Runergy Upgraded to BB Rating in Q2 2024 PV ModuleTech Bankability Report

Runergy, a leading solar technology company, has received an upgrade in its PV ModuleTech Bankability Ratings, moving from a CCC rating in Q2 2023 to a BB rating in Q2 2024. The PV ModuleTech Bankability Ratings are a highly respected industry benchmark, providing a comprehensive evaluation of solar companies based on their financial stability and manufacturing excellence.

The BB rating signifies that Runergy has a robust track record, strong financial health, and innovative capabilities, making it a reliable photovoltaic (PV) module manufacturer. Founded in 2013, Runergy has established itself as an international player in the PV industry, specializing in the research, development, manufacturing, and distribution of solar cells and modules.

By the end of 2023, Runergy had shipped over 65 GW of solar cells, demonstrating its significant production capacity. The company operates facilities in China and globally, covering the entire solar value chain, including polysilicon, wafers, solar cells, modules and complete solar project solutions. Runergy’s diverse product portfolio caters to a wide range of applications, including residential and commercial rooftops, as well as large-scale ground-mounted power stations and tracker systems.

The upgraded rating underscores Runergy’s growth and its potential for sustained success in the renewable energy industry. This achievement reaffirms Runergy’s position as a vital contributor to the global transition towards sustainable energy.

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