Are you tire 1？It is not simple YES or NO. We really suggest you take a few minutes to have a further look at：
what Tire 1 manufacturer is?
Is Tire 1 manufacture really suitable to your business mode and selling Tire 1 panels is profitable or not?
What is The Tire 1 manufacture?
Tier 1 manufacturers are usually the companies in the quarterly Bloomberg New Energy Finance (BNEF) PV Market Outlook sorted according to their annual module production capacity in MW/year. The exact definition from BNEF is following:
Tier 1 module manufacturers are those which have provided own-brand, own-manufacture products to six different projects, which have been financed non-recourse by six different (non-development) banks, in the past two years.”
So the list of Tier 1 PV manufacturers published by BNEF provides a clear outlook at the manufacturer’s bankability.
However, to choose a manufacturer wisely, it should include multiple considerations such as technology, production capability, R&D, strategy, history, pricing, service, and support.
Here is what BNEF state:
Get down to the individual business decision, is the offer bridges your needs and the products able to achieve your desired result and performance.
Is Tire 1 manufacture really suitable to your business mode and selling Tire 1 panels is profitable or not?
Looking back the history of PV industry, its true that tire 1 manufactures have dominated the market and highest efficiency, with state-of-art technology. But those brands also have the highest prices.
With recent technological developments, We and many other brands are catching up. We're pride that all our solar panels are capable to compete with those tire 1 manufacturer in efficiency/ technology, quality department, while keeping our prices lower.
So don’t ask us if you are Tire 1? Ask yourself if you’re willing to paying the highest price for Tire 1 just because they are more” bankable”.
If you can get better price and quality products from those non-tire 1 and make a difference on your costing why not have a try?
