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.

Try Premium for just $1

Full premium access for the first month at only $1
Converts to an annual rate after 30 days unless cancelled
Cancel anytime during the trial period

Start $1 Trial

Premium Benefits

Expert industry analysis and interviews
Digital access to PV Tech Power journal
Exclusive event discounts

Or get the full Premium subscription right away

Get Premium Subscription

Or continue reading this article for free

Get Basic (FREE) Subscription

Oman signs 2.7GW hybrid renewables PPA with Naqaa Sustainable Energy

May 18, 2026

Naqaa Sustainable Energy has signed a power purchase agreement (PPA) for a 2.7GW hybrid renewable energy project in Mahout and Duqm, Oman.

Vietnam proposes 270MW new floating PV capacity

May 18, 2026

The Vietnamese state power utility Vietnam Energy Generation Corporation 1 (EVNGENCO1) has proposed the development of 270MW of floating solar PV capacity on three hydropower reservoirs.

RUMSL launches 50MW and 200MW solar-storage tenders

May 18, 2026

RUMSL has launched two solar-plus-storage projects in India designed to provide power supply during peak demand periods.

CIM Group launches US energy platform with 1.2GW solar PV, 690MW BESS

May 18, 2026

US real estate company CIM Group has launched an energy platform with a 2GW portfolio of solar PV and battery energy storage system (BESS) assets.

OX2 starts construction work at 135MW Muswellbrook solar-plus-storage project in Australia

May 18, 2026

OX2 has started construction work at its Muswellbrook project, which combines 135MW of solar capacity and 100MW of batteries.

European Energy starts building 225MW agriPV project, Italy’s ‘largest’

May 18, 2026

Danish IPP European Energy has started constructing a 225.5MW agrivoltaic solar PV project in Sicily, which it claims will be the “largest” such project in Italy.