Energy, Oil and Gas, Taxes and Accounting

Green Mountain Energy Company selects Cogent Software to manage Sales Commissions

Author: Cogent Technology Group, Inc.
Dateline: Dallas, Texas (DALLAS, Texas)  | Mon, 07 May 2012

freeNewsArticles Story Summary: “Cogent Technology Group, Inc. announced today that the Commercial Services Division of Green Mountain Energy Company has expanded their use of Cogent's Sales Commission Manager (SCM) software product to provide a means of managing the residual sales commissions that flow as ongoing streams of compensation to their independent brokers and sales agents for completed energy-service contracts.”



A R T I C L E:

Cogent Technology Group, Inc. announced today that the Commercial Services Division of Green Mountain Energy Company has expanded their use of Cogent's Sales Commission Manager (SCM) software product to provide a means of managing the residual sales commissions that flow as ongoing streams of compensation to their independent brokers and sales agents for completed energy-service contracts. Cogent's SCM software will be used by Green Mountain's Commercial Services Division in Texas, New York and other markets as Green Mountain expands into them.

Green Mountain is a pioneer in the renewable energy space, operating as the nation's longest serving provider of green power and the first retail electric provider in Texas to offer renewable energy. The company's Commercial Services Division wanted a turn-key approach to accurately calculating and recording commission amounts that are payable to their brokers and sales agents and are based on the customer's energy usage over time. With Cogent's SCM software running on their internal network, Green Mountain expects to proactively manage the variability of the commission compensation function.

Cogent's SCM solution is available both as a leased product and as a software service which is hosted in their Atlanta data center. The full-featured SCM product, which offers a wide range of capabilities and an easy-to-use interface, bolts onto the energy marketer's CIS/Billing data source and calculates commissions as the underlying energy-usage changes. SCM manages the commission function regardless of the frequency of commissioning events or the complexity of the commission methods.

"We find Cogent's Sales Commission Manager to be a flexible, cost-effective and robust solution that can accommodate our many needs and we look forward to continued utilization of the system as our company expands into new markets." said Les Montgomery, Vice President of Retail Energy Operations for the Commercial Services Division of Green Mountain Energy Company.

About Cogent Technology Group:

Cogent Technology Group specializes in custom software and software consulting services for market participants operating in the deregulated energy industry. Cogent's software professionals have the experience needed to help energy marketers and wholesalers navigate the challenges of the industry by providing cost-effective solutions that reduce operating expenses and increase organizational efficiency.

In addition to Sales Commission Manager, Cogent currently offers an Energy Marketer Data Reconciliation System software product for validating ERCOT SCR727 settlement data against billing data; a Data Flow Manager software product for managing the download of B2B data; and their SalesScape Sales Automation component suite for automating the pricing of sales quotes and the creation of retail energy service contracts. For more information, visit http://www.ctginc.biz .

About Green Mountain Energy Company:

Green Mountain, the nation's leading competitive retail provider of cleaner energy and carbon offset solutions, was founded in 1997 to "change the way power is made." The company is the longest serving green power marketer in the U.S. Green Mountain offers consumers and businesses the choice of cleaner electricity products from renewable sources, such as wind, as well as a variety of carbon offset products.

One of Green Mountain's largest customers is the "world's most famous office building," the Empire State Building in New York City. Green Mountain customers have collectively helped avoid over 19.4 billion pounds of CO2 emissions. As a wholly owned subsidiary of NRG Energy (NYSE:NRG), Green Mountain is backed by one of the nation's largest renewable power producers. For more information, visit http://www.GreenMountain.com .

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Copyright © 2012 by Cogent Technology Group, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: Green Mountain Energy Company selects Cogent Software to manage Sales Commissions
• REFERENCE KEYWORDS/TERMS: renewable energy, Dallas, Texas, Green Mountain Energy Company, Energy, Oil and Gas, Computing, Taxes and Accounting, DALLAS, Texas , NYSE:NRG.

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Cogent Technology Group, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 07 May 2012 04:58:27 GMT].

