Tier 1 Solar Panels in Pakistan, March 2025

Tier 1 does not mean the quality of solar panels is excellent. Small solar panel companies manufacture good-quality solar panels but do not meet Tier 1 solar panels criteria. Each year, Bloomberg publishes a list of Tier 1 companies. If solar companies pass strict financial criteria, status is achieved. This does not mean solar panel manufacturers will remain on the list for a year.
Bloomberg New Energy Finance Corp. (BNEF) is a branch of financial analytics that creates the Tier 1 rating for solar panel providers. These ratings do not depend upon the quality and performance of solar panels. BNEF created the list of Tier 1 solar by evaluating financial security.

Tier 1 shows the long-term warranties of solar panels for that actual purpose. So, it is clear that it is not about solar panels; it’s about the financial position of solar manufacturing companies. Here is a link to the Bloomberg report on how to achieve this status.

Tier 1 Solar Panels manufacturers

BNEF’s report publishes the list of solar panel manufacturers. These solar panel manufacturers manufacture their solar panels rather than outsourcing. These solar panels have all the components.

Manufacturers use high-grade materials like silicon and automated manufacturing processes, which will provide high-quality solar panels. A facility for research and development should be established to qualify for this status.
When you go to the market to purchase solar panels, you should consider the following points:

Here is a list of the top 10 solar panels in Pakistan.

Tier 1 Solar Panel List

Features of Tier 1 Solar Panels Brands

Pros and Cons of Tier 1 Solar Panels

Here, we will share the pros and cons of solar panels.

Pros

Long-Term Production

Solar panels have been produced on a large scale for a long time. Due to this longevity, these companies are less vulnerable to market downturns.

Equipment Quality

Assessment criteria need to be established to determine the quality of solar panels in the Tier 1 list because it is related to financial stability. According to Briggs and Stratton, companies that produce solar panels on a large scale have experience building high-quality solar panels. Companies with financial stability produce solar panels with long-term warranties. In this way, we can say that solar panels with more than 20 years of warranties have high quality and performance.

Cons

Expensive

With long-term warranties, solar panels are more expensive than others. If we compare the warranty and quality, this price is small in the long term.

Bulletproof

These ratings show that companies are financially stable, but it is not bulletproof that every company on that list is economically stable. For example, SunPower went bankrupt on the list in August 2024.

Solar Sathi has updated the rates of solar panels for customers.

Conclusion

Customers should not believe the myth that only Tier 1 solar companies are the best in the market. Only these solar panels have high quality. It is the criteria set by BNEF for the investors. Investors who want to invest in solar companies in the long term should check Bloomberg’s monthly report.
With this financial stability and long-term warranties, solar companies built trust for customers. Therefore, Pakistanis prefer these solar panels for long-term efficiency and performance.

Frequently Asked Questions