What it means manufacturer of level 1 photovoltaic panels

If you have decided to invest in a kit of photovoltaic panels, you will want to choose an efficient product, which is built to resist more than 30 years. You will need resistant photovoltaic panels, for which you don't have to worry that they will fail or that you have no one to provide the guarantee for over 8-10 years. You need reliable and efficient photovoltaic panels, which will produce how much electricity, with minimal maintenance works.

While you studied the market, you may have been heard on manufacturers of level 1 photovoltaic panels (level 1) or level 2 (level 2). But what does this classification mean? What can it be useful for you?

Often the level 1 classification of photovoltaic producers is used incorrect, extending the classification on the quality of the photovoltaic panels they produce.

What did the level 1 solar panel manufacturer mean (level 1)?

Tier 1 is a classification system of Bloomberg New Energy Corporation (Bnef) photovoltaic producers of photovoltaic solar panels, which has created this evaluation at the level to communicate the degree of banking producers of photovoltaic solar panels.

The manufacturers of level 1 photovoltaic panels (level 1) are «those that have provided products for Six different projects of photovoltaic systems, with powers greater or equal to 1,5 megawati (MW), which were financed by Six different benches In The last two years. In addition, manufacturers must keep the panel production units and sell them under their own brand to be considered Tier 1.

The level classification system does not specifically designate how efficient and reliable the panels or which coverage has the guarantee. Level 1 classification is rather a measure of The manufacturer's financial capacitya banking indicator. It seems how trust has several banks in the projects made with the panels produced by the respective producer.

For more information on photovoltaic panels, we invite you to read the article that are the most effective photovoltaic panels

How relevant is the level 1 classification of photovoltaic producers?

However, this ranking is relevant for those who want to invest in a kit of photovoltaic panels. The intersection of the banks is to make a profit, they try to invest their money wisely, in reliable products, made by companies that will be resistant to the market for many years to honor the guarantees. All owners of photovoltaic systems want the same thing. Therefore, if a photovoltaic manufacturer is classified in level 1, it means that at least six different banks have considered that the panels produced by it are efficient and reliable and the manufacturer is financially stable to invest an important amount of money in photovoltaic systems produced by that producer.

If you choose a manufacturer of Tier 1 solar panels, this does not mean that those solar panels are necessarily the best panels. It means that there was a significant number of banks that trusted that manufacturer to finance large photovoltaic systems, with powers over 1.5 megawatts, made with the panels of that manufacturer. This means that the manufacturer classified Tier 1 has the ability to produce efficient and reliable photovoltaic panels, is able to provide long -term guarantee services and invests in research and development to always improve the panels produced.

Level 1 classified manufacturers in 2023

The list of level 1 manufacturers is continuously updated by Bloomberg New Energy Finance Corporation and in the first quarter of 2023 they were classified as level 1 manufacturers: the following companies: Longi Solar, Jinko Solar, Sun Tech, Solar, Canadian Solar, Risen Energy and Hanwa Q-Cells.

The largest manufacturer of photovoltaic panels, classified in level 1 in 2023, is a long -lived with a production capacity of 80,000 kW/year, followed by Jinko Solar with a production of 70,000 kW/year and Solar Trina with 60,000 MW/year. In the first 10 manufacturers of photovoltaic panels are even solar JA with 51,000 MW/year, Canadian solar with 31,400 MW/year, risen energy with 25,000 MW and top 10 with q cells with a production capacity of 12,400 MW/AN

Therefore, the financial stability and the class 1 classification of the manufacturer are important factors that it is necessary to consider when you decide to invest in a system of photovoltaic panels. Take all the factors and choose the best kit of photovoltaic panels for you.

You discovered what it means and what the producers of 1 photovoltaic panels are, now it's time to find out how to choose the best kits of photovoltaic panels or choose suitable photovoltaic kits.

If you have further questions about this article or if you want to discover more information on the products displayed on Zontecsolar.ro, we invite you to contact us here, on the phone 0374.477.207 or e-mail info@zonetecsolar.ro.