On February 28, 2023, Ningbo Ulica Solar Co., Ltd (brand Ulica Solar) has been listed in the Tier 1 list of global PV module manufacturers for thirteen consecutive quarters, based on its excellent global project performance and strong financeable strength, in the new Tier 1 list of global PV module manufacturers announced by Bloomberg New Energy Finance (BNEF) in the United States in the first quarter of 2023.

About Bloomberg New Energy Finance

Bloomberg New Energy Finance (BNEF) is an industry research organization dedicated to providing data and information to energy professionals, offering a complete range of subscription-based, third-party independent services, and is a highly recognized industry rating agency.

The significance of Tier 1

The Tier 1 rating represents the company's enhanced brand credibility and market competitiveness, as well as the international PV industry's recognition of the quality of its products, which allows it to bid for government projects and helps its customers worldwide to obtain project financing from commercial banks in the future.

Being ranked Tier 1 for 12 consecutive quarters indicates that Eureka's PV modules are highly recognized by authoritative financial institutions in the industry worldwide, which helps to improve investors' confidence and their own market competitiveness, and also promotes Eureka Solar to continue to provide stable and reliable modules to customers worldwide.