Tier One Solar Panels

Tier 1 doesn t mean the panels are the best performing modules on the market.

Tier one solar panels.

Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. 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. 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.

That being said a bank would not fund a large scale project worth say 200 million dollars if the product used was likely to fail in the short term thus inadvertently a tier 1 solar panel is a high quality panel or should we say a solar panel that is designed to produce power for as long as the expected lifespan which is around 25 years. In this 3 tier system the tier 1 list usually has around 35 companies. Tier 1 solar panels are panels which are produced from tier 1 solar panel manufacturers that comply with a specific set of criteria. 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.

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. The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since. Everything else is marketing spin. What are tier 1 solar panels.

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. Learn what tier 1 solar panels actually mean in this solar basics video based on the story. 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.

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. 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. It s also important to note that bnef s tiered system ranks manufacturers and not specific panel lines. The answer may come as a bit of a shock.