Tier 1 Solar Panels Definition

Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar.

Tier 1 solar panels definition.

Tier 1 is the sign of financial stability or bankability of a solar panel manufacturer but is not the sign of quality. 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. 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. Tier 1 solar panels are the best and tier 3 the worst although alarmingly some industry analysts now go lower than tier 3.

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. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. 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. 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.

A new year and another 4 quarters of fluctuating manufacturers depending on who chooses to pay to be on the latest tier 1 solar panels list 2019 or not. A reinforcement that the latest tier 1 solar panels list 2019 shouldn t be used as a quality guideline when selecting the ideal solar panel for your home or project. In actual fact there is no such thing as a tier 1 solar module only tier 1 module manufacturers. Consider this your most up to date online alternative to other popular tier 1 solar panel lists available for your research requirements.

And while tier 1 is a great place to start when choosing your solar panel brands the truth is not all tier 1 panels are created equal. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance. For obvious reasons the ranking of a pv manufacturer is a matter of great pride and highly valued. My apologies if i missed anyone off this list.

Mis leading sales of tier 1 solar panels many clients come to us and ask for a tier 1 panel often under the misunderstanding that a tier 1 panel will be a top quality product worth buying. There s a widely believed myth that when it comes to choosing the right solar panels tier 1 means good quality.