The official origin of the phrase “tier 1” solar panels comes from Bloomberg New Energy Finance. The group first developed the tiered system for PV modules to create a transparent differentiation among the many solar manufacturers, so financial institutions could easily determine which brands were “bankable.” BNEF tracks past solar projects (sized over 1.5 MW) approved by banks and the products used in those projects lend to what tier they fall into. If projects using XYZ modules have consistently been approved for financing, then Company XYZ will likely be a tier 1 supplier.
China Supplier Evaluation Report
D&B rating indicates the great Financial Strength and
Credit Ranking of ZNSHINE business as a whole.
SgurrEnergy has reviewed the ZXP6 modules manufactured by ZNShine according to our expected requirements for module bankability. Overall the TA has not identified significant flaws in the manufacturing process. Additionally the modules have obtained a reasonable level of certification and technical characteristics based on currently available information are acceptable.
In its sixth annual PV Module Reliability Scorecard Report 2020, released on May 2020, DNV GL, the world’s largest independent energy experts and certification body awarded Znshine Solar a “Top Performer” for module reliability.