Bloomberg Tier 1 Solar Panel Manufacturers

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.

Bloomberg tier 1 solar panel manufacturers.

The different brands in this list are marked by bnef as bankable meaning they have their own products factories and their products were used on megawatt size projects. Examples of quality issues or bankruptcy of tier 1 manufacturers. Tier 1 manufacturers are usually the companies in the quarterly bloomberg new energy finance bnef pv market outlook sorted according to their annual module production capacity in mw year. Not to be confused this list named the latest tier 1 solar panels list 2019 is available online.

Tier 2 and 3 we do not publish a tier 2 or 3 list. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance. Solar panels stand at the ivanpah solar electric generating system in the mojave desert near primm nevada u s on monday march 10 2014. Not to be confused this alternative list named the latest tier 1 solar panels list 2018 is however and available online.

The bloomberg new energy finance ranking system has become the industry standard in classifying solar panel manufacturers this classification is based on bankability and various other factors there is a widespread debate among retailers and enthusiasts on whether the tier system correlates to the performance and reliability of a pv module. Tier 1 is a term created by bloomberg with no criteria of quality in the selection process. Bloomberg does not audit manufacturing facilities or product. Dispel the myth that the latest tier 1 solar panels list 2018 should be used as a quality guideline.

Bloomberg new energy finance bnef tracks the bankability of solar panel manufacturers through their tier 1 panel lists. It started as a rating system to measure the credit worthiness of solar panel brands for the banking and other financial institutions. Only tier 1 solar panel manufacturers exist. The 392 megawatt california ivanpah plant developed by.

The infamous bloomberg tier 1 solar panels list 2018 is not published by bloomberg new energy finance online. Notable absentees and manufacturer s with an outstanding quality reputation missing from q1 listed at the bottom of this post. 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.