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CW Enerji Solar Panels entrusted to Munich RE

IT IS STRONGLY ANNOUNCED TO THE PUBLIC!

In our country, insurance companies issue 12-month insurance policies for solar power plants to cover the material damages that will be incurred directly as a result of the realisation of risks arising from natural disasters such as theft, fire and storms. In these policies, a sufficient and continuous loss of performance guarantee cannot be provided. Therefore, after the loss of efficiency in the insured power plant, these limits are insufficient due to high deductibles, and in the renewal of the policy, the loss of performance coverage may not be provided again by the insurance companies due to the risk.

AsCW Enerji, we attach great importance to our product quality. In our factory located in Antalya Organised Industrial Zone, we carry out our production activities in line with the standards of independent test institutions such as TSE, TÜV SÜD, TÜV Rheinland.

With these values we have, the performances of our products are secured by Munich RE, one of the world's leading reinsurance companies. With this policy, we have taken under insurance assurance that our solar panels can decrease to a maximum of 90 percent performance at the end of the first 10 years and a maximum of 80 percent performance in the following 15 years, according to our warranty specifications. In this way, we have been under the assurance of Munich RE for the replacement or other expenses of our products that need to be made by us after the excessive performance decrease we have mentioned.

The policy conditions of Munich RE, which is recognised by international financial institutions and has proven its financial strength, have been presented to our company through ERGO Sigorta AŞ, which operates in our country, in a way that Turkish courts and laws are valid. Our company successfully passed the examinations carried out by Munich RE's expert teams and demonstrated that it has the qualification to take out insurance.

With the 25-year loss of performance insurance privilege we offer to our customers, our customers will not have to take out loss of performance insurance every year. Thanks to this insurance policy taken out by our company, it will be easier and possible to provide project financing in your solar power plants established with the products purchased from CW Enerji, thanks to the insurance assurance for 25 years in our products. For example; For our products purchased in 2018, there is insurance performance assurance until 2043. With this policy, your responsibility to repay the loan to the financial institution providing the loan is also protected for 25 years.

Our company, which has set out with the goal of customer satisfaction and assurance with these studies, has again broken new ground in Türkiye and has taken the performance of the solar panels it produces under insurance assurance for 25 years.
In this way, the concerns of financial institutions and investors operating in the solar energy sector for CW Enerji branded solar panels; ‘whether the solar panels produced can produce the promised energy for 25 years’ have been eliminated.

We proudly and respectfully submit for the information of the public.

16.07.2018

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