Munich Re to continue strategic cooperation with Jolywood

Reinsurance giant Munich Re, and specialist in N-type PV technology, Jolywood, have announced that they will continue their strategic cooperation, as the two companies will continue joining forces to improve global renewable energy solutions.

Munich Re will continue to provide Jolywood with a 12-year warranty for material and a 30-year warranty for linear power output.

In the three consecutive years of cooperation, the two companies aimed to jointly formulate and develop renewable energy solutions for investors and financing institutions with large-scale usage of Jolywood PV modules and provided diversified value-added services and a more comprehensive third-party support guarantee.

In addition, Munich Re conducted a comprehensive assessment and rigorous inspection of Jolywood, which included an omnidirectional evaluation of the company’s production lines, product quality and technological strength.

The outcome was highly evaluated by Munich Re’s team, leading to its unanimous approval of Jolywood as a trustworthy PV technology company and comprehensive underwriting services.

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