Raicoon’s Autonomous Operations Center (AOC), a revolutionary AI-powered SaaS platform, fully automates solar PV operations, detects all measurable faults and eliminates false alarms. The industry’s first warranty promise is backed by Munich Re.

VIENNA, June 5, 2023 /PRNewswire/ — Climate technology pioneer raicoon, in a landmark partnership with global insurance powerhouse Munich Re Group (“Munich Re”), introduces an industry-first fault detection warranty 100% with zero false alarms for solar operations. This alliance reinforces confidence in AI-powered solutions in the renewable energy sector.

Michael Berger, Head of Insure AI at Munich Re, said: “The partnership shows Munich Re’s commitment to absorbing technical risks and fostering sustainable growth in green technologies. Building on Munich Re’s 14 years of experience in renewable energy, We stand behind the outstanding technical quality of AI-powered solutions like raicoon AOC.”

Raicoon CEO Ralf Tschanun added: “Our partnership with Munich Re is a game-changing milestone for raicoon and the renewable energy industry. Our unique 100% fault detection and zero false alarm guarantee empowers customers to rely on AI-powered technology and advance the transition to sustainable energy sources without any risk. Our customers can rest easy knowing that raicoon AOC runs their PV plants fully autonomously with unprecedented quality and precision.”

Munich Re’s artificial intelligence specialists conducted a comprehensive analysis of raicoon’s AOC technology which led to the development of a customized insurance product for raicoon AOC. If the AOC generates a false alarm or fails to detect an anomaly, raicoon will compensate 100% of the loss. The insurance product of a Munich Re Group company indemnifies raicoon for its obligations to clients as a result of this guarantee, allowing clients to invest in raicoon’s technology without risk with confidence.

This innovative collaboration between Munich Re and raicoon empowers the acceleration of the energy transition. increases the efficiency and profitability of solar asset management and optimizes the use of resources.

Visit raicoon.com to learn more about how raicoon AOC can improve the profitability of your solar power plant or to schedule a demo.

About raicoonraicoon is a climate technology company revolutionizing solar energy systems with autonomous operations through its cloud-based SaaS platform. raicoon AOC enables solar power plants to operate more efficiently and profitably. Visit raicoon.com for more information.

Press contact:Ralf TschanunCEO

www.raicoon.com

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