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Electronics, Energy, Oil and Gas, Manufacturing

Lightway Solar America Expands Supply Agreement with G&S Solar to Thirty-Four Megawatts

Author: Lightway Solar America, Inc.
Dateline: Iselin, New Jersey (ISELIN, N.J.)  | Mon, 19 Mar 2012

freeNewsArticles Story Summary: “Lightway Solar America, Inc. (Lightway), the U.S. subsidiary of Lightway Green New Energy Co., Ltd., announced the execution of a Supply Agreement with G&S Solar (G&S) to provide thirty-four megawatts (34 MW) of multicrystalline solar modules. The Agreement requires G&S to purchase over 122,000 panels from Lightway within a one year period.”



A R T I C L E:

Lightway Solar America, Inc. ("Lightway"), the U.S. subsidiary of Lightway Green New Energy Co., Ltd., announced the execution of a Supply Agreement with G&S Solar ("G&S") to provide thirty-four megawatts (34 MW) of multicrystalline solar modules. The Agreement requires G&S to purchase over 122,000 panels from Lightway within a one year period. Deliveries had already commenced in December of 2011 as part of an eight megawatt (8 MW) contract that has now been expanded to a total of thirty-four megawatts (34 MW).

Lightway opened their U.S. office in Iselin, New Jersey during the end of 2010 and has captured significant market share through the implementation of aggressive strategies that include the development of a bankable product, technological innovation, and a variety of financial solutions for their downstream customers. During Q4 2011, Lightway executed over 100 MW of Supply Agreements to be delivered throughout the U.S. market during the period of 2012.

Wei Qiang, CEO of Lightway Green New Energy, said, "The future success of Lightway will depend on our ability to develop long term relationships with project developers that have the capability to excel in a market that is dominated by third party financing. We are confident that G&S Solar has an investment strategy that allows them to remain financially aggressive and we are pleased to begin this new partnership that will solidify our eastern seaboard footprint."

Gregg Wasser, Owner of G&S Solar, said, "In today's economic environment, it was essential for G&S Solar to find a module supplier that not only met our criteria of bankability, quality and financial strength, but was also willing to become a true long term financing partner. We feel that our partnership with Lightway is a critical component of our growth strategy as we evolve into a new era of the solar industry."

About Lightway Green New Energy Co., Ltd.:

Lightway Green New Energy is world class, vertically integrated solar panel manufacturer with 400 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science & Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees. With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 600 MW in 2013 and 1500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America, Inc. which has a sales office in New Jersey and warehouses on both the east and west coast. For more information, go to http://www.lightwaysolarusa.com .

About G&S Solar:

G&S Solar is a PV developer and has constructed over 30MW of project since inception. G&S Solar is an affiliate of G&S Investors, which develops, leases and manages income-producing properties in the tri-state area. Founded in 1982, G&S is known in the industry for its creativity in solving development problems, particularly in sites deemed unworkable due to physical, economic and political complexities and for achieving the highest possible return on its investment. The company's success is based upon identifying opportunities and applying solid economic forecasting, with sensitivity to political realities and retail trends. G&S has successfully executed every project it has initiated. This record has been achieved by fostering close and flexible relationships with financial institutions, local government and community groups involved in every project. For more information, please go to http://www.gssolarinstallers.com .

###


Copyright © 2012 by Lightway Solar America, Inc. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: Lightway Solar America Expands Supply Agreement with G&S Solar to Thirty-Four Megawatts
• REFERENCE KEYWORDS/TERMS: Solar Energy, Iselin, New Jersey, Lightway Green New Energy Co, Energy, Oil and Gas, Manufacturing, Electronics, ISELIN, N.J..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (Lightway Solar America, Inc.); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 19 Mar 2012 04:59:18 GMT].

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Energy, Oil and Gas, Insurance

China Sunergy adopts PowerGuard’s PowerClip Warranty Solution

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Tue, 13 Mar 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announced today that China Sunergy Co. Ltd. (NASDAQ:CSUN), a specialized solar cell and module manufacturer, has joined the growing number of solar energy providers globally to adopt PowerGuard's unique PowerClip(TM) extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announced today that China Sunergy Co. Ltd. (NASDAQ:CSUN), a specialized solar cell and module manufacturer, has joined the growing number of solar energy providers globally to adopt PowerGuard's unique PowerClip(TM) extended warranty protection.

China Sunergy manufactures and delivers high performance solar cell and module products globally. As one of the earliest solar cell manufacturers in China, China Sunergy began operations in August 2004 and was publicly listed on the NASDAQ exchange in 2007. Known for leading-edge technology in the photo-voltaic (PV) industry, China Sunergy has grown rapidly over the past several years. Their products have been extensively applied in the communication and urban construction fields around the world.

