Tier 1 Solar Panels 2020
By kelsey misbrener august 5 2020 solar basics is a video series by solar power world created to help installers learn about the business tools and tricks of the solar power trade.
Tier 1 solar panels 2020. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance. Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. Only tier 1 solar panel manufacturers exist. Notable absentees and manufacturer s with an outstanding quality reputation missing from q1 listed at the bottom of this post.
Tier 1 in a nutshell. My apologies if i missed anyone off this list. 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. See our article solar panel bankability and the tier 1 list.
Bloomberg does not audit manufacturing facilities or product. 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. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. It s confusing for many that some of the world s most renowned solar panel manufacturers aren t on the latest tier 1 solar panels list 2020 q1.
Therefore the tier 1 list of solar panel manufacturers changes quarterly. 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. Tier 1 is a term created by bloomberg with no criteria of quality in the selection process. The answer may come as a bit of a shock.
These companies combine durability and reliability with premium protection and fair prices making them the brands with the best solar panels available. Thomas edison may 22 2020 11 shopping for a solar panel by manufacture alone is quite like shopping for a car by the manufacturer alone. But what is a tier one panel and what are the criteria for a panel to qualify as tier one. Latest tier 1 solar panels list 2020 q1 q2 update.
Generally speaking sunpower lg and panasonic make the best solar panels in 2020 due to the high efficiencies competitive pricing and stellar 25 year warranty offered by each brand. Not to be confused this list named the latest tier 1 solar panels list 2019 is available online.