Buying a tier 2 or tier 3 solar panel is typically less expensive but it also can be risky if the manufacturer uses a lower quality silicon.
Tier 2 solar panel manufacturers.
Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels.
Bloomberg does not gather a list of tier 2 and tier 3 companies.
However companies that are considered tier 2 are ones that are smaller and newer and have less money to invest in research and development.
Generally speaking sunpower lg and panasonic are the best solar panel manufacturers on the market mainly because of high efficiencies 25 year warranty and competitive pricing.
Manufacturers that pike ranked as tier 2 are the middle ground between tier 1 and tier 3 comprising about 8 of the market.
Solar panel manufacturers that claim to be tier 1 include.
My apologies if i.
Tier 2 and tier 3 manufacturers are all those that don t meet one or more of these criteria.
Sunpower solarworld panasonic lg trina jinko rene solar and canadian solar.
Notable absentees and manufacturer s with an outstanding quality reputation missing from q1 listed at the bottom of this post.
Tier 1 solar panel manufacturer characteristics.
Although they have been producing panels for longer than tier 3 manufacturers 2 5 years they still invest relatively little money in r d compared to tier 3 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.