A specialty renewable energy program manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back up a manufacturer's own warranty terms.

The insurance solution, conceived and managed by PowerGuard, offers back-to-back coverage for a 10-year materials and workmanship warranty. Additionally, it offers a linear power performance guarantee over a 25-year period for panels sold by China Sunergy and covered by the warranty.

Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers seek, as well as long-term stability for the industry.

Mr. Stephen Cai, CEO of China Sunergy, said, "Adoption of this warranty insurance solution showcases our dedication to providing customers more security and confidence in our products' reliable quality and high performance. This will further strengthen our brand advantage and help enlarge China Sunergy's customer base."

"PowerGuard is very proud that our innovative PowerClip warranty solution has become the 'gold standard' for leading solar energy producers around the world," said Mike McMullen, Managing Principal of PowerGuard. "PowerGuard will continue to support the development and success of the global renewable energy industry with unique, industry-leading products and services."

The PowerGuard solution provides certainty and security and its warranty terms are non-cancellable and will survive even insolvency and bankruptcy. Also offered are third-party rights to the policy in case the original solar manufacturer goes out of business. These rights are backed by the capital strength of the insurance market.

Contact:
Mike McMullen
949.224.1325
mmcmullen@powerguardins.com.

About PowerGuard Specialty Insurance Services:

PowerGuard is a specialty renewable energy program manager specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit http://www.powerguardins.com .

About China Sunergy:

China Sunergy Co., Ltd. (NASDAQ:CSUN) is a specialized manufacturer of solar cell and module products in China. China Sunergy manufactures solar cells from silicon wafers, which utilize crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect, and assembles solar cells into solar modules. China Sunergy sells these solar products to Chinese and overseas module manufacturers, system integrators, and solar power systems for use in various markets. For more information, please visit our website at http://www.chinasunergy.com .

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: China Sunergy adopts PowerGuard's PowerClip Warranty Solution
• REFERENCE KEYWORDS/TERMS: solar energy, Irvine, California, China Sunergy Co Ltd, Energy, Oil and Gas, Public Companies, Insurance, IRVINE, Calif. , NASDAQ:CSUN.

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 13 Mar 2012 08:59:00 GMT].

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Business, Energy, Oil and Gas, Insurance

Hilton Brown named as Vice President of Claims Management for PowerGuard

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Mon, 05 Mar 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announced today the addition of Hilton Brown as Vice President of Claims Management. Specializing in claims management and client advocacy, Brown brings 22 years of experience to the PowerGuard team.”



A R T I C L E:

PowerGuard Specialty Insurance Services announced today the addition of Hilton Brown as Vice President of Claims Management. Specializing in claims management and client advocacy, Brown brings 22 years of experience to the PowerGuard team.

Brown will significantly expand PowerGuard's claims management capabilities, allowing the company to provide a new level of excellence in customer care. Brown will oversee claims review, audits, and management plus the development of new protocol for manufacturers, client care and service, and client advocacy.

"We are very excited to have another professional of Hilton's caliber join the PowerGuard team," states founding principal, Mike McMullen, "The choice to increase our focus on claims management is both an investment in our clients and the renewable sector. We feel Hilton is highly qualified to bring innovative, custom solutions to both."

Before joining PowerGuard, Brown spent nine years with Marsh, Inc., located in Los Angeles, Calif., starting as an associate consultant and progressing to the position of vice president. Brown managed client advocacy, negotiations with insurers and adjusters, vendor relations, settlement support, and claims oversight for general liability and property loss throughout Marsh's entire western region.

"The PowerGuard model is based on innovation and an outstanding standard of client care. They are truly setting new standards in the renewable sector," notes Brown. "I'm thrilled to be able to lend my knowledge of claims management and advocacy to this field."

Brown is a graduate of Santa Ana College where he obtained an Associates of Arts in Liberal Arts. Additionally, he holds an Associate in Risk Management certification and a current California Fire & Casualty license.

Brown is an officer of Toastmasters International, Inc., and is recognized by the organization as a "Competent Communicator."

Hilton Brown can be contacted at:
PowerGuard Specialty Insurance Services
Phone: 949-943-0553
Email: hbrown@powerguardins.com.

