STATEMENT: Huasun, first manufacturer of photovoltaic modules according to BNEF

(Information sent by the signatory company).

STATEMENT: Huasun, first manufacturer of photovoltaic modules according to BNEF

(Information sent by the signatory company)

XUANCHENG, China, March 6, 2023/PRNewswire/ -- Huasun Energy, ("Huasun") a world-class photovoltaic (PV) module manufacturer, has been named to the Tier 1 PV module manufacturer list by BloombergNEF ( BNEF) for the first quarter of 2023.

BNEF is one of the world's leading providers of research on green energy trends, and its quarterly ranking of global PV module manufacturers is generally considered the gold standard in the panel manufacturing industry. Based on factors such as product quality assurance and profitability, the Tier 1 rating reflects industry recognition of brand credibility on a global scale. From the time of application to listing, Huasun achieved Tier 1 classification in record time for a manufacturer specializing in heterojunction technology (HJT).

BNEF's ranking for global PV module manufacturers is divided into three tiers, with Tier 1 being the one that has to meet the most stringent criteria to be selected. To be considered Tier 1 PV module manufacturers, companies must demonstrate that they produce own-brand PV modules for six different projects and obtain non-recourse financing from six different commercial banks.

"The Tier 1 designation serves as an independent validation of Huasun's performance as a business partner, rating PV module manufacturers based on their bankability or financial stability," said Matthew Jin, General Manager of Huasun's Sales & Marketing Center. .

Huasun now owns 2.7GW of high-efficiency HJT solar cell capacity and 2.7GW of module capacity respectively, and has supplied more than 1GW of HJT products to nearly 30 countries around the world, ranking as the largest HJT manufacturer in the world. Being listed on the Tier 1 PV Module Manufacturers list further enhances Huasun's reputation and influence in the world market and facilitates stronger steps in its ambitious global expansion.

About Huasun Energy

Huasun Energy is a technology innovation company specializing in R&D and large-scale manufacturing of ultra-high efficiency N-type silicon heterojunction solar cells and modules. With its capacity of 2.7 GW of solar cells and modules respectively, Huasun has become the largest HJT manufacturer in the world. With more than 1 GW of HJT products supplied to more than 30 countries and regions, Huasun is committed to providing customers with the most efficient, highest performance and best benefit clean energy solutions.

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