PowerGuard Specialty Insurance Services advised that Lightway Green New Energy has adopted the company’s PowerClip extended warranty protection. The insurance, developed and underwritten by PowerGuard, offers back-to-back coverage for a 10-year materials and workmanship warranty. Furthermore, it includes a linear power performance guarantee over a 25-year period for panels sold by Lightway and covered by the warranty.
“Lightway recognizes that one of the key components for successfully generating and developing market share in the US is the ability to offer a bankable product,” said William Sien, Lightway's US director of sales. “We feel that our investment in the PowerGuard warranty solution is a testament to Lightway's long-term commitment to our customers and exhibits our dedication to creating lasting relationships that are built on the principles that ensure the security of our quality.”