Best Practices for Mitigating Hail Damage to Solar Projects

Credit to Author: Contributed Content| Date: Sun, 08 Dec 2024 03:39:03 +0000

Mitigating against the risk of hail for solar projects is both extremely complicated and more straightforward than you may think. Natural catastrophes (NatCat), particularly hail, pose a significant risk for […]

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Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets

Credit to Author: Contributed Content| Date: Mon, 01 May 2023 04:09:58 +0000

News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, […]

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Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables

Credit to Author: Sonal Patel| Date: Tue, 18 Oct 2022 14:34:57 +0000

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

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