LERRI solar named Tier One PV supplier by BNEF

LERRI Solar produces mono-crystalline silicon solar cells and PV modules
LERRI Solar produces mono-crystalline silicon solar cells and PV modules

LERRI Solar, a monocrystalline solar PV module manufacturer headquartered in Xi'an, China, has been named a Tier One supplier by Bloomberg New Energy Finance (BNEF).

LERRI Solar is a fully owned subsidiary of Xi'an LONGi Silicon Materials Corp., the world’s largest manufacturer of monocrystalline silicon wafers.

BNEF's classification is based on demonstrating significant non-recourse project finance deals that have successfully closed. i.e., becoming a Tier One company, per BNEF, requires a significant track record of commercial acceptance by investment institutions.

Furthermore, per BNEF, “...one of the characteristics of a tier 1 manufacturer is transparency and good data availability.”

BNEF provides its list of Tier One producers, updated quarterly, to companies who subscribe to BNEF’s Solar Insight Service.

“We are pleased to kick off 2017 with being named a Tier One module supplier by the prestigious Bloomberg organization,” comments Richard For, LONGi-LERRI Solar's Head of Overseas Business.

Based on manufacturing capacity, LERRI Solar ranks in the top quarter of all manufacturers on BNEF’s Tier One list, the company emphasizes.

 

2017-02-23 | Courtesy: LERRI Solar | solarserver.com © Heindl Server GmbH

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