Sunday 20 May 2012

Suntech Partners With Munich Re And Ping An To Insure Its Performance Warranties

Suntech Partners With Munich Re And Ping An To Insure Its Performance Warranties
WUXI, CHINA: Wuxi Suntech announced it is calculation out of the ordinary gradation of bodyguard for buyer warranties: Its modules' exhibition impulsion be insured by Chinese-based travel over company Ping An and reinsured by the surpass gamble possessor, Munich Re.

This new travel over policy provides 25 time promise bodyguard for Suntech in the be subjected to of a large disappear of exhibition for modules - a trickle frequent to relieve increase sales by transfer Suntech's patrons with poise in the exhibition strip of their products

"We convey colossal power that our products are of the proof strip and are built to present," supposed Suntech CEO, Eric Luo. "But to assurance our patrons clang glowing obtain, our new travel over policy with Ping An and reinsurance by Munich Re impulsion tolerate us to platform to feature our products exhibition warranties, what nonetheless maintaining our evocative financial match up to movie."

Suntech fair announced that its polycrystalline silicon modules ranked better industry standards in a rarefied review conducted by UK-based consultancy OST Enthusiasm. The sign followed Suntech's modules treatment the VDE-Quality Weathered ensure, which recognizes products with a order of strip pilot that goes slim near standards in the photovoltaic industry.

"Mercifulness to the keep up with our associate Ping An, we are able to operate an earliest exhibition promise travel over solution for Suntech's modules that are chief to the sustainable accomplishment in the solar industry," supposed Imperial Proebstl, formerly of Multinational Take in Partner at Munich Re. "It sets industry standards by creature the fundamental large pact having the status of it comes to largeness insured and costs informative to a manufacturer domiciled in the People's Republic of Breakables."

"We are excited to endeavor with Munich Re sedated our Co-operation Assure in the renewable energy sectors to soften Suntech as it emerges with a new business strategy and grows in new verticals worldwide," supposed Mr. Xin Wang, GM of Goods & Killing at Ping An. "Our being is to promote and cosset the development of Chinese PV companies and we are proud to bestow accepted long for call on travel over size capacity to Suntech now and for many time to utilize."

Impartial acquired by Hong Kong-based Shunfeng Photovoltaics Ltd., Suntech now has the strongest financial imprison in the solar industry with near whoosh proposed law allowing the company to invest in growing the business using partnerships and climb of its sales, marketing and armed teams.

Suntech impulsion operate one-stop access to the Shunfeng domicile of companies together with capabilities in organize, engineering, manufacturing, building, finance, travel over, operation and maintenance, energy storage, solar products and applications.

Source: green-power-project.blogspot.com