Insurance
What insurers want battery developers to understand right now
There’s progress in battery energy storage system (BESS) risk maturity, but insurers are warning of supply chain problems, while OEMs are tightening their treatment of warranties. From ESS News Battery energy storage systems (BESS) are not an obscure insurance outlier, and the good news for the battery industry is that as deployments scale and technology […]
Hail damage to solar projects: 1% of filed claims, but over 50% of total losses
Hail damage has become a real headache for project developers in the United States, where growing deployment has increased exposure to weather-related risk. As project owners seek to limit the impact of hail on their bottom line, innovations in tracking systems and insurance can help. From the magazine A study by underwriter GCube Insurance found […]