Saatvik Solar has announced the cooperation with Munich RE for Mono Perc Half Cut MBB technology modules (530Wp+). This will cover Saatvik’s PV modules to high-performance standards for the power output warranty period. It lowers the warranty risk of solar means to increase bankability and sustainability for the PV module.
Saatvik is the first one in the category (530 Wp + modules) covering Third Party Insurance in India. With quality ranking high on the list of concerns in a market with strong demand and a countless number of suppliers, this arrangement represents a significant level of confidence in Saatvik solar modules, setting the enterprise apart in a rapidly growing market.
Mr. Prashant Mathur – Chief Executive Officer (CEO) – Saatvik Solar said “Our cooperation with Munich Re has no doubt been a step in the right direction for Saatvik, as we build a stronger relationship. Meanwhile, the backup by Munich Re will also assure customers about product quality and efficiency attenuation, thus providing better risk management and control tools for owners and investors with our customers through value-added on our products.”
