Tier One 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.

Tier one solar panels.

It s not a direct measure of quality as the financial health of the company is a major consideration but it s not possible to become tier one while producing crap panels so. Generally speaking tier 1 solar panel manufacturers are defined as those that. 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. 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.

Consider this your most up to date online alternative to other popular tier 1 solar panel lists available for your research requirements. 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. 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 a term created by bloomberg with no criteria of quality in the selection process.

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. What are tier 1 solar panels. Therefore the tier 1 list of solar panel manufacturers changes quarterly. 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.

Learn what tier 1 solar panels actually mean in this solar basics video based on the story. 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. The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since.

Not to be confused this list named the latest tier 1 solar panels list 2019 is available online. Tier one solar panels leapton solar panels are tier one which means large financial organizations consider them reliable enough to bankroll solar farms that use them. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance. Only tier 1 solar panel manufacturers exist.

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.