The insurance package is covered by HDI-Gerling Netherlands, an A rated insurance company and one of the biggest German insurers of property & casualty. As an independent third party, Solarif completed a successful audit on LDK Solar's manufacturing process and product quality.
René Moerman, Chief Strategy Officer of Solarif: "The demand for PV Insurance is increasing worldwide especially in large markets like China, Japan and other emerging countries. We are continually enhancing our offering and we are pleased to expand our insurance network worldwide to extend our collaboration with LDK Solar."
Mr. Tong, CEO of LDK Solar: "We are pleased to address the increasing demand from emerging markets with our comprehensive warranty insurance package by making it more broadly available to customers."
About LDK Solar (NYSE: LDK)LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. In Europe LDK Solar is represented with its Headquarters in Zurich, Switzerland and has offices in Germany, Italy and Spain as well as further sales representatives in France and the UK managing Sales, Marketing and Customer Service. For more information about LDK Solar and its products, please visit us at Intersolar in Hall A3 at booth 150 or on the LDK Solar website www.ldksolar.com. About Solar Insurance & Finance Solarif, or Solar Insurance & Finance, is an internationally operating, independent insurance broker with a full focus on insurance for PV installations. Their extensive knowledge of the solar market enables them to create insurance solutions that perfectly fulfill our customers' wishes, for example the 'Inherent defect and warranty' option.