BloombergNEF, a global energy research authority, has released its Tier 1 PV Module Manufacturer list for Q1 2026. Horay Solar remains on the list, reflecting its consistent performance in terms of product reliability, manufacturing capability, and global project delivery.
Tier 1: A Benchmark for Bankability
According to BloombergNEF’s official methodology, Tier 1 status is awarded based on data from its renewable energy asset and financing database, as well as independent bankability assessments. The ranking evaluates manufacturers based on their track record of supplying large-scale projects financed by commercial banks.
For developers and investors, the Tier 1 list is a useful reference tool for selecting suppliers with a proven track record of delivery and recognised financial credibility. Horay Solar's continuous inclusion in the list demonstrates its stable, verifiable performance across international markets and reinforces its position as a trusted partner for utility-scale and commercial projects worldwide.

Integrated Solar and Storage Expertise
With nearly 16 years of experience in the renewable energy sector, Horay Group covers all aspects of the value chain, including energy storage system development, high-efficiency PV module manufacturing, system integration, and EPC services.
With an annual module production capacity of around 2.5 GW, the company’s portfolio includes advanced technologies such as TOPCon, HJT and BC. Horay delivers integrated energy solutions tailored to residential, commercial and industrial applications by combining in-house high-efficiency modules with storage systems and inverter solutions.
A Global Platform for Sustainable Growth
Horay has manufacturing facilities in China and Malaysia, supported by operational networks in Germany, the United States and Kenya. The company serves Europe, the Americas, the Asia-Pacific region and Africa. All products comply with major international certification standards to ensure reliability and long-term performance.
Being recognised by BloombergNEF is an endorsement of Horay Solar’s market strength and a foundation for future growth. Looking ahead, the company will continue to invest in innovation, strengthen its solar-plus-storage strategy, and expand its global service capabilities, thereby supporting the worldwide transition towards a more sustainable energy system.

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