Astronergy, Munich Re Enter Module Insurance Agreement

Astronergy (Chint Solar) says it has signed an agreement with Munich Re, a reinsurance company, to cover all crystalline PV modules sold by Astronergy as of Jan. 1, 2011. The agreement will back up the performance warranties provided by Astronergy against excessive power loss within the next 25 years.

This announcement follows prior collaboration in 2010. The new contract covers the entire 2011 and 2012 production volume of Astronergy Solar, according to the companies.


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