Munich Re is reinsuring performance guarantees that Chinese photovoltaic manufacturer Yingli Green Energy gives to its customers for multi-crystalline modules.
Munich Re introduced the first insurance solution to provide an effective performance warranty that covers concentrator photovoltaic (CPV) systems manufactured by SolFocus.
The new coverage concept reduces the manufacturer‘s capital needs while ensuring their business continuity.
Munich Re today invests a large proportion of its funds on the basis of sustainability criteria.
Munich Re offers innovative insurance solutions that allow to exploit the market’s economic potential of solar thermal power plants.
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