Common use of Limited Peak Power Warranty Clause in Contracts

Limited Peak Power Warranty. For all Modules - no less than 98% of Modules’ nominal power in the first year from Warranty Start Date, thereafter it decreases linearly by no more than 0.55% per year, remain no less than 84.8% of nominal power till the 25th year from Warranty Start Date. All the warranted percentages of nominal power output should be as indicated by SolarEdge on the respective Module minus a tolerance range of 3% percent under standard test conditions. If, for a period of twenty five (25) years as of the Warranty Start Date, the Module exhibit a power output less than the warranted percentages of nominal power output described under article 11, provided that such loss in power is determined by XxxxxXxxx (at its sole and absolute discretion) to be due to defects in materials or workmanship of the Module, SolarEdge will, at its sole discretion, either: (i) repair or replace the Modules; or (ii) refund the market value of the Modules at the time of claim.

Limited Peak Power Warranty. For all Modules - no less than 9897% of Modules’ nominal power in the first year from Warranty Start Date, thereafter it decreases linearly by no more than 0.550.7% per year, remain no less than 84.880.2% of nominal power till the 25th year from Warranty Start Date. All the warranted percentages of nominal power output should be as indicated by SolarEdge on the respective Module minus a tolerance range of 3% percent under standard test conditions. If, for a period of twenty five (25) years as of the Warranty Start Date, the Module exhibit a power output less than the warranted percentages of nominal power output described under article 11, provided that such loss in power is determined by XxxxxXxxx (at its sole and absolute discretion) to be due to defects in materials or workmanship of the Module, SolarEdge will, at its sole discretion, either: (i) repair or replace the Modules; or (ii) refund the market value of the Modules at the time of claim.