Featured in Solar leads the European recovery – 06-2020

Evolving landscape for insurance in the PV industry

Risk transfer and credit enhancement – these are the primary drivers for why we buy insurance, says Jan Napiorkowski, global head of clean energy for Ariel Re. And as more sophisticated and larger investors move into solar asset ownership, demand for performance guarantees is increasing.

By

pv magazine

15 Jun 2020

Image: SunPower

Reflecting on the PV industry back in 2008, it was clearly an important moment in the development of insurance for the solar industry. Investors in PV projects and banks providing finance increasingly began to question whether manufacturers had the financial wherewithal to stand by their warranties. It was also when manufacturers realized the significant liabilities …

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