Tier 2 Solar Panel Manufacturers

Tier 1 solar panel manufacturer characteristics.

Tier 2 solar panel manufacturers.

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 and tier 3 manufacturers are all those that don t meet one or more of these criteria. Bloomberg does not gather a list of tier 2 and tier 3 companies. Uses the best grade of silicon to produce solar cells higher the silicon grade the longer the solar cell will last and the better it will perform produces some of the best performing solar panels at reasonable price.

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. Typically tier 1 solar panels are 10 30 more expensive than tier 2 and tier 3 solar panels. My apologies if i. Manufacturers that pike ranked as tier 2 are the middle ground between tier 1 and tier 3 comprising about 8 of the market.

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. 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. However companies that are considered tier 2 are ones that are smaller and newer and have less money to invest in research and development.

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.