Tier 1 Solar Panels Definition

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. Consider this your most up to date online alternative to other popular tier 1 solar panel lists available for your research requirements. Tier 1 solar panels are the best and tier 3 the worst although alarmingly some industry analysts now go lower than tier 3.

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What Is A Tier 1 Solar Panel

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My apologies if i missed anyone off this list.

Tier 1 solar panels definition.

Therefore it is not a suitable idea to make your decision to tile your rooftop only based on finding these tier 1 solar panels. In actual fact there is no such thing as a tier 1 solar module only tier 1 module manufacturers. 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 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 is the sign of financial stability or bankability of a solar panel manufacturer but is not the sign of quality. For obvious reasons the ranking of a pv manufacturer is a matter of great pride and highly valued. Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar.

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. 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. 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. 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 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. 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. 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. Solar panel manufacturers that claim to be tier 1 include.

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