About PowerGuard Specialty Insurance Services:

PowerGuard is a specialty renewable energy program manager specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit http://www.powerguardins.com .

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: Hilton Brown named as Vice President of Claims Management for PowerGuard
• REFERENCE KEYWORDS/TERMS: Hilton Brown, Irvine, California, risk management solutions, Energy, Oil and Gas, Business, Insurance, IRVINE, Calif..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 05 Mar 2012 15:11:43 GMT].

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Business, Energy, Oil and Gas

The Energy Cooperative Increases Wind Power in 2012 Electricity Mix

Author: The Energy Cooperative
Dateline: Philadelphia, Pennsylvania (PHILADELPHIA, Pa.)  | Thu, 16 Feb 2012

freeNewsArticles Story Summary: “The Energy Cooperative, an electric generation supplier (EGS) since 1998, has announced that it is increasing the amount of Pennsylvania wind power in their 2012 electricity mix. The new renewable energy mix contains 99 percent PA wind power, of which 25 percent wind is sourced from the newly developed Highland Wind farm in Cambria County, PA.”



A R T I C L E:

The Energy Cooperative, an electric generation supplier (EGS) since 1998, has announced that it is increasing the amount of Pennsylvania wind power in their 2012 electricity mix. The new renewable energy mix contains 99 percent PA wind power, of which 25 percent wind is sourced from the newly developed Highland Wind farm in Cambria County, PA.

The Energy Co-op also sources 1 percent of its renewable energy from PA solar power, the majority of which is located on the rooftops of the cooperative's own members in southeastern PA.

"We continually strive to offer our members the highest quality product on the market," said Jossi Fritz-Mauer, Co-Director at The Energy Co-op. "I'm proud to offer our members electricity from the best technology that exists within our geographic footprint, so that ultimately we provide the strongest support for the further development of renewable energy."

As part of its ongoing commitment to supporting Pennsylvania renewable energy, The Energy Co-op helped launch the Choose PA Wind (www.choosepawind.com) initiative. Choose PA Wind was created to encourage energy consumers in the state to power their businesses and homes with energy from PA wind farms.

The Energy Co-op is a long-time supporter of local, renewable energy, and has been providing a 100 percent renewable electricity product since 2006. In 2010, the organization made the commitment to exclusively purchase power generated in PA and decided to further this effort by participating in the Choose PA Wind initiative.

Consumers in the PECO service territory can receive 100 percent Pennsylvania renewable electricity from The Energy Co-op at a fixed rate of 10.25 cents per kWh. There is also a 20 percent Pennsylvania renewable electricity option for 9.79 cents per kWh. Electricity shoppers can learn more and sign up by visiting http://www.theenergy.coop .

The Energy Cooperative, a member-owned nonprofit energy supplier, was founded by Weaver's Way Co-op in 1979 as a cooperative buying club for heating oil consumers. Since then, The Energy Co-op has grown to include renewable electricity for residential and commercial members, as well as biodiesel for transportation fleets. The mission of The Energy Co-op is to provide members access to renewable energy at affordable prices.

###


Copyright © 2012 by The Energy Cooperative and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: The Energy Cooperative Increases Wind Power in 2012 Electricity Mix
• REFERENCE KEYWORDS/TERMS: electric generation supplier, Philadelphia, Pennsylvania, Wind Power, Energy, Oil and Gas, Business, NonProfit, PHILADELPHIA, Pa..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (The Energy Cooperative); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 16 Feb 2012 15:28:47 GMT].

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Energy, Oil and Gas, Insurance, Manufacturing

Lightway Green New Energy Co., Ltd. locks in PowerGuard’s PowerClip warranty solution

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Mon, 23 Jan 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announced today that solar panel manufacturer Lightway Green New Energy Co. Ltd. ('Lightway') has joined the growing number of solar energy providers globally that have adopted PowerGuard's unique PowerClip(TM) extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announced today that solar panel manufacturer Lightway Green New Energy Co. Ltd. ("Lightway") has joined the growing number of solar energy providers globally that have adopted PowerGuard's unique PowerClip(TM) extended warranty protection.

Lightway is a fully automated, vertically integrated manufacturer of world class solar panels, controlling the production process from ingots through modules. With a strong balance sheet and the backing of strategic partner Longjitaihe Group (over $1.6B in assets), the company is continuing to expand its production capability and sales in the U.S. and other emerging global solar markets.

