Tier 1 Solar Panel Manufacturers List

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 solar panel manufacturers list.

The graph below from pvtech s article shows the annual r d expenditures per manufacturer in 2017. In the third quarter of 2017 canadian solar is the leading tier 1 solar cell manufacturer with an annual capacity of 6 970 mw. My apologies if i missed anyone off this list. Tier 1 solar panels august 2017.

In this 3 tier system the tier 1 list usually has around 35 companies. Tier 1 is a term created by bloomberg with no criteria of quality in the selection process. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. 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.

The list of tier 1 solar panels manufacturers is updated quarterly. Solar panel manufacturers that claim to be tier 1 include. However close observation of the past trend shows that usually the top 5 brands in the tier 1 panel list can be taken as rule of thumb for laymen to select a pv panel brand for their business or residential pv system. Are sunrun and tesla.

There were some major changes over the past few years including some new leaders in solar manufacturing who were. 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. The biggest solar installation companies in the u s.

They are one of the most popular brand in the australian market due to longevity and performance of their modules. Bloomberg does not audit manufacturing facilities or product. Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance.

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. Some companies with large investments in r d do not appear in the tier 1 list such as sunpower or hanergy due to their unique production of ibc solar panels and thin film technology. 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. Tier 1 in a nutshell.

Notable absentees and manufacturer s with an outstanding quality reputation missing from q1 listed at the bottom of this post.