Munich Re Solar Warranty Insurance

Energy shortfall coverage enhances the credit worthiness of projects and supports more favorable financing terms from lenders resulting in the premium.

Munich re solar warranty insurance.

Munich re s pv warranty insurance is the established market standard. Munich re issues a warranty partner list with photovoltaic module manufacturers that meet the following criteria. Hsb recognizes the importance of providing customized insurance solutions to the expanding and diversifying energy industry. The warranty partner is entitled to register buyers of pv projects larger than 2 mwp for munich re s warranty insolvency protection.

Has bought insurance capacity for at least 100 mwp per year which is reinsured by munich re. Znshine pv tech a tier 1 chinese solar module manufacturer announced the signing of a pv warranty insurance reinsured by munich re one of the world s leading reinsurers the deputy general manager from willistowerswatson joined signing ceremony. Reliable pv warranty insurance a key feature of bankable pv modules the warranty risk of solar. Znshine s customers will therefore benefit from a greater.

Munich july 28 2011 munich re provides the first japanese solar panel warranty insurance to thin film manufacturer solar frontier for installations worldwide. Decisions taken by. Owners developers facility operators and investors are exposed to a broad spectrum of risks which include property equipment breakdown installation casualty marine cargo and special performance risks. The warranty partner has bought insurance capacity for at least 100 mwp per year which is reinsured by munich re.

The warranty risk of solar must be addressed early in the development phase of pv projects as it is not possible to buy warranty insurance later during the operational phase. Stion a leading u s based manufacturer of high efficiency thin film solar modules and provider of photovoltaic solar solutions announced today the addition of munich re solar panel warranty. In the event of the manufacturer s insolvency the policy is seamlessly transferred to the. Has passed the munich re annual due diligence process.

Enables you to take control of the warranty risk of solar and the letter acts as your seal of approval. Munich re provides first japanese photovoltaic manufacturer warranty insurance to solar frontier 2011 07 28. Insurance is seldom sexy but climate change campaigners will raise a glass to munich re if the industry emulates its policy to cap the financial risk related to battery warranties and helps lift.