Munich Re to cover Astronergy’s modules

May 28, 2010
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Astronergy, also known as Chint Solar, has selected Munich Re, a reinsurance company, to cover its crystalline siliconPV modules for the 25-year warranty on its solar panels.

The agreement will see Munich guarantee a rated power output of over 90% for the first 10 years and a rated output of over 80% for the remaining 15 years. Any additional efficiency losses qualify for compensation.

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