Sineng Electric Secures Prestigious BloombergNEF Tier 1 Ranking for PV Inverter Manufactures

2024-02-22

Sineng Electric, a global leading manufacturer of PV and energy storage inverters, has achieved a significant milestone by securing a spot in the esteemed BloombergNEF Tier 1 PV inverter manufacturers list for two consecutive quarters. This recognition underscores Sineng's commitment to technological advancement, business stability, and outstanding market competitiveness within the renewable energy industry.

BNEF's tiering system, known for its rigorous evaluation process focusing on bankability, acknowledges companies with proven track records of reliability and performance. Sineng’s inclusion in the Tier 1 category serves as a testament to its brand credibility and solidifies its position as a trusted partner for investors seeking reliability in the dynamic renewable energy sector.

With a focus on innovative techniques, dependable product quality, and unmatched market competitiveness, Sineng continues to pave the way towards a greener and brighter future while remaining dedicated to promoting sustainability for present and future generations.

Qiang Wu, Chairman of Sineng Electric, expressed his pride in the company's achievement, stating, "Earning recognition as a Tier 1 PV inverter manufacturer fills us with pride and motivation. It enhances our global reputation and influence, reaffirming our dedication to driving positive environmental impact and ecological consciousness. We remain steadfast in our commitment to catalyzing positive change and shaping a sustainable future."

About Sineng

Sineng Electric is a global leading supplier of a comprehensive product portfolio including PV inverters and energy storage systems for utility-scale, commercial, and residential applications. By establishing four R&D centers and leveraging top-notch resources, Sineng's unwavering commitment to technological innovation has enabled more people to access cost-effective, reliable, and sustainable energy. Since the inauguration of three global manufacturing facilities, the annual production capacity has reached 50GW. Known for the engineering excellence, rigorous testing standards, and consistent quality, Sineng is a market leader in the industry, ranking Top 8 in the global PV inverter market share and being recognized as BloombergNEF tier 1 PV inverter maker.