Tier 1 Solar Panels

Tier 1 is a term created by bloomberg with no criteria of quality in the selection process.

Tier 1 solar panels. Consider this your most up to date online alternative to other popular tier 1 solar panel lists available for your research requirements. 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. This article takes a look at what these terms mean in practice and how they can help you to make a decision about going solar. It started as a rating system to measure the credit worthiness of solar panel brands for the banking and other financial institutions.

What are tier 1 solar panels. The group first developed the tiered system for pv modules to create a transparent differentiation among the many solar manufacturers so financial institutions could easily determine which brands were bankable. Learn what tier 1 solar panels actually mean in this solar basics video based on the story. Bloomberg does not audit manufacturing facilities or product.

Only tier 1 solar panel manufacturers exist. Tier 1 in a nutshell. Although technically incorrect as only tier 1 solar panel manufacturers exist for the purpose of indexing on the internet the below lists have evolved to be known as the latest tier 1 solar panels list 2018. The terms tier 1 tier 2 and tier 3 are often heard with regard to solar panel manufacturers as a way of distinguishing the wheat from the chaff.

Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. Not to be confused this list named the latest tier 1 solar panels list 2019 is available online. Solar panel manufacturers that claim to be tier 1 include. The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since.

Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 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. The tier 1 ranking scale is orchestrated by bloomberg new energy finance corporation and is used to rank solar panel manufacturers in terms of their bank ability or financial stability. 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.

One may quite rightly make an assumption that a tier 1 ranking has more to do with financial stability rather than product quality and the answer is yes. Therefore the tier 1 list of solar panel manufacturers changes quarterly.