Solis Confirms Leadership Tier With Tier 1 Status In BNEF

Solis Confirms Leadership Tier With Tier 1 Status In BNEF

Ningbo, China-based , Ginlong (Solis) Technologies, recognized as one of the foremost and largest inverter manufacturers globally, has ended 2023 with its inclusion in the  BloombergNEF Tier 1 PV Inverter Manufacturers list for the fourth quarter of 2023. For Solis, this noteworthy acknowledgment caps what has been a tremendous year for the firm in China and globally, with its ascent in global rankings of inverter majors as well as the strengthening of its position across key markets.

The Tier 1 ranking acknowledges performance in globally recognized projects and a robust bankability profile. In many cases, it helps project developers access funding faster, or even cheaper financing, as investors consider the quality of the key input suppliers.

Lucy Lu, the deputy general manager at Ginlong (Solis), shared her thoughts on this accomplishment, stating, “This year marks the 18th-anniversary milestone for Solis. Throughout these years, our mission has remained unchanged: ‘Developing Technology to Power the World with Clean Energy.’ In pursuit of this goal, we have consistently pushed the boundaries of innovation, resulting in incredible accolades such as this Tier 1 ranking. The recent announcement underscores the relentless effort of our 4,500+ person’s strong team and 800+ R&D innovators, strategically placed across the globe. We are more motivated than ever to continue propelling advancements that will shape the future of clean energy.”

With a vertically integrated, state-of-the-art manufacturing capability, Solis stands out by exercising control over the entire production process – from component sourcing to product distribution. This ensures the highest possible quality standards for customers and compliance with the most stringent international regulations, according to the firm.

Solis is currently rated the world’s third-largest PV inverter manufacturer. Providing solar and energy storage solutions for residential, commercial, and utility-scale customers, Solis delivers value across the solar supply chain. The Solis brand employs innovative string
technology, ensuring top-tier reliability validated through rigorous international certifications.

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Tony Cheu

Tony is a BSc who has shifted from a career in finance to journalism recently. Passionate about the energy transition, he is particularly keen on the moves being made in the OECD countries to contribute to the energy transition.