VIRTUAL RISK-FREE PV OWNERSHIP
Ta Tong Textile Co. Ltd
Taipei, Taiwan: Leading international solar PV project developer Solmax Power is extremely proud to announce 100% insured Solmax Power Premium PV systems. In what is believed to be a first in Taiwan’s growing PV market, Solmax Power can deliver a risk-free PV system offering a virtual guaranteed return on investment to Solmax Power partners.
The scope of the insurance is complete and comprehensive protecting all facets of PV system operations and ownership including general liability, physical loss or damage and a power output performance guarantee. Risks historically associated with PV system ownership such as typhoons, fire concerns, cloudy weather and even vandalism are things of the past with Solmax Power Premium PV systems. Most importantly, the financial return of system ownership is 100% insured. In the unlikely event a Solmax Power Premium PV system under-performs, or a system interruption occurs reducing electrical output by more than 10%, performance output insurance makes the system owner financially whole. It may be difficult to find a better investment than a Solmax Power Premium PV System.
Solmax Power Premium PV systems have been vetted and approved by global 3rd party insurers AON and Willis Towers Watson. According to Mr. Louis Wu, founder of Solmax Power, “Solmax Power has effectively created a guaranteed return on investment and delivering a 100% insured, worry-free ownership experience is something which truly separates us from the competition. Solmax Power’s commitment to installation excellence and use of the highest quality components is why we have been able to achieve such an incredible offering and our insurance partners AON and Willis Towers Watson cement trust and confidence in the Solmax Power Premium PV System.” In the growing Taiwan PV market, a 100% insured PV system is very attractive and has caught the attention of leaders in other industries wishing to take advantage of Taiwan’s PV boom.
Tah Tong Textile Co. Ltd recognized the value and partnered with Solmax Power for a 100% insured 3.2 Megawatt Premium PV System. According to Tah Tong Chairman Mr. Steven Chen, “When Solmax Power presented us with a 100% insured return I was skeptical. However, after further conversations I realized it is indeed a virtually guaranteed return and the best decision for Tah Tong. In fact, we are asking Solmax Power to explore our operations in Vietnam for additional MW installations.” Mr. Louis Wu, “Solmax’s partnership with Tah Tong is exactly what we mean by the right partner, on the right project, the right way, it’s how Solmax Power does business.”
About Tah Tong Textile Ltd: Founded in 1958, Tah Tong Ltd. textile company is a publicly listed (TWSE 1441), fully vertically integrated company and has gradually shifted its focus towards high-end textiles. Today, Tah Tong is actively focusing on the development of specialized, functional micro-fiber yarns and protective fabric. Having a strong presence in China, Tah Tong has its sights on robust market expansion in Japan and Europe.
About Solmax Power: Solmax Power is a full-service commercial PV project developer & EPC-M company created in 2016 to embrace strategic partner investors and accelerate international project development. Founding principles of quality, reliability and performance guide Solmax Power plus the philosophy of doing business with the right partner, on the right project, the right way. With installation experience of 100MW in 6 countries and growing, Solmax Power is excited for the future.