BOVIET SOLAR CONTINUES TO RANK AS A BLOOMBERG NEW ENERGY FINANCE (BNEF) TIER 1 PV MODULE MANUFACTURER IN Q2 2026

GREENVILLE, North Carolina, May 27, 2026 — Boviet Solar Technology LLC. (“Boviet Solar” or “the Company”), is a leading solar energy technology company specializing in advanced monocrystalline Galaxion™ N-type PV cells and premium Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, is proud to announce its continued recognition as a Tier 1 PV module manufacturer by Bloomberg New Energy Finance (BNEF) for Q2 2026.

Boviet Solar first achieved Tier 1 status in 2017 and has maintained this prestigious distinction across every quarter of 2025, reflecting the company’s consistent bankability, financial stability, and product reliability.

Bloomberg NEF, a globally trusted authority on research and analysis in the transition to a low-carbon economy, applies a stringent tiering methodology to assess the bankability of PV module manufacturers. The Tier 1 designation represents the highest level of credibility for solar manufacturers whose products and financial strength meet the rigorous due-diligence requirements of global financial institutions.

BNEF’s Tier 1 bankability rating serves as a vital benchmark for investors, developers, EPCs, and asset owners, providing an independent measure of a manufacturer’s long-term stability and performance reliability. The designation supports critical decision-making across the solar value chain by guiding capital investment, supplier selection, and project implementation. By helping stakeholders evaluate quality and mitigate financial risk, the Tier 1 rating promotes industry transparency, confidence, and higher standards worldwide. To access the report, please visit: https://about.bnef.com/

BNEF’s evaluation criteria require PV module manufacturers to:

⦁ Supply own-brand, self-manufactured PV modules.
⦁ Provide PV modules for at least six separate solar projects.
⦁ Ensure each project is backed by non-recourse financing from at least six different banks.
⦁ Have these solar projects completed within the past two years.
⦁ Include solar projects of 10 MW or greater capacity.
⦁ Ensure all project data is listed in the BNEF Project Finance Database.
⦁ Make all project details publicly accessible, including project location, size, developer, financial backers, and module supplier.

“Maintaining Tier 1 status reinforces the trust our customers, project developers, EPCs, and financing institutions place in us,” said Ashok Nair, President & CEO USA PV Module Manufacturing, Inox Solar Americas. “With our new 3.0 GW North American PV module manufacturing facility in Greenville, North Carolina now operational, and our 3.0 GW PV cell factory scheduled for completion in 2027, we are further strengthening our ability to support the U.S. solar market with advanced, high-quality solar technology manufactured closer to our customers.”

“This recognition reflects Boviet Solar’s continued growth as a trusted, reliable, and execution-driven PV module manufacturer supporting large-scale solar development across the United States and global markets,” said Sienna Cen, President of Boviet Solar USA. “It reinforces the confidence that project developers, EPCs, investors, and financing institutions place in our manufacturing capabilities, product quality, operational stability, and long-term commitment to the renewable energy industry. As we continue expanding our U.S. manufacturing operations, this milestone further strengthens Boviet Solar’s position as a dependable long-term partner for utility-scale, commercial, industrial, and distributed generation solar projects.”

Boviet Solar has received multiple global bankability recognitions from leading independent research and analytics organizations. The company has been consistently ranked as a Tier 1 PV Module Manufacturer by Bloomberg New Energy Finance (BNEF) since 2017, recognized among Wood Mackenzie’s A-Class Bankable Global PV Module Manufacturers since 2024, and listed among Sinovoltaics’ Top 10 Most Financially Stable PV Module Manufacturers since 2024. In addition, TeraWatt PV has ranked Boviet Solar as Global Silver plus PV Module manufacturer, while Kiwa PVEL has recognized the company’s products as Top Performers in its PV Module Reliability Scorecard since 2019. Collectively, these distinctions reinforce Boviet Solar’s strong bankability, financial resilience, manufacturing credibility, and long-term reliability.

About Boviet Solar

Boviet Solar, an Inox Solar Americas company founded in 2013, is a leading solar technology company specializing in the manufacturing of advanced monocrystalline Galaxion N-Type™ PV cells and premium Gamma Series™ monofacial and Vega Series™ bifacial PV modules. Boviet Solar’s top-performing PV modules are engineered for a wide range of applications, including residential, commercial, industrial, community solar, and utility-scale solar projects.

Boviet Solar combines business acumen, financial strength, technological expertise, and manufacturing excellence to deliver reliable, high-efficiency solar solutions to customers across the renewable energy industry. The company is strongly committed to sustainability, supply chain traceability, and compliance with U.S. and international trade standards while fostering long-term, trust-based partnerships throughout the energy sector. Boviet Solar has earned broad industry recognition for quality, reliability, and operational performance.

Boviet Solar has received multiple global bankability recognitions from leading independent research and analytics organizations. The company has been consistently ranked as a Tier 1 PV Module Manufacturer by Bloomberg New Energy Finance (BNEF) since 2017, recognized among Wood Mackenzie’s A-Class Bankable Global PV Module Manufacturers since 2024, and listed among Sinovoltaics’ Top 10 Most Financially Stable PV Module Manufacturers since 2024. In addition, TeraWatt PV has ranked Boviet Solar as Global Silver plus PV Module manufacturer, while Kiwa PVEL has recognized the company’s products as Top Performers in its PV Module Reliability Scorecard since 2019. Collectively, these distinctions reinforce Boviet Solar’s strong bankability, financial resilience, manufacturing credibility, and long-term reliability.

Boviet Solar operates its U.S. PV module and PV cell manufacturing facility in Greenville, North Carolina, supporting domestic solar deployment through localized production, supply chain stability, and efficient logistics. As an Inox Solar Americas company, Boviet Solar operates within a broader renewable energy platform under Inox Clean Energy and the INOXGFL Group, strengthening the company’s long-term positioning, operational stability, and alignment with evolving U.S. market, policy, and regulatory requirements.
For more information, please visit www.bovietsolar.com, www.inoxclean.com, www.inoxgfl.com

MEDIA INQUIRES:
Songül Atacan
Head of Global Brand and Marketing
Boviet Solar
songul.atacan@bovietsolar.com