Wuxi, October 3, 2023.- Sunova Solar is proud to announce the final certification of photovoltaic warranty insurance with Munich Re Green Tech Solutions, the leading PV Warranty Insurance provider.
In a signing ceremony at the company’s global Sunova headquarters on September 26th, William Sheng, CEO of Sunova Solar, joined Kollsman Chan, regional head of business development of Munich Re Green Tech Solutions, to formalize the agreement.
“This certification is one more validation of Sunova Solar as a Tier One manufacturer and a reliable partner,” said Mr. Sheng. “We are proud to ensure this additional security for our customers as they tackle the world’s greatest risk: climate change.”
The backing of Munich Re provides project owners and developers the assurance of long-term bankability of Sunova Solar’s photovoltaic modules for 25-30 years. PV reinsurance is vital for ensuring the bankability and reliability of large-scale solar projects.
The PV reinsurance certification process involved technical due diligence and multiple factory site visits by Munich Re to validate the quality and performance of Sunova Solar products. Sunova Solar’s quality control program includes three dimensions: system management, personnel training, and documentation to ensure the quality of our products.
Read the full story at Sunova Solar’s website: https://www.sunova-solar.com/news/corporate-news/sunova-solar-completes-final-certification-with-munich-re.html
About Sunova Solar
Sunova Solar, founded in 2016, is an integrated system solution provider focusing on the R&D and manufacturing of globally distributed solar products and the development of PV plants. Currently, Sunova Solar operates three manufacturing factories in China and Vietnam, with integrated 4.2 GW capacity of solar modules and has further 11 GW of production capacity under construction, expected to become operational by the end of 2023. Sunova Solar has set up its own branches or offices in Germany, Brazil, Poland, Netherlands, Spain, Italy, France, Mexico, Vietnam and other countries. In addition, it has more than 100 industry-leading partners in more than 20 countries and regions around the world. As of June 2023, Sunova Solar has shipped more than 3.5GW of cumulative modules worldwide. In addition to modules, Sunova Solar is providing PV storage solutions for residential, small and medium sized commercial applications.
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