Tier 1 Solar Panels
Solar Panel Installation Experts Central Coast, Newcastle and Hunter Valley
But what does it mean to be classified as Tier 1? In reality, Tier 1 is mainly a ranking scale that has been developed by Bloomberg New Energy Finance to evaluate the bankability and overall financial stability of manufacturers.
This means that a Tier 1 ranking is more an indication of the viability of a company, and how their stability will ensure they last for years to come. Banks usually provide loans to companies that are going to have a good ROI, and would be around for a very long time. Basically, they are ranked according to their ability to handle business, as well as the technologies that they are going to offer to the industry.