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BOVIET SOLAR POSITIONS ITS PV SOLUTIONS AS THE RIGHT PARTNER FOR LARGE-SCALE AND DG-LEVEL UTILITY SOLAR PROJECTS

SAN JOSÉ, California — March 02, 2026 — Boviet Solar (“Boviet Solar” or the “Company”), a leading solar energy technology company specializing in high-efficiency monocrystalline PV cells and Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, today reaffirmed its position as a trusted, long-term partner for the full spectrum of utility-scale solar applications across the United States — from large-scale power plants exceeding 20 MW to distributed generation (DG) utility projects ranging from 1 MW to 20 MW.

Utility-scale solar power remains the backbone of America’s clean-energy transition, delivering cost-competitive, reliable electricity to utilities, municipalities, cooperatives, corporate buyers, and wholesale power markets nationwide. Today’s utility landscape extends beyond traditional 20+ MW grid-scale installations and includes small utility DG projects, hybrid solar-plus-storage systems, merchant utility facilities, peaker plant replacement projects, and grid-support or transmission-constrained deployments that enhance localized reliability. Increasingly, developers are also prioritizing IRA bonus-eligible projects and Domestic Content-qualified utility installations to maximize financial returns and tax advantages.

From gigawatt-scale projects exceeding 20 MW to DG-level installations between 1 MW and 20 MW serving regional substations and community load centers, these projects require proven technology, strong financial backing, rigorous quality assurance, and a manufacturing partner capable of supporting deployment at every scale and configuration. Selecting the right PV module supplier is essential to ensuring dependable energy output, optimized project economics, and long-term investment confidence.

Boviet Solar delivers bankable PV solutions purpose-built for utility-scale applications of all sizes, including:

  • Utility-Scale Solar (20 MW and above)
  • Small Utility / Distributed Generation (1–20 MW)
  • Solar + Storage (Hybrid Utility Projects)
  • Merchant Utility Solar
  • Peaker Replacement Solar
  • Grid Support / Transmission-Constrained Solar
  • Domestic Content Utility Projects
  • IRA Bonus Eligible Utility Projects

Its Gamma Series™ monofacial and Vega Series™ bifacial modules, powered by advanced monocrystalline PERC and N-Type cell technologies, offer high efficiency, superior energy yield, and exceptional durability to help achieve optimized Levelized Cost of Electricity (LCOE). Engineered for large ground-mount and tracker systems as well as DG-scale fixed-tilt installations, Boviet Solar modules provide consistent high-power output, strong mechanical integrity, and reliable performance across diverse climate and site conditions.

Boviet Solar’s technology is independently validated through rigorous third-party testing and evaluation. The Company’s PV modules have been repeatedly recognized as Top Performers in the Kiwa PVEL PV Module Reliability Scorecard since 2019, demonstrating resilience under industry-leading stress tests. Independent factory and product assessments conducted by Black & Veatch further verify Boviet Solar’s manufacturing quality, process discipline, and operational reliability. The Company maintains one of the industry’s strongest compliance portfolios, including TÜV RoHS, TÜV REACH, TÜV PFAS, TÜV TCPL, and TÜV TCSA certifications, while consistently achieving leading CEC PTC and STC ratings that confirm real-world energy performance. Every module is backed by a 12-year product warranty (extendable) and a 30-year performance warranty, providing long-term asset protection and predictable lifetime yield.

Boviet Solar’s bankability is reinforced by independent global institutions, including BloombergNEF Tier 1 recognition (since 2017), Wood Mackenzie’s A-Class Global Bankable Manufacturer ranking, and Sinovoltaics’ Top 10 Financial Stability score. Boviet Solar modules are routinely accepted and financed by major project lenders, tax-equity investors, and financial institutions, enabling developers, independent power producers, and DG operators to secure competitive financing, accelerate project closing, reduce transaction risk, and maximize long-term returns across both large-scale and mid-scale utility segments.

With gigawatts of PV modules delivered across the United States, Boviet Solar has earned the trust of leading utility-scale developers and energy companies. Its modules power some of the nation’s most ambitious projects exceeding 20 MW, as well as numerous DG and small-scale utility installations between 1 MW and 20 MW that support localized grid reliability and community energy resilience.

Boviet Solar’s proven reliability and strong bankability have also made its modules the preferred choice for high-profile utility-scale project repowering and takeovers, where asset owners replace legacy or underperforming technology to restore system output and protect long-term asset value. These projects underscore the confidence that utilities, corporations, and institutional asset owners place in Boviet Solar’s ability to improve performance, reduce risk, and ensure long-term operational reliability.

“Utility-scale solar projects — whether 1 MW distributed systems or 500 MW grid-scale installations — require far more than high-power modules; they demand a partner with proven reliability, financial credibility, and the operational strength to support projects for decades,” said Songul Atacan, Head of Global Brand & Marketing at Boviet Solar. “Boviet Solar’s bankability, independently validated performance, and expanding U.S. manufacturing footprint provide developers and investors with the confidence to build, finance, and operate projects of any scale with certainty and peace of mind.”

Boviet Solar is further strengthening U.S. supply-chain resilience through its 3.0 GW PV module manufacturing facility in Greenville, North Carolina, operational in 2025, and its planned 3.0 GW PV cell manufacturing expansion targeted for 2026. These U.S.-based operations shorten lead times, improve procurement certainty, support IRA Domestic Content qualification, enhance energy security, and create skilled local jobs, while delivering high-quality, Made-in-USA solar technology to meet the growing needs of both large-scale and DG-level utility markets.

Sustainability, ethical sourcing, and transparent operations are core principles at Boviet Solar. The Company operates under ISO 9001, ISO 14001, and ISO 45001 standards, participates in the United Nations Global Compact, upholds Solar Supply Chain Traceability Protocol, undergoes STS audits, complies with UFLPA requirements, and completes EcoVadis sustainability assessments. These commitments ensure responsible manufacturing, transparent supply chains, and environmentally sound production practices across Boviet Solar’s global operations.

With proven reliability, strong bankability, U.S. manufacturing capabilities, ESG integrity, and dedicated U.S. technical and commercial support, Boviet Solar is the right partner to power America’s utility-scale solar future — from distributed 1 MW projects to transformative multi-hundred-megawatt installations.

Boviet Solar — Dependable Solar Solutions for Utility-Scale Projects.
Engineered to Perform | Built to Last | Designed to Deliver.

BOVIET SOLAR

Boviet Solar Technology Co., Ltd. is a leading solar technology company founded in 2013 in Vietnam, specializing in the manufacturing of advanced monocrystalline PV cells and premium Gamma Series™ monofacial and Vega Series™ bifacial PV modules. Boviet Solar’s top-performing modules are engineered for a wide range of applications, including residential, commercial, industrial, community, 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 industry clients worldwide. The company is deeply committed to sustainability, supply chain traceability, and compliance with international trade standards, while fostering long-term, trust-based partnerships across the global energy sector. Boviet Solar has earned industry-wide recognition for quality and reliability.

Boviet Solar has earned 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, named 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. Additionally, PV ModuleTech has ranked Boviet Solar among the Top 20 Global PV Module Manufacturers since 2022, while Kiwa PVEL has recognized the company’s products as Top Performers in its PV Module Reliability Scorecard since 2019. Collectively, these distinctions underscore Boviet Solar’s strong bankability, financial resilience, and long-term reliability as a trusted global solar technology partner.

Boviet Solar’s global headquarters is in Vietnam, with manufacturing facilities in both the USA and Vietnam, along with additional operations in the USA, Germany, and other key international markets. For more information about our company and products, please visit www.bovietsolar.com.

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