Wuxi Suntech continues 25-year module performance warranty cover through Munich Re & Ping An

Facebook
Twitter
LinkedIn
Reddit
Email
In the past five years, Suntech's PV modules have received over RMB 3.7 billion (US$545 million) of underwriting services, globally through Ping An and Munich Re. Image: Wuxi Suntech

China-based integrated PV module manufacturer Wuxi Suntech Power Co has recently renewed its 25-year module performance warranty cover with Munich Re Group and Ping An Insurance, the fifth consecutive year, Suntech has cooperated with the both insurance companies, since 2014.

Munich Re and Ping An provide companies with reliable credit support of product quality and energy efficiency loss compensation in the form of ‘Photovoltaic Module Energy Efficiency Compensation Liability Insurance’, which transfers the risk and satisfies the demand for financing from customers.

This article requires Premium SubscriptionBasic (FREE) Subscription

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

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

Or continue reading this article for free

In the past five years, Suntech's PV modules have received over RMB 3.7 billion (US$545 million) of underwriting services, globally through Ping An and Munich Re, according to Suntech.

Suntech noted that it had signed module supply agreements with several international renewable energy companies in 2018, including, Bester, Voltalia and Enerray, amongst others that are building projects in countries such as France, Germany, Italy, Mexico, Egypt and India.

The module manufacturer also participated in the annual ‘PV Module Reliability Scorecard’ testing, done by DNV GL. Suntech had previously noted that reliability tests covered by the scorecard included triple IEC thermal cycle, humidity thermal, UV illuminant test, dynamic mechanical load, PID attenuation and hot spot test. After the 18-month rough PQP tests, Suntech's modules were said to have done well in reliability and product performance.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

Premium
October 6, 2025
Talon PV aims to be the first US company to safely manufacture TOPCon cells at scale, backed by European technology and a crucial First Solar licensing deal.
October 6, 2025
Indian infrastructure company focused on rooftop and ground-based solar power installations, PVV Infra has secured solar power orders worth INR7.9 billion (US$90 million) through two of its subsidiaries. 
October 6, 2025
US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.
October 6, 2025
Indian solar developer ACME Group has established a new subsidiary to manage its renewable equipment manufacturing business, under which it is planning to scale production of TOPCon PV modules.
October 6, 2025
Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.
October 6, 2025
German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland