On May 13, Jolywood announced that they will continue their strategic cooperation with Munich Re. The two parties will continue joining forces to improve global renewable energy solutions. Munich Re will continue to provide Jolywood with a 12-year warranty for material and a 30-year warranty for linear power output.

In the three consecutive years of cooperation, the two parties aimed to jointly formulate and develop renewable energy solutions for investors and financing institutions with large-scale usage of Jolywood PV modules and provided diversified value-added services and a more comprehensive third-party support guarantee.