RECOM, a leading European solar module manufacturer and independent power producer (IPP) globally, is among the recipients of BloombergNEF Tier1 for 4Q 2019.
BloombergNEF tiering criteria is predicated on solar companies‘ self-manufactured modules and their use in multitude of non-recourse bank-financed utility scale solar projects over a two year period as measure of bankability of their products.
As the only European manufacturer on the Tier1 list, RECOM has a growing presence in the solar market since 2007. Its module and cell manufacturing facilities in Lannion, France and Padua, Italy respectively and its large footprint of utility scale projects globally, have all made RECOM’s inclusion in the list possible.
“We are proud to acquire Tier 1 ranking,” says RECOM CEO Hamlet Tunyan. “This rewards our past work and makes us even more attentive moving forward.”