Representational image. Credit: Canva

Boviet Solar Technology Co. Ltd., has been named one of the top 10 most financially stable solar PV manufacturers in the third edition of Sinovoltaics’ 2025 PV Manufacturer Ranking Report.

This is the third time this year Boviet Solar has secured a top 10 position, having also been listed in Sinovoltaics’ first and second editions in 2025.

“In today’s fast-evolving solar market, financial resilience is more important than ever,” said Dricus de Rooij, CEO and co-founder of Sinovoltaics. “Boviet Solar’s consistent performance reflects a strong financial foundation.”“Being ranked again among the top 10 most financially stable PV manufacturers speaks to the discipline and foresight behind our financial and operational strategy,” said Scott Chen, VP of Global Sales and Marketing. “It reinforces to our customers and partners that Boviet Solar is built for the long haul—with the stability and strength needed to support ambitious solar deployments around the world.”

Published by Sinovoltaics, a Dutch-German firm specializing in technical compliance and quality assurance for battery energy storage and solar PV, the ranking is based on Altman-Z Scores, which measure the financial strength of companies. The 2025 edition evaluates 64 publicly listed PV module manufacturers across Asia, Europe, and the Americas.