Linuo Power has announced the launch of Solarsafe – an insurance agreement supplying customers with a 25-year irrevocable warranty and promise of transferable beneficiary. This warranty for solar modules has been supplied by AON-COFCO.
The company said that the warranty strengthens the stability and safety of the solar module manufacturer, while facilitating customers in terms of obtaining easy financing. Linuo added it creates “multi-win” opportunities for plant developers, operators, installers, terminal customers, banks and investors.
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Ben Lee, president of Linuo Power said: “It's very important to offer our customers safe products and sustainable service in the current situation. The solution not only maximizes the interest of our terminal customers, but also helps our customers finance quickly. Besides, it offers double-insurance and removes all the quality risk during the next 25 years for our customers throughout the world.
Companies like Senersun and SunPower upgraded their insurance policies while this summer Assurant launched an insurance offering for commercial solar project developments.