S&P Global Commodity Insights recently released its inaugural Tier 1 Cleantech Companies list. Ningbo Deye Technology Co., Ltd. (Stock Code: 605117.SH) was included in the list as a Tier 1 PV inverter supplier.
The list is designed to help recognized cleantech suppliers stand out in an increasingly competitive market. Its assessment framework considers several factors, including market presence, cumulative equipment shipments, annual market share, business scale, global manufacturing diversification, financial performance and sustainability.
According to S&P Global Commodity Insights, the Tier 1 Cleantech Companies list introduces a transparent and data-driven evaluation standard intended to build long-term credibility in a market with numerous supplier rankings and different scoring systems.
Unlike conventional rankings based mainly on a single criterion, the S&P Global framework evaluates companies across multiple dimensions and over a longer period. By assessing a wider range of indicators, the list provides a more comprehensive view of each company’s market position and capabilities. The Tier 1 designation can therefore serve as a reference not only for traditional utility-scale markets but also for the growing distributed-energy sector.
Deye has focused for many years on residential and commercial and industrial solar PV and energy storage markets. Through continued product development and market expansion, the company has delivered practical energy solutions to customers in more than 140 countries and regions. These products support the development of dependable distributed-energy systems for homes, businesses and local communities. Further information is available through Deye’s residential energy storage solutions and commercial and industrial ESS solutions.
In addition to helping users reduce electricity costs and increase the use of renewable energy, Deye solutions provide reliable access to electricity in regions where the grid supply remains limited or unstable. Through these applications, Deye contributes to the United Nations Sustainable Development Goal 7: ensuring access to affordable, reliable, sustainable and modern energy for all.
