Does BNEF have a Tier 1 list?

The list of tier 1 manufacturers is available to BNEF’s subscribers quarterly. Note that a tier 1 listing is not a recommendation for the company or its products. A company may be removed from the tier 1 list in any quarter, so only the list for the most recent quarter is valid.

What is Tier 1 energy storage?

From 1Q 2025, the criterion for an energy storage brand to be listed as tier 1 is that it must have supplied, or be firmly contracted to supply, products to six different eligible projects in the last two years. To be eligible, each project: must be larger than 10MW or 10MWh (whichever is higher).

What are the tiering criteria for energy storage?

From 1Q 2025, an energy storage brand to be listed as tier 1 must have supplied products to at least three different third-party buyers in the last two years. We may change these criteria further. In addition, the tiering team reserves the right to reject projects which are demonstration, not fully commercial.

What makes a Tier 1 battery manufacturer?

On the other hand, one of the characteristics of a tier 1 manufacturer is transparency and good data availability. Manufacturers can help us tier them accurately by sending us (at [email protected]) data on the projects they have provided systems for, and the financing used to support these projects.

What is a Bess system?

SolaX’s BESS solutions are designed to address the growing global demand for more resilient, reliable, and eco-friendly energy storage systems, which in the long term, helps play a crucial role in reducing reliance on fossil fuels and promotes a sustainable future.

Which tier-1 manufacturers faced fierce competition?

Tier-1 manufacturers faced intense competition. CATL (including Ampace) held a market share of 26.3%. Market shares of the second to the fifth range fell by 12-17%, indicating increasingly fierce rivalry.