Under 20% of leading solar suppliers from a decade ago survived
Jamie Daggett · How insurance can narrow the valley of death [partner content] · Oct 15, 2025 · at 15:48
Jamie Daggett of Ariel Green explains why relying solely on hardware manufacturer balance sheets for long-term project warranties carries substantial risk.
0:00 / 0:11exact quote · 11.6s
720p mp4 · rendered on demand · StarZero watermark
“We've been insuring PV module manufacturers for nearly 15 years, and if you look back a decade, fewer than 20% of the leading solar suppliers from that time are still around today.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Jamie Daggett
Battery storage will experience heavy supplier attrition similar to solar market
“And we expect to see something similar in the battery storage and other clean technologies, so that's why”
Powin bankruptcy driven by mismanagement and chasing short-term growth
“It's, you know, still open question, but in my view it came down to mismanagement at Powen. They were chasing short-term growth and profits without putting enough emphasis on long-term risk management.”
Solar PV makers offer 30-year warranties despite lacking 30-year histories
“So PV modules, for example, have all standardized on 25 or thirty-year warranties. But most all of those companies have not been around for 25 or 30 years.”
Battery makers offer 20-year warranties on products with 5-year track records
“Same thing with batteries. They're guaranteeing their product for 15, maybe 20 years, although their product may be in the field for a maximum of three or five years.”
Financiers strand non-lithium batteries and bio-conversion in valley of death
“The ones that are trying to get across the valley of death are The new entrance. It's think of the non lithium battery suppliers, some of the long duration battery suppliers, many of the bio conversion companies that are out there that have a newer technology …”