A specialty renewable energy program manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back up a manufacturer's own warranty terms.

The insurance solution, conceived and underwritten by PowerGuard, offers back-to-back coverage for a 10-year materials and workmanship warranty. Additionally, it offers a linear power performance guarantee over a 25-year period for panels sold by Lightway and covered by the warranty.

Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers seek, as well as long-term stability for the industry.

"PowerGuard is very proud that our innovative PowerClip warranty solution has become the 'gold standard' for leading solar energy producers around the world," said Mike McMullen, Managing Principal of PowerGuard. "PowerGuard will continue to support the development and success of the global renewable energy industry with unique, industry-leading products and services."

The PowerGuard solution provides certainty and security and its warranty terms are non-cancellable and will survive even insolvency and bankruptcy. Also offered are third-party rights to the policy in case the original solar manufacturer goes out of business. These rights are backed by the capital strength of the insurance market.

"Lightway recognizes that one of the key components for successfully generating and developing market share in the U.S. is the ability to offer a bankable product," said Wei Qiang, Lightway’s chief executive officer. "We feel that our investment in the PowerGuard warranty solution is a testament to Lightway's long-term commitment to our customers and exhibits our dedication to creating lasting relationships that are built on the principles that ensure the security of our quality."

Contact:
Mike McMullen
949.224.1325
mmcmullen@powerguardins.com .

About PowerGuard Specialty Insurance Services:

PowerGuard is a specialty renewable energy program manager specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufacturers, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit www.powerguardins.com .

About Lightway:

Founded in 2008, Lightway is a leading international vertically integrated manufacturer of multi-crystalline ingots, wafers, cells, and modules. Lightway's comprehensive production chain guarantees superior product quality and a cost effective structure, benefiting a global customer base. LIGHTWAY is dedicated to a long-term growth strategy that includes technological innovation, downstream partnerships and financial solutions that meet the energy demands of a changing world. This market strategy resulted in a successful Q4 2011 in which LIGHTWAY executed over 100 MW of U.S. based sales contracts with the full expectation that this momentum will be carried over into 2012.

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

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Story Title: Lightway Green New Energy Co., Ltd. locks in PowerGuard's PowerClip warranty solution
• REFERENCE KEYWORDS/TERMS: solar panel manufacturer, Irvine, California, solar energy providers, Energy, Oil and Gas, Manufacturing, Insurance, IRVINE, Calif..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 23 Jan 2012 07:59:07 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.
Energy, Oil and Gas, Insurance, Manufacturing

PowerGuard’s PowerClip Warranty Solution Adopted by Global Solar Energy Services Provider, SunEdison

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Tue, 17 Jan 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announces that leading global provider of solar energy services, SunEdison, a client of retail insurance broker Lockton Companies, has joined the growing number of solar energy providers to adopt PowerGuard's unique PowerClip extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announces that leading global provider of solar energy services, SunEdison, a client of retail insurance broker Lockton Companies, has joined the growing number of solar energy providers to adopt PowerGuard's unique PowerClip extended warranty protection.

SunEdison develops, finances, operates and monitors solar energy solutions worldwide, ranging from some of the world's largest solar deployments to residential customers' rooftops. SunEdison is a subsidiary of MEMC Electronic Materials (NYSE:WFR), a global leader in polysilicon and silicon wafer manufacturing, the foundation upon which most solar cells and semiconductor devices are built.

According to Kurt R. Bruenning, Treasurer of MEMC Electronic Materials, "We were impressed with the many unique features and valuable business benefits of the PowerGuard Solution. It was clearly developed by people who understand the nature of our business and anticipate the challenges an emerging industry and new technology face. Their people have proven to be outstanding partners to Gary Giulietti and our Lockton retail team throughout the entire underwriting and coverage placement process."

A specialty renewable energy Program Manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back-up a manufacturer's own warranty terms.

Mike McMullen, managing principal of PowerGuard, says, "PowerGuard is proud that our innovative risk-transfer product is quickly gaining momentum with leading solar energy providers around the world like SunEdison and MEMC. We are committed to continuing to support the expansion and success of the global renewable energy industry with unique, leading-edge products and services."

Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers desire, as well as long-term stability for the industry.

