BNEF Tier 1

According to PV Magazine,  “BNEF’s tiering system for PV module manufacturers is based on bankability, to help purchasers of modules distinguish between the hundreds of modules available today. To be ranked as Tier 1, the manufacturer must have provided in-house manufactured PV modules to six different projects that have been non-recourse financed by six different banks over the past two years. Since non-recourse financing does not allow the lender to pursue anything other than the collateral, it’s an indication that the bank has confidence in the PV module manufacturer.”

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