This document discusses performance guarantees for commercial solar projects. It notes that while the future of solar energy is promising, uncertainty in the market creates risks. Players discuss guarantees to minimize risk but what constitutes a guarantee differs. No guarantees currently exist that eliminate all project risk. The document recommends focusing on controllable factors like equipment selection and maintenance. It introduces Assurant Commercial/Solar Project Insurance, which provides liability, property and warranty coverage to help projects reach maximum production and replace lost revenue from outages. This bundled insurance adds assurance for all parties and protects cash flows and financing potential.

1. Commercial Solar
Project Performance
Guarantees

2. Grid Parity
0
The future of solar energy is bright;
especially commercial-scale solar projects
that serve larger facilities and larger
numbers of people with a single installation.
Commercial Range

3. But uncertainty in the market –
such as industry consolidation,
OEM or manufacturer viability,
and a challenging legislative
environment – continues to
create confusion and hesitation.

4. As a result, players in the
solar industry continue to talk
about performance guarantees
as one way to minimize
uncertainty and address risk.

5. But a “performance guarantee” means
different things to different people.
Project Owner/Developer Investor/Financer Manufacturer

6. And, the fact is, there are no
guarantees currently available
that eliminate all project risk.
Project Owner/Developer Investor/Financer Manufacturer

7. Developers are looking
for installation, design
and operation guarantees.

8. And investors and financers want
to ensure cash flow throughout
the project lifecycle and guarantee
a return on their investment.

9. So what can you do?

10. Focus on what you can control:
∙ et your equipment
V
Choose manufacturers that can back warranties
· ite project appropriately
S
To maximize output
· e diligent about preventive maintenance
B
Saves money and time
· onitor performance routinely
M
Lets you catch issues before they escalate

11. Lastly, secure insurance coverage
for projects.
Which is where we come in…

12. Assurant Commercial/
Solar Project Insurance
Bundled liability, property
and warranty management,
helps projects reach
maximum production.
WARRANTY
MANAGEMENT
PROPERTY
LIABILITY OPERATION
INSTALLATION
Development

13. We provide essential warranty
management and backstop coverage,
as well as business interruption
coverage that replaces revenue lost
due to covered perils.
Helping you get as close as possible
to guaranteed performance –
and having confidence your projects
can keep moving forward.

14. This level of protection:
∙ ives added assurance to all key
G
players in commercial solar projects
With coverage for all project components
∙ dds bundled insurance coverage
A
For added control over the things you can control
∙ rotects against lost revenue
P
Improving overall cash flows and potential access to financing
∙ rovides proper coverage
P
The right amount of coverage for midsized projects

15. Learn how we can give
developers and investors
alike more peace of mind...
Visit assurantsolar.com today.