SolarInsure Introduces New Performance Guarantee Insurance for Solar PPA Providers and EPC Contractors
By
Communications Department
|
April 21, 2011
COSTA MESA, CA Renewable energy insurance broker SolarInsure, has launched a new insurance solution providing performance guarantees nationwide. Currently most photovoltaic manufacturers and developers are facing growing challenges in obtaining proper funding for their projects. The performance guarantee, offered by SolarInsure better positions solar energy companies to receive necessary financing. Most finance companies are now making the performance guarantee a requirement to be even considered for financing. The guarantee provides finance companies added protection against potential losses. The guarantee will also provide energy companies with a competitive edge by adding a new marketing advantage through offering clients an output warranty backed by an A+ rated carrier. Production guarantees will be issued through a market leading insurance company, and will allow high-quality energy companies to provide competitive output guarantees and deploy capital that would otherwise be tied up in reserves. This product is available for various segments including: manufacturers, distributors or suppliers of solar panels, solar integrators, PPA providers, utilities or other energy-efficiency solutions. SolarInsure’s performance guarantee product is offered direct. Contact Ara Agopian, Director of Alternative Energy Solutions, 714-625-8204 or visit www.solarinsure.com. About SolarInsure SolarInsure is a leading provider of specialty risk management solutions, including insurance and reinsurance, to the solar energyindustry. SolarInsure’s competitive strengths include the ability to attract quality value-oriented clients and the development ofproprietary loss prevention, claims management and risk selection techniques. SolarInsure is licensed to do business in all 50 states. The information on this page was created and posted by the company identified above. RenewableEnergyWorld.com does not endorse, edit, or substantiate this information and assumes no obligation for this content's accuracy. |
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