Tier 1 Solar Panels in Pakistan

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 criteria. If solar companies pass strict financial criteria, Tier 1 status is achievable. Each year, Bloomberg publishes a list of Tier 1 solar panels. 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. Tier 1 ratings do not depend upon the quality and performance of solar panels. BNEF created the list of Tier 1 solar panels by evaluating financial security.

Tier 1 shows the long-term warranties of solar panels for that actual purpose. So, it is clear that Tier 1 is not about solar panels; it’s about the financial position of solar manufacturing companies.

Tier 1 Solar Panels

Tier 1 Solar Panels manufacturers

BNEF’s report publishes the list of Tier 1 solar panel manufacturers. Tier 1 solar panel manufacturers companies manufacture their solar panels rather than outsourcing. Tier 1 solar panels have all the components

  • Silicon
  • Frames
  •  Electronics

Tier 1 manufacturers must use high-grade materials like silicon and automated manufacturing processes, which will provide high-quality Tier 1 solar panels. A facility for research and development should be established to qualify for Tier 1 status.
When you go to the market to purchase Tier 1 solar panels, you should consider the following points:

  •  Warranty of solar panels should be 25 years
  • High-quality materials like silicone, etc.
  •  High-rated company that provides solar panels
  • Highly performance and efficiency

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

Tier 1 Solar Panels in Pakistan

Here is the list of Tier 1 Solar Panels in Pakistan

Sr NoTier 1 Solar PanelsPrice per Watt
1Longi Solar31 PKR
2Jinko Solar panels31 PKR
3Canadian Solar Panels31 PKR
4Trina N-Type30 PKR
5JA Tier one26 PKR
6Sogo Panel Price25 PKR

Longi Solar panels

When we talk about Tier 1 solar panels, the first name that comes to mind is Longi Solar due to its quality and efficiency. Models LR6-60PE-350M and LR6-72PE-350M have the highest efficiency at 25%.

Jinko Solar Panels

Jinko solar panels are made of high-quality materials, which protect them from harsh weather conditions. With this material, Jinko solar panels produce 22.5% efficiency, which is highly impressive in the Tier 1 solar panel category.

Canadian Solar Panels

Canadian solar panels are efficient and durable at affordable prices. However, most Canadian solar panels are less efficient than other top Tier 1 solar panels. But still, these solar panels perform very well.

Trina Solar Panels (Tier 1)

Trina Solar Panels are also on the Tier One list due to their high quality, affordable prices, and higher efficiency rates. Trina Solar maintains high quality in Pakistan despite low prices, so it is listed as a Tier 1 solar panel.

JA Solar Panels

With an efficiency of 22%, JA solar panels are in the Tier 1 solar panel list. They perform very well and are one of Pakistan’s leading brands. They are used for commercial and domestic purposes in Pakistan.

Features of Tier 1 Solar Panels Brands

  •  Production of Solar Panels for 5 years and more
  • Fully Automated Production
  • reputation for quality and service
  • Strong financial position
  • Publicly listed on the stock exchange

In this article, you can see the authenticity of Jinko Solar Panels.

Pros and Cons of Tier 1 Solar Panels

Here, we will share the pros and cons of Tier 1 solar panels.

Pros

Long-Term Production

Tier 1 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 Tier 1 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 Tier solar panels with more than 20 years of warranties have high quality and performance.

Cons

Expensive

With long-term warranties, Tier 1 solar panels are more expensive than others. If we compare the warranty and quality, this price is small in the long term.

Bulletproof

Tier 1 ratings show that companies are financially stable, but it is not bulletproof that every company on the Tier 1 list is economically stable. For example, Sun Power went bankrupt on the Tier 1 list in August 2024.

Solar Sathi has updated the rates for Tier One 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. Tier 1 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, tier solar companies built trust for customers. Therefore, Pakistanis prefer tier-1 solar panels for long-term efficiency and performance.

Frequently Asked Questions

A Bloomberg (BNEF) analyst created the list of Tier 1 solar panels. According to BNEF, companies with Tier 1 solar panels are financially stable and provide long-term warranties and quality.

Bloomberg doesn’t assess equipment quality as part of its Tier 1 criteria; this classification doesn’t provide insight into how long solar panels will last. That said, since Tier 1 is a good indication of a company’s financial stability, it’s logical to assume that a company that is on the Tier 1 list is more likely to be around to honor its solar panel warranty.

Tier Solar Panels have a warranty of 25 years with efficiency of 82% to 92%.

The company’s financial condition is the significant difference between tier 1 and 2. Tier 2 companies are less financially stable than Tier 1.

Sogo 550 Solar Panel Price in Pakistan is 25 rupees per watt.
The total Price per panel is 13750.