Is JinkoSolar a Tier 1 energy storage supplier?

JinkoSolar, the global leading PV and ESS supplier, has once again been recognised by Bloomberg New Energy Finance (BloombergNEF) as a Tier 1 manufacturer. The company made it to the latest ‘BNEF Energy Storage Tier 1 List 3Q 2024’ for its exceptional performance in the energy storage field.

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 is bloombergnef tiering system?

BloombergNEF has developed a tiering system for stationary energy storage products. Based on deployment over the last two years, this system is designed to create a transparent differentiation between the hundreds of manufacturers on the market. This document explains the tiering criteria, as well as the methodology’s limitations. 1.

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.

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 the BNEF capacity threshold?

In particular, BNEF counts the number of projects above 10 megawatt or 10 megawatt-hours to which a supplier has provided batteries and/or energy storage systems in the last two years. This capacity threshold applies from 1Q 2025, previous issues used 1MW or 1MWh as the threshold.