"The PowerGuard solution is an important way for solar energy providers to gain a greater degree of business certainty and it allows developers of solar parks to finance photovoltaic installations more easily and with increased flexibility," states Gary Giulietti, president of Lockton Companies' Farmington, CT operations. "We are very excited to partner with Mike and the PowerGuard team in delivering this innovative and valuable warranty product to our client, SunEdison."

PowerGuard's warranty solution, which is available directly from PowerGuard or through various retail brokers, provides certainty and security to the solar manufacturer's end customers. Its warranty terms are non-cancellable, surviving even insolvency and bankruptcy. Third-party rights to the policy, in case the original solar manufacturer goes out of business are also offered, and are backed by the capital strength of the insurance market.

Contact:

PowerGuard Specialty Insurance Services
Mike McMullen
949-224-1325
mmcmullen@powerguardins.com .

Lockton Companies
Gary Giulietti
860-558-6800
ggiulietti@lockton.com .

MEMC Electronic Materials, Inc.
Kurt R. Bruenning
636-474-5925
kbruenning@memc.com .


About PowerGuard Specialty Insurance Services:

PowerGuard manages programs specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. More information: www.powerguardins.com .

About SunEdison:

SunEdison is a global provider of solar-energy services. The company develops, finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, predictably priced solar energy services for its commercial, government and utility customers. In 2009, SunEdison delivered more kilowatt hours (kWh) of energy than any other solar services provider in North America. More information: http://www.sunedison.com/wps/portal/memc/aboutus/ .

About Lockton:

More than 4,100 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, surety and risk management services, offering an uncommon level of client service. Since its founding in Kansas City in 1966, Lockton has grown to become the 9th largest insurance broker in the world. It is the world's largest privately held insurance broker. More information: www.lockton.com .

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Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/12-0103-powergd_72dpi.jpg

• Media Contact Information: https://www.send2press.com/mediadrome/2012-01-0117-006.txt

Story Title: PowerGuard's PowerClip Warranty Solution Adopted by Global Solar Energy Services Provider, SunEdison
• REFERENCE KEYWORDS/TERMS: SunEdison, Irvine, California, MEMC Electronic Materials, Energy, Oil and Gas, Insurance, Manufacturing, IRVINE, Calif. , NYSE:WFR.

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 17 Jan 2012 14:48:00 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.
Energy, Oil and Gas, Insurance, Manufacturing

PowerGuard’s PowerClip(TM) implemented by Talesun

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Thu, 12 Jan 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announces that leading solar manufacturer, Talesun, has joined the growing number of global solar panel manufacturers to choose PowerGuard's unique PowerClip extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announces that leading solar manufacturer, Talesun, has joined the growing number of global solar panel manufacturers to choose PowerGuard's unique PowerClip extended warranty protection.

Talesun Solar is an international manufacturer of high quality crystalline solar cells and modules. Located in Changshu, just 50 miles from Shanghai, Talesun operates the world's largest, fully automated production plant using state of the art technology. The company also has offices in Munich, Germany and San Jose, USA.

A specialty renewable energy program manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back up a manufacturer's own warranty terms.

The insurance solution, conceived and underwritten by PowerGuard, offers back-to-back coverage for a 10-year limited product warranty. It also includes a 10-year warranty for 90 percent power performance and an additional 15-year warranty for 80 percent performance for panels sold by Talesun and covered by the warranty.

Through the use of insurance, PowerGuard is able to offer manufacturers the ability to provide the certainty their customers seek, as well as long-term stability for the industry.

Mike McMullen, managing principal of PowerGuard, shares, "PowerGuard is excited to see leading solar cell and module manufacturers around the world embracing the value that our unique and innovative risk-transfer product provides to them. PowerGuard will continue to support the development and success of the global renewable energy industry with unique, industry-leading products and services."

The PowerGuard solution is available globally. Its warranty terms are non-cancellable and will survive even insolvency and bankruptcy. Third-party rights to the policy are also offered, in case the original solar manufacturer goes out of business, backed by the capital strength of the insurance market.

Contact:
Mike McMullen
949.224.1325
mmcmullen@powerguardins.com .

About PowerGuard Specialty Insurance Services:

PowerGuard is a specialty renewable energy program manager specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufacturers, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit www.powerguardins.com .

About Talesun:

Talesun is a premium manufacturer of solar modules and solar cells. The 200,000 square meter fully automated production facility of the company is located in China and is planned to reach a production capacity of 2 GW by the end of 2012. Talesun has subsidiaries in Shanghai, Munich and San Jose, USA.

