Tier 1 Solar Panel Manufacturers
Since our last article on the tier 1 panels back in 2017 there are major ranking changes in the top 5 positions as q1 2019.
Tier 1 solar panel manufacturers. 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. 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. Are sunrun and tesla. Only tier 1 solar panel manufacturers exist.
Latest tier 1 solar panels list 2019 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. Therefore the tier 1 list of solar panel manufacturers changes quarterly. 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.
The biggest solar installation companies in the u s. The top 3 solar manufacturers. 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 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 1 is a term created by bloomberg with no criteria of quality in the selection process. Canadian solar was pushed into second position with 8700 mw year of amc. What are tier 1 solar panels. The tiered solar panel classification was first developed to show banks which panel manufacturers were legitimate and trustworthy but it s evolved since.
With an annual module capacity amc of 10 000 mw jinko solar is at the first position. Bloomberg does not audit manufacturing facilities or product. 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. There were some major changes over the past few years including some new leaders in solar manufacturing who were.
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. Currently the top 3 solar manufacturers in the world are jinkosolar ja solar and trina solar respectively determined by market share among panel manufacturing companies. Notable absentees and manufacturer s with an outstanding quality reputation missing from q1 listed at the bottom of this post. 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.