Solar Insure has launched SI-Industrial, a brand new guarantee resolution to guard industrial photo voltaic initiatives. The corporate has additionally expanded its permitted vendor checklist (AVL) to incorporate extra international inverter producers for the industrial market.
SI-Industrial is designed for industrial photo voltaic programs as much as 2 MWDC and delivers long-term safety aligned with the realities of business venture timelines, possession constructions and danger profiles. The guarantee gives 30 years of panel protection, 20 years of inverter protection and contains elements and labor for lined repairs, complementing the gaps left by commonplace producer warranties.
As a part of the launch, Photo voltaic Insure has expanded its AVL to incorporate the next producers for industrial programs: Chint Energy Techniques (CPS), Hoymiles, SMA, SolarEdge, Solis, APsystems and Enphase. These additions broaden gear flexibility for industrial installers whereas sustaining Photo voltaic Insure’s strict AVL qualification requirements centered on efficiency sturdiness, producer stability, and long-term serviceability.
Industrial photo voltaic initiatives introduce longer lifecycles, increased capital publicity, and elevated scrutiny from financiers, property house owners, and procurement groups. SI-Industrial was constructed to satisfy these expectations by shifting long-tail service and producer danger off installers’ steadiness sheets and onto a structured, insurance-backed framework.
“Industrial photo voltaic calls for a unique degree of accountability,” stated Ara Agopian, CEO of Photo voltaic Insure. “SI-Industrial was constructed to satisfy these realities by offering bankable safety that aligns with how industrial initiatives are offered and maintained. It reinforces venture bids, preserves margins, and provides each stakeholder confidence within the asset lengthy after commissioning.”
Each SI-Industrial guarantee contains producer default safety, backed by an AM Greatest A+ rated insurance coverage service, guaranteeing protection continuity within the occasion of producer insolvency.
For installers increasing into or scaling inside industrial photo voltaic, SI-Industrial gives a cloth benefit in aggressive environments. By bundling long-term gear and labor safety right into a single, transferable guarantee, installers can cut back future service publicity, simplify guarantee administration, and current a extra credible, finance-ready providing to industrial consumers.
“SI-Industrial isn’t about including one other line merchandise to your proposal,” stated Dean Chiaravallotti, Chief Income Officer at Photo voltaic Insure. “It’s about altering the chance dialog. Installers can lead with worth, asset house owners acquire long-term certainty, and initiatives grow to be simpler to finance and defend over a long time.”
Information merchandise from Photo voltaic Insure
