Reinsurance Services For Heterojunction Solar Modules

Chinese Solar Module Producer To Offer Reinsurance Service For Its HJT Solar Panels Through Ping An Property & Ariel Re

Reinsurance Services For Heterojunction Solar Modules

Huasun’s HJT modules have secured reinsurance service through strategic agreements with Ping An Property and Casualty Insurance and Ariel Re Lloyd. (Photo Credit: Huasun)

  • Huasun says it has become the 1st HJT solar module maker to be underwritten by reinsurance firm
  • Its HJT modules will now come with a reinsurance service to the long-term product quality and performance attenuation
  • This is made possible under a strategic cooperation Huasun has signed with China’s Ping An Property and Casualty Insurance of China and Ariel Re Lloyd of London

Heterojunction (HJT) solar module producer from China Huasun said it has become the 1st HJT module manufacturer to be underwritten by a reinsurance company after announcing a strategic cooperation with insurance and reinsurance institutions Ping An Property and Casualty Insurance of China and Ariel Re Lloyd of London.

Huasun said these 2 institutions will provide reinsurance service to the long-term product quality and performance attenuation of its HJT modules. The Chinese manufacturer offers 15-year product and 30-year linear performance warranty for tis modules (see Huasun’s G12 Heterojunction Solar Module Now 715W Strong).

In a brief announcement, General Manager of Huasun Sales Center, Matthew Jin explained the significance of this move by saying, “It means not only a double protection from the world famous insurance and reinsurance companies to underwrite an insurance on the PV module’s long-term quality and performance, but also further enhances the market’s confidence to Huasun’s products.”

He added that this deal will help the company expand its overseas business and make it a stable one.

The R&D Director of Solar Cells at Huasun, Su Zhou discussed mass production and future trends of solar cells during TaiyangNews High Efficiency Solar Technologies Conference in November 2022. The conference summary for all 3 days and presentation by Su Zhou and other presenters can be accessed on our website for free.

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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