Featured in Spotlight on quality – 04-2021

Dynamics driving insurance costs

While utility-scale solar assets are surging in popularity with investors, there are a number of emerging challenges that energy operators need to keep in mind, writes Andrew Slevin, CEO of John Foord.

By

pv magazine

07 Apr 2021

Image: Supplied on condition of anonymity

One key risk that could potentially hinder the growth of the solar industry globally is the impact of climate change and the damage that extreme weather can do to solar assets, driving up operating costs and insurance premiums over time. According to research by international law firm Norton Rose Fulbright, insurance premiums for solar projects …

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