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.

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. It started as a rating system to measure the credit worthiness of solar panel brands for the banking and other financial institutions. 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.

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 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. Not to be confused this list named the latest tier 1 solar panels list 2019 is available online. 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.

Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. Therefore the tier 1 list of solar panel manufacturers changes quarterly. Consider this your most up to date online alternative to other popular tier 1 solar panel lists available for your research requirements. Solar panel manufacturers that claim to be tier 1 include.

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. Tier 1 in a nutshell. Bloomberg does not audit manufacturing facilities or product.

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. 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. Bloomberg new energy finance bnef tracks the bankability of solar panel manufacturers through their tier 1 panel lists. Only tier 1 solar panel manufacturers exist.

Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance.