On April 11, 2024, BloombergNEF (BNEF), a globally renowned research institute, released its Tier 1 list of energy storage manufacturers for the second quarter of 2024. HyperStrong secures a position on the list, as a testament to the wide recognition of its years of technological expertise, outstanding delivery capabilities, and strong bankability.

BNEF has developed a tiering system for battery cell makers and system integrators. Based on bankability as evidenced by deployment, the system is designed to create a transparent differentiation between the hundreds of stationary energy storage manufacturers in the market. This list consists of the energy storage manufacturers meeting the BNEF Tier 1 criteria as of Q2 2024.

Speaking on this global recognition, Dr. Jianhui Zhang, CEO of HyperStrong said, “Being recognized as a Tier 1 manufacturer by BloombergNEF not only underscores our years of commitment to quality and innovation, but also reinforces our position at the forefront of the energy storage industry. It is also a significant endorsement of our ability to meet the highest standards of project bankability and operational excellence, as well as a reflection of the trust our customers place in us to deliver best-in-class and reliable energy storage solutions "