Instead of talking about market and price, quality was the key word at the 'Quality China' Solar Summit in Changzhou, Jiangsu province, which was held on Jan 15 and 16 and hosted by German testing and certification company TUV Rheinland. [Photo provided to chinadaily.com.cn]

To better capture increasing demand in China, TUV Rheinland is continuing to offer innovative products to meet clients' changing demands over the past decade.

The company started to help some financial institutions to enter into solar industry in 2013 by offering quality control services including feasibility surveys, installation supervision and follow-up inspections with due diligence.

"As a financial institution, we do not have much knowledge about the solar power industry, so we have to rely on TUV Rheinland's reports to secure our return," said Wu Qiping, a manager from China Financial leasing Co.

TUV Rheinland signed a memorandum with ZTT Solar and Dinghe Insurance on Jan 16 to start corporations in areas such as insurance, finance and due diligence services. The agreement allows international financial capital companies and world leading professional technical platforms explore business opportunities in China.

According to the memorandum, ZZT will build two distributed PV plants in Guangdong and Fujian provinces and TUV Rheinland will evaluate the projects from the designing stage.

TUV Rheinland will check all project-related items such as project design, power output and meteorological conditions before construction and offer installation supervision and an acceptance assessment upon the project's completion. The services are expected to ensure the interests and return of insurance companies.

Based on TUV Rheinland's reports, Dinghe will provide insurance service to ZZT and will be the first power output insurance provider in China.