Large-Scale Energy Storage System Scalecube Audited and Insured by Munich Re

Source: www.gulfoilandgas.com 6/14/2023, Location: Europe

• 10-year guarantee on the performance of the large-scale energy storage system INTILION | scalecube
• Warranty for the INTILION | scalecube energy storage system for 5 years

Today the energy storage provider INTILION signed a long-term collaboration agreement with Munich Re Group (“Munich Re”), the world's largest reinsurer by premium income. The insurance product offered by Munich Re provides INTILION with the ability to insure against clients’ claims arising under the warranty and performance guarantee (Product and Performance Warranty Insurance). These commitments are the result of an extensive auditing process of the INTILION | scalecube by MunichRe.

Dr. André Haubrock, CEO of INTILION AG says: “If there had been any need for a seal of approval for the quality and longevity of our product, it has now been provided by MunichRe after a very rigourous testing process. We are proud that the respected rein-surer has agreed to offer insurance covering the five-year warranty and 10-year performance guarantee that INTILION provides to its customers. This long-term approach gives our customers the necessary security and planning capability when using our large-scale storage solutions of up to 100 MWh.“

The cooperation agreement between INTILION and MunichRe was agreed today by Dr. André Haubrock as CEO of INTILION and by Dr. Sebastian Scholz, Product Lead Energy Storage on behalf of Munich Re Group at a ceremony during the trade fair "The Smarter E" in Munich.


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