News

Narada Reappears on BNEF Tier 1 Energy Storage Manufacturer List
Release Date:2025-05-15

Recently, Bloomberg New Energy Finance (BNEF) released its Energy Storage Tier 1 List for Q2 2025, and Narada has once again been named a Tier 1 energy storage manufacturer.

As a globally recognized authority in the field of new energy research, BNEF's Tier 1 classification system is widely regarded as a key benchmark for evaluating the comprehensive capabilities of energy storage system integrators. It also serves as a crucial reference for customers in the industry when selecting partners.


The evaluation criteria for the 2025 Tier 1 list have been significantly upgraded. In addition to meeting the required number of valid commissioned projects, BNEF has, for the first time, incorporated localized delivery capabilities as a core metric. Companies are now required to demonstrate engineering implementation and service capabilities in at least two international markets. Furthermore, the financing threshold has been raised substantially, requiring companies to have completed at least two energy storage project financings in the past 24 months in two different countries, led by third-party financial institutions.


Narada’s repeated inclusion on the BNEF Tier 1 list highlights its strong technical expertise, operational performance, and high bankability in the global energy storage sector.


Over the years, Narada has adhered to a technology-driven development strategy, continuously increasing investment in R&D for energy storage products and system integration solutions. The company has introduced a series of industry-leading products, including the 6.25MWh AC/DC integrated liquid-cooled energy storage system, the 8.338MWh energy storage system, and the 783 ultra-large capacity solid-state battery, effectively meeting the diverse demands of various application scenarios.


With robust system integration capabilities and a comprehensive global service network, Narada has secured major storage orders in key markets such as Australia, Europe, and North America, while also expanding into emerging markets including India, Greece, Sweden, and Finland. The company currently maintains a strong order backlog of energy storage projects.


Narada’s inclusion in the BNEF Tier 1 list once again underscores its comprehensive competitiveness and international achievements in the global energy storage industry. Looking ahead, the company will continue to deepen its global presence and contribute to the worldwide energy transition and high-quality development.

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