Tier One Solar Panels

It s also important to note that bnef s tiered system ranks manufacturers and not specific panel lines.

Tier one solar panels.

Based on bnef s criteria tier 1 modules are just those that are used in a lot of projects and almost all established solar companies are considered tier 1. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. The answer may come as a bit of a shock. This ranking system tier 1 2 3 etc was made to help big companies to take a decision related to the financing of medium to large scale solar power projects.

The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since. Latest tier 1 solar panels list 2020 as per last years release the bloomberg module tiering list 2019 is not published by bloomberg new energy finance online. Solar panel manufacturers that claim to be tier 1 include. Tier 1 installers invest heavily in research development r d and continually innovate in order to improve their.

Comprised of existing sources already made publicly available on the internet this latest tier 1 solar panels list 2020 is available in an easily indexable fashion for your convenience. However close observation of the past trend shows that usually the top 5 brands in the tier 1 panel list can be taken as rule of thumb for laymen to select a pv panel brand for their business or residential pv system. Tier 1 solar panels are panels which are produced from tier 1 solar panel manufacturers that comply with a specific set of criteria. Tier 1 doesn t mean the panels are the best performing modules on the market.

Everything else is marketing spin. Learn what tier 1 solar panels actually mean in this solar basics video based on the story. Each year solar review publishes the latest tier 1 solar panels list in a bid to assist end user education understand the term tier 1 was not created as a quality guideline. What makes a tier 1 solar panel an example from pike research first of all they are vertically integrated meaning that they don t simply assemble solar panels using other.

According to bloomberg a tier one solar manufacturer is nothing more than a company that has provided their panels for 6 large scale solar projects larger than 1 5mw that have been financed by 6 different banks within the last two years. Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. In this 3 tier system the tier 1 list usually has around 35 companies. What are tier 1 solar panels.