tier 1 top ranking accounts for bankability and financial stability of the solar modules manufacturers and proves the sufficient non-recourse bank debt financing ability for solar projects. VSUN SOLAR was ranked Tier 1 among hundreds of other solar module manufacturers which have been divided into three different categories, according to their bankability and projects size.
In addition to its strong R&D base, remarkable manufacturing, engineering development, and Japanese know-how technology, VSUN SOLAR has once again proved to be a reliable “no-debt” financial partner.
This not only means that VSUN SOLAR's global brand is more credible and competitive, but it is also a strong recognition of VSUN SOLAR's Japanese quality and Vietnamese manufacturing in the global PV market. In addition, the company is expanding its manufacturing capacity to 1.5GW in order to meet all global sales requests and ensure further cost reduction.
"VSUN SOLAR getting listed on TIER 1 ranking is already expected, we are encouraged, and do not dare to slow down our vigilance. We always remind ourselves to guard against arrogance, modesty, and prudence and use our services and quality to maintain and cherish customers, so that we live up to the customer's expectations of VSUN. We will continue to promote the advantages of renewable energy and green technology, lower down LCOE of PV, offer our high-efficiency PERC mono and polycrystalline modules and provide support for EPC projects,” said Mr. Lewis Cai, CEO of VSUN SOLAR.
About VSUN SOLAR
VSUN SOLAR is a global high-tech enterprise affiliated with FUJI SOLAR Co., Ltd., and has established subsidiaries in Europe, Asia, and the Americas to provide green, clean and intelligent renewable energy solutions for global new energy businesses.
VSUN was founded in June 2015 with an investment from Japan. Relying on robotic equipment, professional management, and technical team, VSUN always commits to the development of efficient and intelligent products.
About Bloomberg New Energy Finance
Bloomberg New Energy Finance (BNEF), the leading provider of global business dynamics and financial information, brings the world's leading decision-makers through its powerful reports, experienced experts and comprehensive information network. The PV module manufacturer grading is a rating system developed by BNEF for global PV module manufacturers. Using “project financing” as a grading condition and based on the completed transactions tracked in the database, it helps developers, general contractors and investors to create a transparent and simple view on the PV modules market, making hundreds of thousands of reports available.