China Sunergy Company Ltd. is a specialized manufacturer of solar cell and module products in China. The company manufactures solar cells from silicon wafers, which utilize crystalline silicon solar cell technology to convert sunlight into electricity.
The company announced today that it has adopted PowerClip's extended warranty insurance solution for its solar module products from PowerGuard Insurance Services. This is a California-based company that specializes in the design and underwriting of unique insurance and risk management solutions for alternative energy companies.
The PowerClip extended warranty insurance solution provides certainty and security for China Sunergy's customers. It offers customers coverage on 10-year warranties for defects in materials and workmanship and a minimum power output warranty over 25 years for substantially all of China Sunergy's products sold worldwide. The warranty insurance terms are non-cancellable and will survive even if the insurance holder goes into bankruptcy.
The reliability and performance of the company's will now be essentially 'guaranteed' by this insurance solution. This should further China Sunergy's reputation and brand which will hopefully then transform into an expansion of the company's customer base.
For further information about China Sunergy, please visit its website at www.chinasunergy.com
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