ZNSHINE SOLAR, a global manufacturer of mono- and polycrystalline photovoltaic modules, has been upgraded to Tier 1 manufacturer status according to the prestigious Bloomberg New Energy Finance (BNEF) Q1 2015 Global PV Market Outlook.
The Bloomberg New Energy Finance PV Module Maker Tiering System was developed to create transparent differentiation between the numerous manufacturers of solar modules on the market. The classification is based on bankability and grants the title of Tier 1, which is the highest position, to manufacturers whose solar modules are deployed in projects likely to be offered non-recourse debt financing by non-development banks. BNEF bases its findings on completed deals tracked through its database, which included more than 4,800 solar financings worldwide as of the end of last year.
ZNSHINE SOLAR entered the US market in 2014 with the US entity ZNSHINE PV-TECH in South San Francisco, California. The company is committed to be socially and environmentally responsible for carbon emissions.