Featured in The energy access issue – 07-2020

Solar’s warranty risk

The warranty risk of solar must be addressed early in the development phase of PV projects, as it is not possible to buy warranty insurance later during the operational phase. Decisions taken by developers at this stage will remain important for the next 25 years. The good news is that an industry standard exists, and it can be easily and cost-effectively applied to most PV projects, writes Ronald Sastrawan from Munich Re.

By

pv magazine

13 Jul 2020

Source: Munich Re

Solar PV project developers must address many risks and find solutions to various problems. During the development phase, a developer will be heavily engaged in obtaining financing, the correct PPA, EPC and O&M contracts, required permits, land leases, and so on. Given this, “warranty-related risks” for PV modules are probably not at the top a …

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