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A first for solar firms: PV performance insurance
Photovoltaics firm Signet Solar has inked what might be a first in the renewables industry (PDF): a 25-year insurance plan that covers the performance warranty of Signet’s solar modules.
Implemented by insurance provider Munich Re, the plan is designed to protect against the risk of performance deterioration in Signet’s photovoltaics. Signet guarantees that its modules will perform to at least 90 per cent capacity in the first 10 years and to at least 80 per cent in the remaining 15 years.
A solar cooled air-conditioning system | Emerging Technology Trends | ZDNet.com
The research team has ‘designed and built an absorption chiller capable of using solar and residual heat as an energy source to drive the cooling system.’
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