BOVIET SOLAR ACHIEVES SILVER PLUS RATING IN TERAWATT PV 100 BANKABILITY REPORT Q1 2026, REINFORCING U.S.-FOCUSED STRATEGY AND EXECUTION-DRIVEN POSITIONING
SAN JOSE, California, March 15, 2026 — Boviet Solar Technology (North Carolina) LLC (“Boviet Solar” or “the Company”), a U.S.-focused solar technology company specializing in the manufacturing of high-performance Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules, today announced that it has been awarded a Silver Plus rating in the Q1 2026 Terawatt PV 100 Bankability Report published by TerraWatt PV Research.
The Terawatt PV 100 ranks the top 100 companies across the global solar manufacturing ecosystem, evaluating participants across the full value chain from polysilicon and wafers to modules, materials, and production equipment. The ranking is based on a newly developed methodology assessing production scale, financial strength, and corporate transparency, with companies categorized into rating tiers ranging from Platinum through Bronze.
Within this highly competitive global landscape, Boviet Solar’s Silver Plus rating reinforces its position as a bankable, credible, and execution-driven partner while maintaining a distinctly focused business model.
“We are proud to be recognized in a global ranking alongside the largest solar manufacturers in the world,” said Scott Chen, VP of Global Sales and Marketing at Boviet Solar. “Boviet Solar is not a global manufacturing company, we are intentionally focused on the U.S. market. Our strategy is centered on delivering high-quality products, reliable execution, and full regulatory alignment for our U.S. customers. This recognition validates that a focused, execution-driven approach can compete alongside global scale players.”
Unlike many companies in the ranking that compete primarily on global production scale, Boviet Solar’s model prioritizes execution certainty, compliance, and long-term customer value within the United States. This approach aligns closely with evolving market dynamics, where policy alignment, supply chain transparency, and ESG performance are increasingly critical to project development and financing.
The Terawatt PV methodology introduces a comprehensive framework by treating the PV manufacturing ecosystem as a total addressable market (TAM), where companies compete across served addressable markets (SAMs) based on their role in the value chain. This enables consistent benchmarking across component producers, materials suppliers, and equipment providers, offering a more holistic view of industry competitiveness.
Boviet Solar’s Silver Plus rating reflects its strength across key evaluation areas:
- Strong alignment with U.S. market requirements and regulatory frameworks
- Financial credibility supporting long-term partnerships
- High standards of corporate transparency and governance
- Proven product performance and reliability through independent validation
- Supply chain traceability and compliance with evolving global standards
“Bankability today is not defined by scale alone,” added Chen. “It is defined by consistency, transparency, and the ability to deliver under real market conditions. Our U.S.-focused strategy allows us to provide greater clarity, reduced risk, and stronger alignment with our customers’ needs and we are proud of what this achievement represents.”
Bankability ratings such as the Terawatt PV 100 play a critical role in supporting lender confidence, investor decision-making, and project financing. Boviet Solar’s recognition further strengthens its position as a low-risk, execution-driven partner for utility-scale, commercial & industrial, and distributed generation solar projects across the United States.
ABOUT 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 Top 10 Most 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 INQUIRIES:
Songül Atacan
Head of Global Brand and Marketing
Boviet Solar
[email protected]