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1. Product Warranty
A. HYUNDAI warrants to the CUSTOMER that the MODULES supplied shall, for the
duration of twenty-five (25) years from the Warranty Start Date ("Product Warranty
Period"), be free from defects in materials and workmanship under normal application,
installation, use, and service conditions.
If the MODULES fail to conform to this warranty during this Product Warranty Period,
(a) HYUNDAI has the right to choose the net value of the defective MODULES or the
current market MODULE price refunded to the CUSTOMER, the so-called defective
MODULES of the net value of the MODULES purchased at the time on the basis of the
first deduction of 16% depreciation, subsequent annual deductions 3.5% depreciation,
depreciation is calculated from the date of the warranty, up to 25 years; (b) Free repair or
replacement of defective MODULES, and to provide the initial sale of the delivery point
of free delivery service, the MODULES and parts to be replaced are owned by
HYUNDAI.
B. The remedies set forth in this clause shall be the sole and exclusive remedy available to
the CUSTOMER for any product defect, and shall not be available beyond the Product
Warranty Period for any reason whatsoever.
2. Performance Warranty
A. As for single glass MODULES:
HYUNDAI warrants to the CUSTOMER that for a period of one (1) year from Warranty
Start Date the actual power output of the MODULES will be no less than 98.0% of the
*
Nominal Power
at STC
datasheet. From the second year, the actual power output will decline annually by no
more than 0.55%p for a period of remaining twenty-four (24) years, so that by the end of
the twenty-five (25) year, an actual output of at least 84.8% of the Nominal Power
**
STC
, as specified on the date of sale in HYUNDAI's product datasheet will be achieved.
B. As for double glass MODULES:
HYUNDAI warrants to the CUSTOMER that for a period of one (1) year from Warranty
Start Date the actual power output of the MODULES will be no less than 98.0% of the
*
Nominal Power
at STC
datasheet. From the second year, the actual power output will decline annually by no
more than 0.45%p for a period of remaining twenty-nine (29) years, so that by the end of
the thirty (30) year, an actual output of at least 84.95% of the Nominal Power
as specified on the date of sale in HYUNDAI's product datasheet will be achieved
If the MODULES fail to reach the guaranteed power output levels set out above provided
that such loss in power is verified by HYUNDAI, (a) HYUNDAI has the right to choose
the net value of the defective MODULES or the current market MODULE price
Headquarter
HYUNDAI ENERGY SOLUTIONS Co., Ltd.
Bundang First Tower, 55, Bundang-ro,
Bundang-gu, Seongnam-si,
Gyeonggo-do 13591, Korea
Tel. +82-31-8006-6913
https://www.hyundai-es.co.kr/
info@hyundai-es.co.kr
**
, as specified on the date of sale in HYUNDAI's product
**
, as specified on the date of sale in HYUNDAI's product
Factory
Tongwei Solar(Hefei) Co., Ltd.
No.888 Changning Road, High-tech
Destrict, Hefei, P.R. China
Tel. +86-028-6279-6666
http://www.tw-solar.com/en/
DUWW@tongwei.com
www.hyundai-es.co.kr
Importer in Australia
Trading Name: Metal Manufactures
Head Distribution Centre:
19-21 Loyalty Rd, North Rocks, NEW SOUTH
WALES, 2151 Australia
Tel. 0412-500-769
https://www.mmem.com.au/
rupert.blatch@mmem.com.au
*
at
*
**
at STC
,
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