Upsolar Named PowerWrap Product Provider

Upsolar, a provider of solar PV modules, says its products have been accepted into the newly formed PowerWrap Systems Performance Guarantee Program from PowerGuard Specialty Insurance Services.

As one of the firm's first pre-approved providers, Upsolar now enables developers using its modules to receive discounted rates on the PowerWrap Systems Performance Guarantee.

The PowerWrap insurance policy guarantees the output of a solar project. Developers of projects in North America and select projects in Europe using Upsolar modules will receive rate and pricing credits in the process of underwriting the PowerWrap coverage and determining the cost of coverage, Upsolar says.

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