Tier One Solar Panels

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.

Tier one solar panels. 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. The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since. 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 answer may come as a bit of a shock. 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. Bnef does not publish tier 2 or tier 3 lists so any sub tiered lists out there are just made up marketing terms. Tier 1 solar panels are panels which are produced from tier 1 solar panel manufacturers that comply with a specific set of criteria.

Solar panel manufacturers that claim to be tier 1 include. 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. Tier 1 doesn t mean the panels are the best performing modules on the market. Everything else is marketing spin.

In this 3 tier system the tier 1 list usually has around 35 companies. It s also important to note that bnef s tiered system ranks manufacturers and not specific panel lines. Learn what tier 1 solar panels actually mean in this solar basics video based on the story. 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.

Tier 1 installers invest heavily in research development r d and continually innovate in order to improve their. 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. 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. 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.