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

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

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

July 25, 2025
A round-up of news from the Indian solar sector this week, including Reliance Industries' cell plant, Juniper Green Energy powering solar PV and Solex Energy launching new modules.
Premium
July 25, 2025
At the SNEC expo, Carrie Xiao took the temperature of the industry as it seeks a way out of cutthroat competition and squeezed margins.
Premium
July 25, 2025
Prices of products across various segments of China's PV industry chain—polysilicon, wafers, cells, modules—have begun to rise recently.
July 25, 2025
According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.
July 24, 2025
Spanish independent power producer (IPP) Sonnedix has raised €2 billion (US$2.35 billion) through two refinancing transactions in Europe.
July 24, 2025
China has installed 14.36GW of solar PV in June 2025, down 85% from the previous month and also decreasing 38% from the same period in 2024.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK