These new solar projects are the first such utility-grade installations constructed by Boviet Renewable Power in North America, and demonstrate Boviet’s strengths in project development, financing and project execution, as well as R&D and manufacturing.
The new Boviet Renewable Power subsidiary was formed specifically to deliver high-quality solar generation facilities to help utilities, and C&I customers to meet their renewable sustainability and energy goals. The 30MW solar project portfolio in Georgia is owned and operated by Boviet Renewable Power and the power is sold to Georgia Power Company, which serves 2.4 million customers across the state.
“The addition of Boviet Renewable Power allows us to leverage our PV technology and industry relationships to help utilities generate more clean energy for their customers,” said Eric Ma, president of Boviet Solar USA and managing director of Boviet Renewable Power. “Boviet is in a unique position to develop these types of projects. We have superior R&D and module manufacturing capability, and we have access to the financial backing needed to deliver high-capacity solar projects. In fact, adding Boviet to Bloomberg’s Tier 1 list puts us in an even stronger position to finance and develop utility-grade solar in North America.”
Boviet was recently ranked as a Tier 1 solar module manufacturer by Bloomberg New Energy Finance Corporation. The Tier 1 designation rates solar module manufacturers based on bankability or financial stability and serves as independent validation of Boviet’s performance as a business partner.
