The Tier 1 top ranking accounts for bankability and financial stability of the solar modules manufacturers and proves the sufficient non-recourse bank debt financing ability for solar projects.
VSun Solar was ranked Tier 1 among hundreds of other solar module manufacturers which have been divided into three different categories, according to their bankability and projects size. In addition to its strong R&D base, remarkable manufacturing, engineering development, and Japanese know-how technology, VSun Solar has once again proved to be a reliable “no-debt” financial partner.
This not only means that VSun Solar's global brand is more credible and competitive, but it is also a strong recognition of VSun Solar's Japanese quality and Vietnamese manufacturing in the global PV market. In addition, the company is expanding its manufacturing capacity to 1.5GW in order to meet all global sales requests and ensure further cost reduction.
“VSun Solar getting listed on TIER 1 ranking is already expected, we are encouraged, and do not dare to slow down our vigilance. We always remind ourselves to guard against arrogance, modesty, and prudence and use our services and quality to maintain and cherish customers, so that we live up to the customer's expectations of VSun. We will continue to promote the advantages of renewable energy and green technology, lower down LCOE of PV, offer our high-efficiency PERC mono and polycrystalline modules and provide support for EPC projects,” said Mr. Lewis Cai, CEO of VSun Solar.
