Viewing posts tagged Risk

Solar Insurance Offering Reduces Potential Risks of Underperformance in Solar Power

New insurance products are always being developed to react to potential risks faced by owners and developers.  For example, a reduction in yield can have a significant impact on a solar installation’s financial performance which may not be as a result of any damage suffered.   As a leading provider of insurance products for the renewable energy sector,  Nsure Renewables help companies to better manage the impact a reduction in yield can have on business.

Nsure’s Solar Protect insurance product provides cover for reduction in expected yield due to an installation’s under performance, without the need for proof of negligence or defectiveness to trigger coverage for revenue losses, providing cover for reductions in yield when production falls as a result of, for example, inclement weather, temporary sky obstructions, smoke, or volcanic ash clouds.

Read More