Munich Re to Provide Warranty Backing for SolFocus CPV Panels
MUNICH & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Munich Re introduced the first insurance solution to provide an effective performance warranty for solar panels in the United States through a new plan that covers concentrator photovoltaic (CPV) systems manufactured by SolFocus. Munich Re, SolFocus and broker Woodruff-Sawyer & Co collaborated on this first coverage of its kind for CPV technology systems. With a view to climate change, Munich Re has devised a number of coverages that reduce the risks in renewable energy for investors and thus make such investments possible....MORE
