Premium Tier 1 Solar Panels

Finding the best solar panels for your home can feel like a daunting challenge.

Premium tier 1 solar panels. 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. Just because you re getting panels from a tier 1 manufacturer doesn t mean that you re not getting old or relatively low quality product. There s a widely believed myth that when it comes to choosing the right solar panels tier 1 means good quality. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance.

The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since. 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. My apologies if i missed anyone off this list. 6 minutes last updated on july 12 2020.

In this article we ll discuss how solar panel manufacturers stack up to one another and who makes the best solar panels. 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. Solar panel manufacturers that claim to be tier 1 include. Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar.

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. What are 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. There are more than a hundred different brands of solar panels and other solar equipment on the market at any given point.

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 bnef tracks past solar. 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. Tier rankings are about panel manufacturers not the panels themselves panel manufacturers may offer a wide range of panels ranging in quality from premium to budget. 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.