insurance

US insurer kWh Analytics has released its latest Solar Risk Assessment report, which explores how extreme weather is affecting solar farms.

FTC Solar has launched its Automated Hail Stow Solution, an automated programme to stow PV modules ahead of hailstorms.

"Why do my insurance premiums keep rising, even though I haven't had a claim?" The answer lies in the landscape of natural catastrophe risk.

The renewable industry is facing a perfect storm of factors leading to tighter business interruption and equipment breakdown insurance terms.

The Q2 2023 edition of our downstream solar journal, PV Tech Power, is now available to download.

Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.

San Francisco-based data analytics and insurtech firm kWh Analytics has partnered with Aspen Insurance to launch property insurance for renewable energy assets.

The US’s blocked solar supply chain combined with the threat of operational modules being damaged by extreme weather could leave project developers and asset owners at risk of revenue loss as replacement equipment becomes hard to source.

Current testing for solar modules is inadequate to account for the rising severity of extreme weather events in North America, according to a report from renewable energy project underwriter GCube Insurance.

Supply chain woes, spiralling energy prices and the COVID-19 pandemic have reversed the downward trend in average business interruption (BI) claims for renewables developers, with sector-wide average business downtime days up by 38% on 2016.