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/12-0103-powergd_72dpi.jpg

• Media Contact Information: https://www.send2press.com/mediadrome/2012-01-0112-002.txt

Story Title: PowerGuard's PowerClip(TM) implemented by Talesun
• REFERENCE KEYWORDS/TERMS: Talesun, Irvine, California, Solar Energy, Energy, Oil and Gas, Insurance, Manufacturing, IRVINE, Calif..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 12 Jan 2012 06:58:22 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.
Business, Energy, Oil and Gas, Insurance

PowerGuard’s PowerClip Warranty Solution Adopted by Chinese solar panel manufacturer LONG ENERGY (Shenglong, Suzhou Shenglong PV-Tech Co., Ltd.)

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Mon, 09 Jan 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announces that leading Chinese solar manufacturer, LONG ENERGY (Shenglong, Suzhou Shenglong PV-Tech Co., Ltd.), a client of Marsh Los Angeles, has joined the growing number of China-based solar panel manufacturers to adopt PowerGuard's unique PowerClip extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announces that leading Chinese solar manufacturer, LONG ENERGY (Shenglong, Suzhou Shenglong PV-Tech Co., Ltd.), a client of Marsh Los Angeles, has joined the growing number of China-based solar panel manufacturers to adopt PowerGuard's unique PowerClip extended warranty protection.

A specialty renewable energy Program Manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back-up a manufacturer's own warranty terms.

Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers look for, as well as long-term stability for the industry.

This insurance solution, conceived and underwritten by PowerGuard, offers back-to-back coverage for a 10-year limited product warranty as well as 10-year warranty for 90 percent power performance and an additional 15-year warranty for 80 percent performance for panels sold by LONG ENERGY and covered by the warranty.

Mike McMullen, managing principal of PowerGuard, says, "PowerGuard is proud that our innovative risk-transfer product is quickly gaining momentum with leading solar module manufacturers in China and around the world. PowerGuard will continue to support the expansion and success of the global renewable energy industry with unique, leading-edge products and services."

"The PowerGuard solution is an important way for solar panel producers to provide a greater degree of business certainty and allows developers of solar parks to finance photovoltaic installations more easily and with increased flexibility," states Ken Yang, client relationship manager of Marsh Los Angeles. "The solar panel manufacturing sector in Asia continues to grow rapidly, with China leading the way in terms of manufacturing output."

The PowerGuard solution, which is available directly from PowerGuard or through various retail brokers, provides certainty and security to the solar manufacturer's end customers. Its warranty terms are non-cancellable, surviving even insolvency and bankruptcy. Third-party rights to the policy, in case the original solar manufacturer goes out of business are also offered, and are backed by the capital strength of the insurance market.

Contact:
PowerGuard Specialty Insurance Services
Mike McMullen
949.224.1325
mmcmullen@powerguardins.com .

About PowerGuard Specialty Insurance Services:

PowerGuard manages programs specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit www.powerguardins.com .

About LONG ENERGY (Shenglong):

Established in May 2006, Long Energy (Shenglong) is an experienced company with deep roots in technology, now listed on the Korea Exchange (KOSDAQ). Located in Zhangjiagang City, Long Energy (Shenglong) currently has over 1,500 employees and is about an hour's drive from Shanghai, China. Their factory occupies an area of roughly 240,000 sq. meters and covers the vertically integrated value chain from silicon melting to finished modules.

Aspiring to be a leading photovoltaic company with advanced technology, Long Energy (Shenglong) has always followed the notion of "high starting point, large scale, high quality and strong branding," which has led the company to achieve remarkable growth in just a few years. With a sound mixture of technical competence and visionary ideas, Long Energy (Shenglong) designs, manufactures, and sells high-quality solar products to the international market at competitive prices.

Long Energy's (Shenglong's) main products are crystalline silicon photovoltaic modules which have received IEC, TUV, UL, MCS, CQC, KIER, CE, PV CYCLE membership and approval. These modules are bankable by Unicredit SpA, Italy and GLS bank, Germany. In addition to offering entirely in-house produced modules, Long Energy (Shenglong) also provides complete, tailor-made photovoltaic systems.

