New, secondary warranties for solar panels come without deductibles

HILLSBORO, Ore., July 20, 2017 - SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, today announced another in a long line of industry innovations: the SolarWorld Assurance™ Warranty Protection Program, featuring supplemental protection plans for residential and small commercial customers.

SolarWorld Americas standard coverage includes a 20-year product warranty and a 25-year performance guarantee for most solar panels. In addition to SolarWorld Americas product warranty and performance guarantee, the SolarWorld Assurance™ program provides supplemental, third-party-backed warranties to the system owner with no deductibles. The Dual Warranty™ protection plan is for solar panels installed this year, and SolarWorld covers the premium. The Extend Warranty™ plan covers solar panels installed from 2012 through 2016.

The SolarWorld Assurance™ Warranty Protection Program is backed by an A.M. Best "A"-rated company and covers systems from 3 to 20 kilowatts. The warranties immediately go into effect in the event that the original factory coverage could no longer be supported; they also are transferable to new system owners. Unlike typical warranty insurance advertised by other solar panel manufacturers, the SolarWorld Assurance™ protection plans are true warranties, not insurance policies.

"SolarWorld has been innovating product offerings for more than 40 years," said Shane Messer, the companys vice president of sales and marketing. "The SolarWorld Assurance Program is another first. By offering this program, were providing true, secondary warranties to our customers, with no deductibles, to assure peace of mind."

About SolarWorld REAL VALUE: SolarWorld Americas Inc., the largest U.S. crystalline-silicon solar manufacturer for more than 42 years, produces and sells high-tech solar power solutions and, in doing so, contributes to a cleaner energy supply throughout the Americas. The company maintains 430 megawatts of annual capacity to produce solar cells and 550 MW of capacity to manufacture solar modules. The companys brand stands for a proven track record of quality and reliability, and SolarWorld is the only producer whose industrial lineage has outlived its products 25- and 30-year performance guarantees. SolarWorld upholds high social standards and commits itself to resource- and energy-efficient production. With its program Solar2World, the company supports the expansion of solar power in developing countries in Latin America. Connect with SolarWorld on Facebook, Twitter, LinkedIn, Instagram and www.solarworld.com.