About Marsh:

Marsh, the world's leading insurance broker and risk advisor, teams up with clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. Marsh has over 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a member of Marsh & McLennan Companies, a global professional risk and insurance services firm with over 52,000 employees worldwide and annual revenue exceeding $10 billion, which is also the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. Its stock (NYSE:MMC) is listed on the New York, Chicago, and London stock exchanges.

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/12-0103-powergd_72dpi.jpg

• Media Contact Information: https://www.send2press.com/mediadrome/2012-01-0109-003.txt

Story Title: PowerGuard's PowerClip Warranty Solution Adopted by Chinese solar panel manufacturer LONG ENERGY (Shenglong, Suzhou Shenglong PV-Tech Co., Ltd.)
• REFERENCE KEYWORDS/TERMS: Solar Energy, Irvine, California, Marsh and McLennan Companies, Energy, Oil and Gas, Business, Insurance, IRVINE, Calif. , NYSE:MMC.

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Mon, 09 Jan 2012 14:48:09 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.
Energy, Oil and Gas, Insurance

PowerGuard’s PowerClip Warranty Solution Adopted by China-based Manufacturer of Solar Modules, ZNShine

Author: PowerGuard Specialty Insurance Services
Dateline: Irvine, California (IRVINE, Calif.)  | Tue, 03 Jan 2012

freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services announces that Chinese solar manufacturer, ZNShine, has joined the growing number of international solar panel manufacturers adopting PowerGuard's unique PowerClip extended warranty protection.”



A R T I C L E:

PowerGuard Specialty Insurance Services announces that Chinese solar manufacturer, ZNShine, has joined the growing number of international solar panel manufacturers adopting PowerGuard's unique PowerClip extended warranty protection.

ZNShine Solar is a vertically integrated producer of solar photovoltaic modules. Controlling the value chain from raw silicon to solar photovoltaic systems, the company has a strong position in the global renewable energy market. This integrated business model gives ZNShine a unique opportunity to generate solar electrical power at a highly competitive price.

In 2011, ZNShine's production reached annual capacity of 500 MW. They accomplished this using highly automated production lines equipped with machines supplied by leading European companies. This process ensures very narrow processing parameters, resulting in stable and solid product quality, which has consistently received a top rating from PHOTON Field Measurement. ZNShine pays constant attention to product quality and their modules have been certified by UL, TUV, Rheinland, TUV SUD and BABT.

ZNShine products are further supported by both Zurich Insurance and now by PowerGuard.

A specialty renewable energy program manager based in the U.S., PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back-up a manufacturer's own warranty terms.

The PowerGuard insurance solution, available globally, provides certainty and security to the solar manufacturer's end customers. Its warranty terms are non-cancellable and will survive even insolvency and bankruptcy. Third-party rights to the policy in case the original solar manufacturer goes out of business are also offered, backed by the capital strength of the insurance market.

Mike McMullen, Managing Principal of PowerGuard, said: "PowerGuard is proud that our unique and innovative PowerClip risk-transfer product is increasingly being adopted by leading solar module manufacturers around the world. PowerGuard will continue to support the development and success of the global renewable energy industry with unique, industry-leading products and services."

Poly and mono crystalline photovoltaic modules manufactured by ZNShine Solar have been successfully used in various medium and large-scale projects located in Germany, Spain and Italy. With these references, the company is now recognized and supported by both U.S. and European banks for both medium and large-scale investments in solar photovoltaic parks.

Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers seek, as well as long-term stability for the industry.

Contact:
Mike McMullen
949.224.1325
mmcmullen@powerguardins.com .

About PowerGuard Specialty Insurance Services:

PowerGuard is a specialty renewable energy program manager specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.

PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.

PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. For more information please visit www.powerguardins.com .

###


Copyright © 2012 by PowerGuard Specialty Insurance Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.

• Web Image (72dpi): https://www.send2press.com/mediaboom/12-0103-powergd_72dpi.jpg

• Media Contact Information: https://www.send2press.com/mediadrome/2012-01-0103-002.txt

Story Title: PowerGuard's PowerClip Warranty Solution Adopted by China-based Manufacturer of Solar Modules, ZNShine
• REFERENCE KEYWORDS/TERMS: solar power, Irvine, California, ZNShine Solar, Energy, Oil and Gas, Insurance, Energy, IRVINE, Calif..

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (PowerGuard Specialty Insurance Services); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Tue, 03 Jan 2012 15:11:46 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.